Segment and Geographic Information (Tables)

9 Months Ended

Oct. 31, 2024

Segment Reporting [Abstract]

Operating Segment Data

Operating Segment Data for the Three Months Ended October 31, 2024 and 2023 (in thousands):

	Net Sales
	2024		2023
Watch and Accessory Brands:
Owned brands category	$	50,389	$	55,416
Licensed brands category		111,402		107,355
After-sales service and all other		72		2,368
Total Watch and Accessory Brands		161,863		165,139
Company Stores		20,864		22,547
Consolidated total	$	182,727	$	187,686

	Operating Income (3)
	2024		2023
Watch and Accessory Brands	$	5,272	$	18,489
Company Stores		1,278		2,203
Consolidated total	$	6,550	$	20,692

Operating Segment Data as of and for the Nine Months Ended October 31, 2024 and 2023 (in thousands):

	Net Sales
	2024		2023
Watch and Accessory Brands:
Owned brands category	$	135,802	$	149,436
Licensed brands category		274,359		272,012
After-sales service and all other		5,028		3,370
Total Watch and Accessory Brands		415,189		424,818
Company Stores		63,520		68,163
Consolidated total	$	478,709	$	492,981

	Operating Income (3)
	2024		2023
Watch and Accessory Brands	$	7,475	$	31,907
Company Stores		5,416		9,332
Consolidated total	$	12,891	$	41,239

	Total Assets
	October 31,  2024		January 31,  2024		October 31,  2023
Watch and Accessory Brands	$	700,388	$	710,067	$	703,253
Company Stores		65,488		59,015		60,144
Consolidated total	$	765,876	$	769,082	$	763,397

Geographic Segment Data

Geographic Location Data for the Three Months Ended October 31, 2024 and 2023 (in thousands):

	Net Sales				Operating (Loss)/Income (3)
	2024		2023		2024			2023
United States (1)	$	71,147	$	76,575	$	(15,117	)	$	(5,256	)
International (2)		111,580		111,111		21,667			25,948
Consolidated total	$	182,727	$	187,686	$	6,550		$	20,692

United States and International net sales are net of intercompany sales of $82.5 million and $86.8 million for the three months ended October 31, 2024 and 2023, respectively.

Geographic Location Data as of and for the Nine Months Ended October 31, 2024 and 2023 (in thousands):

	Net Sales				Operating (Loss)/Income (3)
	2024		2023		2024			2023
United States (1)	$	197,286	$	206,602	$	(29,447	)	$	(17,928	)
International (2)		281,423		286,379		42,338			59,167
Consolidated total	$	478,709	$	492,981	$	12,891		$	41,239

United States and International net sales are net of intercompany sales of $226.5 million and $200.3 million for the nine months ended October 31, 2024 and 2023, respectively.

(1)The United States operating loss included $11.9 million and $14.3 million of unallocated corporate expenses for the three months ended October 31, 2024 and 2023, respectively. The United States operating loss included $30.0 million and $36.0 million of unallocated corporate expenses for the nine months ended October 31, 2024 and 2023, respectively.

(2)The International operating income included $20.5 million and $22.9 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2024 and 2023, respectively. The International operating income included $48.8 million and $55.4 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2024 and 2023, respectively.

(3)The operating (loss)/income in the United States and International locations of the Watch and Accessory Brands segment included a pre-tax charge of $1.5 million and $1.2 million, respectively, related to the Company’s cost-savings initiative for the three and nine months ended October 2024.

	Total Assets
	October 31,  2024		January 31,  2024		October 31,  2023
United States	$	426,642	$	361,980	$	373,812
International		339,234		407,102		389,585
Consolidated total	$	765,876	$	769,082	$	763,397

	Property, Plant and Equipment, Net
	October 31,  2024		January 31,  2024		October 31,  2023
United States	$	13,403	$	11,950	$	12,212
International		7,077		7,486		7,246
Consolidated total	$	20,480	$	19,436	$	19,458