XML 123 R112.htm IDEA: XBRL DOCUMENT v3.25.1
Quarterly Financial Information (Unaudited) -Schedule of Consolidated Statements of Changes in Equity (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Oct. 31, 2024
Jul. 31, 2024
Apr. 30, 2024
Oct. 31, 2023
Jul. 31, 2023
Apr. 30, 2023
Jul. 31, 2024
Jul. 31, 2023
Oct. 31, 2024
Oct. 31, 2023
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2023
Beginning Balance $ 494,412 $ 491,856 $ 508,049 $ 497,471 $ 489,997 $ 505,002 $ 508,049 $ 505,002 $ 508,049 $ 505,002 $ 508,049 $ 505,002 $ 473,378
Net income/(loss) attributable to Movado Group, Inc.                     19,209 42,175 92,425
Foreign currency translation adjustment [1]                     (12,471) 10,657 (1,805)
Ending Balance 493,850 494,412 491,856 494,318 497,471 489,997 494,412 497,471 493,850 494,318 483,579 508,049 505,002
Total equity ending balance 493,850 494,412 491,856 494,318 497,471 489,997 494,412 497,471 493,850 494,318 483,579 508,049 505,002
Retained Earnings                          
Beginning Balance 449,346 453,651 459,409 449,852 451,063 471,210 459,409 471,210 459,409 471,210 459,409 471,210 412,190
Net income/(loss) attributable to Movado Group, Inc. 4,827 3,469 2,015 15,216 6,538 9,754 5,484 16,292 10,311 31,508 18,364 41,345 90,383
Ending Balance 446,401 449,346 453,651 457,319 449,852 451,063 449,346 449,852 446,401 457,319 446,704 459,409 471,210
Total equity ending balance 446,401 449,346 453,651 457,319 449,852 451,063 449,346 449,852 446,401 457,319 446,704 459,409 471,210
Accumulated Other Comprehensive Income                          
Beginning Balance 87,802 82,081 92,335     81,295 92,335 81,295 92,335 81,295 92,335 81,295 85,295
Foreign currency translation adjustment 2,241 5,782 (10,331)       (4,549)   (2,308)   (12,321) [1] 10,835 [1] (1,790) [1]
Ending Balance 90,262 87,802 82,081       87,802   90,262   79,981 92,335 81,295
Total equity ending balance 90,262 87,802 82,081       87,802   90,262   79,981 92,335 81,295
Noncontrolling Interests                          
Beginning Balance 2,368 2,260 2,159     2,938 2,159 2,938 2,159 2,938 2,159 2,938 1,967
Net income/(loss) attributable to Movado Group, Inc. 219 97 124       221   440   845 830 2,042
Foreign currency translation adjustment 0 11 (23)       (12)   (12)   (150) [1] (178) [1] (15) [1]
Ending Balance 2,587 2,368 2,260       2,368   2,587   2,250 2,159 2,938
Total equity ending balance 2,587 2,368 2,260       2,368   2,587   2,250 2,159 2,938
As Previously Reported                          
Beginning Balance 506,575 503,680 518,957 503,898 494,913 510,544 518,957 510,544 518,957 510,544 518,957 510,544  
Ending Balance 506,424 506,575 503,680 502,918 503,898 494,913 506,575 503,898 506,424 502,918   518,957 510,544
Total equity ending balance 506,424 506,575 503,680 502,918 503,898 494,913 506,575 503,898 506,424 502,918   518,957 510,544
As Previously Reported | Retained Earnings                          
Beginning Balance 461,382 465,435 470,317 456,279 455,979 476,752 470,317 476,752 470,317 476,752 470,317 476,752 413,587
Net income/(loss) attributable to Movado Group, Inc. 5,050 3,721 2,891 17,389 8,049 9,128 6,612 17,177 11,662 34,566   46,711 94,528
Ending Balance 458,660 461,382 465,435 465,919 456,279 455,979 461,382 456,279 458,660 465,919   470,317 476,752
Total equity ending balance 458,660 461,382 465,435 465,919 456,279 455,979 461,382 456,279 458,660 465,919   470,317 476,752
As Previously Reported | Accumulated Other Comprehensive Income                          
Beginning Balance 87,838 82,073 92,335       92,335   92,335   92,335    
Foreign currency translation adjustment 2,266 5,826 (10,339)       (4,513)   (2,247)        
Ending Balance 90,323 87,838 82,073       87,838   90,323     92,335  
Total equity ending balance 90,323 87,838 82,073       87,838   90,323     92,335  
As Previously Reported | Noncontrolling Interests                          
Beginning Balance 2,459 2,308 2,159       2,159   2,159   2,159    
Net income/(loss) attributable to Movado Group, Inc. 383 140 172       312   695        
Foreign currency translation adjustment (1) 11 (23)       (12)   (13)        
Ending Balance 2,841 2,459 2,308       2,459   2,841     2,159  
Total equity ending balance 2,841 2,459 2,308       2,459   2,841     2,159  
Adjustment                          
Beginning Balance (12,163) (11,824) (10,908) (6,427) (4,916) (5,542) (10,908) (5,542) (10,908) (5,542) (10,908) (5,542)  
Ending Balance (12,574) (12,163) (11,824) (8,600) (6,427) (4,916) (12,163) (6,427) (12,574) (8,600)   (10,908) (5,542)
Total equity ending balance (12,574) (12,163) (11,824) (8,600) (6,427) (4,916) (12,163) (6,427) (12,574) (8,600)   (10,908) (5,542)
Adjustment | Retained Earnings                          
Beginning Balance (12,036) (11,784) (10,908) (6,427) (4,916) (5,542) (10,908) (5,542) (10,908) (5,542) (10,908) (5,542) (1,397)
Net income/(loss) attributable to Movado Group, Inc. (223) (252) (876) (2,173) (1,511) 626 (1,128) (885) (1,351) (3,058)   (5,366) (4,145)
Ending Balance (12,259) (12,036) (11,784) (8,600) (6,427) (4,916) (12,036) (6,427) (12,259) (8,600)   (10,908) (5,542)
Total equity ending balance (12,259) (12,036) (11,784) $ (8,600) $ (6,427) $ (4,916) (12,036) $ (6,427) (12,259) $ (8,600)   (10,908) $ (5,542)
Adjustment | Accumulated Other Comprehensive Income                          
Beginning Balance (36) 8 0       0   0   0    
Foreign currency translation adjustment (25) (44) 8       (36)   (61)        
Ending Balance (61) (36) 8       (36)   (61)     0  
Total equity ending balance (61) (36) 8       (36)   (61)     0  
Adjustment | Noncontrolling Interests                          
Beginning Balance (91) (48) 0       0   0   $ 0    
Net income/(loss) attributable to Movado Group, Inc. (164) (43) (48)       (91)   (255)        
Foreign currency translation adjustment 1 0 0       0   1        
Ending Balance (254) (91) (48)       (91)   (254)     0  
Total equity ending balance $ (254) $ (91) $ (48)       $ (91)   $ (254)     $ 0  
[1] The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.