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Segment and Geographic Information - Operating Segment Data (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 31, 2023
Jan. 31, 2022
Jan. 31, 2021
Operating segment data      
Net sales [1] $ 751,898 $ 732,393 $ 506,397
Operating Income/(Loss) [2],[3],[4],[5],[6],[7] 120,354 117,491 (142,127)
Total Assets 787,705 761,160  
Capital Expenditure 7,085 5,656 3,018
Depreciation and Amortization 10,809 12,463 14,112
Watch and Accessory Brands      
Operating segment data      
Net sales 640,339 626,223 447,362
Operating Income/(Loss) [2],[3],[4],[5] 95,037 85,619 (152,662)
Total Assets 722,267 701,986  
Capital Expenditure 4,323 2,956 2,909
Depreciation and Amortization 8,233 9,810 11,462
Watch and Accessory Brands | Owned brands category      
Operating segment data      
Net sales 230,277 249,940 178,173
Watch and Accessory Brands | Licensed brands category      
Operating segment data      
Net sales 399,556 368,354 262,367
Watch and Accessory Brands | After-sales service and all other      
Operating segment data      
Net sales 10,506 7,929 6,822
Company Stores      
Operating segment data      
Net sales 111,559 106,170 59,035
Operating Income/(Loss) [2],[3],[4],[5] 25,317 31,872 10,535
Total Assets 65,438 59,174  
Capital Expenditure 2,762 2,700 109
Depreciation and Amortization $ 2,576 $ 2,653 $ 2,650
[1] The United States and International net sales are net of intercompany sales of $350.5 million, $358.9 million and $236.9 million for the fiscal years ended January 31, 2023, 2022 and 2021, respectively.
[2] Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $99.7 million related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[3] Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $0.1 million and $1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company established in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $8.0 million and $4.6 million, respectively, related to the corporate initiatives that the Company established in response to the impact on its business due to the COVID-19 pandemic.
[4] Fiscal 2023, 2022 and 2021 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $0.3 million, $0.4 million and $1.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand.
[5] Fiscal 2023, 2022 and 2021 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $2.6 million, $2.9 million and $2.7 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand.
[6] The International operating income/(loss) included $81.0 million, $80.5 million and $63.0 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2023, 2022 and 2021, respectively.
[7] The United States operating income/(loss) included $37.0 million, $38.7 million and $29.1 million of unallocated corporate expenses for the fiscal years ended January 31, 2023, 2022 and 2021, respectively.