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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Oct. 31, 2024
Jan. 31, 2024
Oct. 31, 2023
Current assets:      
Cash and cash equivalents $ 181,548 $ 262,059 $ 200,965
Trade receivables, net 139,163 104,472 135,523
Inventories 168,929 148,031 171,966
Other current assets 22,625 17,962 18,856
Income taxes receivable 7,922 11,354 11,135
Total current assets 520,187 543,878 538,445
Property, plant and equipment, net 20,480 19,436 19,458
Operating lease right-of-use assets 88,892 82,661 84,212
Deferred and non-current income taxes 43,767 43,016 44,814
Other intangibles, net 6,192 7,493 7,688
Other non-current assets 86,358 72,598 68,780
Total assets 765,876 769,082 763,397
Current liabilities:      
Accounts payable 29,429 32,775 22,998
Accrued liabilities 51,245 38,695 57,165
Accrued payroll and benefits 12,541 7,591 10,317
Current operating lease liabilities 18,851 15,696 15,885
Income taxes payable 9,760 18,318 20,024
Total current liabilities 121,826 113,075 126,389
Deferred and non-current income taxes payable 1,188 8,234 7,966
Non-current operating lease liabilities 79,410 76,396 76,929
Other non-current liabilities 57,028 52,420 49,195
Total liabilities 259,452 250,125 260,479
Commitments and contingencies (Note 9)
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued 0 0 0
Capital in excess of par value 243,311 239,062 236,438
Retained earnings 458,660 470,317 465,919
Accumulated other comprehensive income 90,323 92,335 81,727
Treasury Stock, 13,490,483, 13,328,095 and 13,282,860 shares, respectively, at cost (289,067) (285,270) (283,998)
Total Movado Group, Inc. shareholders' equity 503,583 516,798 500,439
Noncontrolling interest 2,841 2,159 2,479
Total equity 506,424 518,957 502,918
Total liabilities and equity 765,876 769,082 763,397
Common Stock Class Undefined      
Equity:      
Common Stock 292 290 289
Class A Common Stock      
Equity:      
Common Stock $ 64 $ 64 $ 64