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Restatement of Previously Issued Consolidated Financial Statement - Consolidated Statements of Operations (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Jan. 31, 2025
Oct. 31, 2024
Jul. 31, 2024
Apr. 30, 2024
Jan. 31, 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
Net sales $ 181,475 $ 180,524 $ 157,000 $ 134,379 $ 175,753 $ 184,072 $ 158,020 $ 146,544 $ 291,379 $ 304,564 $ 471,903 $ 488,636 $ 653,378 [1],[2],[3] $ 664,389 [1],[2] $ 744,209 [1],[2]
Cost of sales   83,894 71,748 61,459 81,659 84,270 70,490 63,811 133,207 134,301 217,101 218,571 300,238 [2],[3] 300,230 [2] 315,081 [2]
Gross profit 98,338 96,630 85,252 72,920 94,094 99,802 87,530 82,733 158,172 170,263 254,802 270,065 353,140 [2],[3] 364,159 [2] 429,128 [2]
Selling, general and administrative   90,597 82,610 70,802 83,311 81,636 79,638 71,104 153,412 150,742 244,009 232,378 333,125 [2],[3] 315,689 [2] 313,541 [2]
Operating income 9,222 6,033 2,642 2,118 10,783 18,166 7,892 11,629 4,760 19,521 10,793 37,687 20,015 [2],[3] 48,470 [2] 115,587 [2]
Non-operating income/(expense):                              
Other income, net   1,522 1,877 2,172 1,800 1,632 1,537 1,025 4,049 2,562 5,571 4,194 7,125 [2],[3] 5,994 [2] 2,069 [2]
Interest expense   (144) (110) (118) (136) (135) (113) (113) (228) (226) (372) (361) (489) [2],[3] (497) [2] (518) [2]
Income before income taxes   7,411 4,409 4,172 12,447 19,663 9,316 12,541 8,581 21,857 15,992 41,520 26,651 [2],[3] 53,967 [2] 117,138 [2]
Provision/(benefit) for income taxes   2,365 843 2,033 2,348 4,166 2,640 2,638 2,876 5,278 5,241 9,444 7,442 11,792 24,260
Net income 8,458 5,046 3,566 2,139 10,099 15,497 6,676 9,903 5,705 16,579 10,751 32,076 19,209 42,175 92,878
Less: Net income/(loss) attributable to noncontrolling interest   219 97 124 262 281 138 149 221 287 440 568 845 830 2,495
Net income attributable to Movado Group, Inc. $ 8,053 $ 4,827 $ 3,469 $ 2,015 $ 9,837 $ 15,216 $ 6,538 $ 9,754 $ 5,484 $ 16,292 $ 10,311 $ 31,508 $ 18,364 $ 41,345 $ 90,383
Basic income/(loss) per share:                              
Weighted basic average shares outstanding   22,283 22,303 22,253 22,218 22,209 22,231 22,226 22,278 22,229 22,280 22,222 22,268 22,221 22,504
Net income/(loss) per share attributable to Movado Group, Inc. $ 0.36 $ 0.22 $ 0.16 $ 0.09 $ 0.44 $ 0.69 $ 0.29 $ 0.44 $ 0.25 $ 0.73 $ 0.46 $ 1.42 $ 0.82 $ 1.86 $ 4.02
Diluted income/(loss) per share:                              
Weighted diluted average shares outstanding   22,559 22,658 22,673 22,708 22,677 22,616 22,672 22,665 22,642 22,627 22,641 22,603 22,641 22,955
Net income/(loss) per share attributable to Movado Group, Inc. $ 0.36 $ 0.21 $ 0.15 $ 0.09 $ 0.43 $ 0.67 $ 0.29 $ 0.43 $ 0.24 $ 0.72 $ 0.46 $ 1.39 $ 0.81 $ 1.83 $ 3.94
As Previously Reported                              
Net sales   $ 182,727 $ 159,313 $ 136,669 $ 179,620 $ 187,686 $ 160,390 $ 144,905 $ 295,982 $ 305,295 $ 478,709 $ 492,981   $ 672,601 $ 751,898
Cost of sales   84,331 72,948 61,156 82,843 85,358 71,104 62,902 134,104 134,006 218,435 219,364   302,207 318,003
