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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2023
Jan. 31, 2023
Oct. 31, 2022
Current assets:      
Cash and cash equivalents $ 200,965 $ 251,584 $ 186,665
Trade receivables, net 135,523 94,282 135,566
Inventories 171,966 186,203 215,006
Other current assets 18,856 24,212 18,664
Income taxes receivable 11,135 10,908 7,978
Total current assets 538,445 567,189 563,879
Property, plant and equipment, net 19,458 18,699 18,207
Operating lease right-of-use assets 84,212 80,897 74,918
Deferred and non-current income taxes 44,814 44,490 44,288
Other intangibles, net 7,688 9,642 9,818
Other non-current assets 68,780 66,788 64,570
Total assets 763,397 787,705 775,680
Current liabilities:      
Accounts payable 22,998 32,085 40,884
Accrued liabilities 57,165 46,720 66,894
Accrued payroll and benefits 10,317 17,343 15,581
Current operating lease liabilities 15,885 17,681 16,779
Income taxes payable 20,024 28,591 25,457
Total current liabilities 126,389 142,420 165,595
Deferred and non-current income taxes payable 7,966 15,163 15,639
Non-current operating lease liabilities 76,929 70,910 65,164
Other non-current liabilities 49,195 48,668 45,735
Total liabilities 260,479 277,161 292,133
Commitments and contingencies (Note 8)
Redeemable noncontrolling interest 0 0 2,433
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued 0 0 0
Capital in excess of par value 236,438 230,782 227,997
Retained earnings 465,919 476,752 461,789
Accumulated other comprehensive income 81,727 81,295 66,196
Treasury Stock, 13,282,860, 13,194,339 and 13,090,839 shares, respectively, at cost (283,998) (281,576) (278,313)
Total Movado Group, Inc. shareholders' equity 500,439 507,606 478,021
Noncontrolling interest 2,479 2,938 3,093
Total equity 502,918 510,544 481,114
Total liabilities, redeemable noncontrolling interest and equity 763,397 787,705 775,680
Common Stock Class Undefined      
Equity:      
Common Stock 289 288 287
Class A Common Stock      
Equity:      
Common Stock $ 64 $ 65 $ 65