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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2024
Jan. 31, 2024
Apr. 30, 2023
Current assets:      
Cash and cash equivalents $ 225,372 $ 262,059 $ 198,257
Trade receivables, net 101,722 104,472 94,037
Inventories 159,618 148,031 195,235
Other current assets 22,258 17,962 25,804
Income taxes receivable 8,336 11,354 12,057
Total current assets 517,306 543,878 525,390
Property, plant and equipment, net 19,037 19,436 19,075
Operating lease right-of-use assets 89,155 82,661 76,194
Deferred and non-current income taxes 43,280 43,016 45,049
Other intangibles, net 6,935 7,493 8,996
Other non-current assets 75,702 72,598 66,792
Total assets 751,415 769,082 741,496
Current liabilities:      
Accounts payable 32,999 32,775 24,443
Accrued liabilities 41,976 38,695 48,858
Accrued payroll and benefits 7,340 7,591 7,597
Current operating lease liabilities 18,192 15,696 17,558
Income taxes payable 6,459 18,318 17,557
Total current liabilities 106,966 113,075 116,013
Deferred and non-current income taxes payable 8,143 8,234 14,540
Non-current operating lease liabilities 79,749 76,396 66,743
Other non-current liabilities 52,877 52,420 49,287
Total liabilities 247,735 250,125 246,583
Commitments and contingencies (Note 8)
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued 0 0 0
Capital in excess of par value 240,923 239,062 232,419
Retained earnings 465,435 470,317 455,979
Accumulated other comprehensive income 82,073 92,335 85,177
Treasury Stock, 13,404,954, 13,328,095 and 13,208,339 shares, respectively, at cost (287,414) (285,270) (281,957)
Total Movado Group, Inc. shareholders' equity 501,372 516,798 491,971
Noncontrolling interest 2,308 2,159 2,942
Total equity 503,680 518,957 494,913
Total liabilities and equity 751,415 769,082 741,496
Common Stock Class Undefined      
Equity:      
Common Stock 291 290 288
Class A Common Stock      
Equity:      
Common Stock $ 64 $ 64 $ 65