Gross profit   98,396 86,365 75,513 96,777 102,328 89,286 82,003 161,878 171,289 260,274 273,617   370,394 433,895
Selling, general and administrative   91,846 83,335 72,202 83,311 81,636 79,638 71,104 155,537 150,742 247,383 232,378   315,689 313,541
Operating income   6,550 3,030 3,311 13,466 20,692 9,648 10,899 6,341 20,547 12,891 41,239   54,705 120,354
Non-operating income/(expense):                              
Other income, net   1,522 1,877 2,172 1,800 1,632 1,537 1,025 4,049 2,562 5,571 4,194   5,994 2,069
Interest expense   (144) (110) (118) (136) (135) (113) (113) (228) (226) (372) (361)   (497) (518)
Income before income taxes   7,928 4,797 5,365 15,130 22,189 11,072 11,811 10,162 22,883 18,090 45,072   60,202 121,905
Provision/(benefit) for income taxes   2,495 936 2,302 2,723 4,519 2,885 2,534 3,238 5,419 5,733 9,938   12,661 24,882
Net income   5,433 3,861 3,063 12,407 17,670 8,187 9,277 6,924 17,464 12,357 35,134   47,541 97,023
Less: Net income/(loss) attributable to noncontrolling interest   383 140 172 262 281 138 149 312 287 695 568   830 2,495
Net income attributable to Movado Group, Inc.   $ 5,050 $ 3,721 $ 2,891 $ 12,145 $ 17,389 $ 8,049 $ 9,128 $ 6,612 $ 17,177 $ 11,662 $ 34,566   $ 46,711 $ 94,528
Basic income/(loss) per share:                              
Weighted basic average shares outstanding   22,283 22,303 22,253 22,218 22,209 22,231 22,226 22,278 22,229 22,280 22,222   22,221 22,504
Net income/(loss) per share attributable to Movado Group, Inc.   $ 0.23 $ 0.17 $ 0.13 $ 0.55 $ 0.78 $ 0.36 $ 0.41 $ 0.3 $ 0.77 $ 0.52 $ 1.56   $ 2.10 $ 4.20
Diluted income/(loss) per share:                              
Weighted diluted average shares outstanding   22,559 22,658 22,673 22,708 22,677 22,616 22,672 22,665 22,642 22,627 22,641   22,641 22,955
Net income/(loss) per share attributable to Movado Group, Inc.   $ 0.22 $ 0.16 $ 0.13 $ 0.53 $ 0.77 $ 0.36 $ 0.4 $ 0.29 $ 0.76 $ 0.52 $ 1.53   $ 2.06 $ 4.12
Adjustment                              
Net sales   $ (2,203) $ (2,313) $ (2,290) $ (3,867) $ (3,614) $ (2,370) $ 1,639 $ (4,603) $ (731) $ (6,806) $ (4,345)   $ (8,212) $ (7,689)
Cost of sales   (437) (1,200) 303 (1,184) (1,088) (614) 909 (897) 295 (1,334) (793)   (1,977) (2,922)
Gross profit   (1,766) (1,113) (2,593) (2,683) (2,526) (1,756) 730 (3,706) (1,026) (5,472) (3,552)   (6,235) (4,767)
Selling, general and administrative   (1,249) (725) (1,400) 0 0 0 0 (2,125) 0 (3,374) 0   0 0
Operating income   (517) (388) (1,193) (2,683) (2,526) (1,756) 730 (1,581) (1,026) (2,098) (3,552)   (6,235) (4,767)
Non-operating income/(expense):                              
Other income, net   0 0 0 0 0 0 0 0 0 0 0   0 0
Interest expense   0 0 0 0 0 0 0 0 0 0 0   0 0
Income before income taxes   (517) (388) (1,193) (2,683) (2,526) (1,756) 730 (1,581) (1,026) (2,098) (3,552)   (6,235) (4,767)
Provision/(benefit) for income taxes   (130) (93) (269) (375) (353) (245) 104 (362) (141) (492) (494)   (869) (622)
Net income   (387) (295) (924) (2,308) (2,173) (1,511) 626 (1,219) (885) (1,606) (3,058)   (5,366) (4,145)
Less: Net income/(loss) attributable to noncontrolling interest   (164) (43) (48) 0 0 0 0 (91) 0 (255) 0   0 0
Net income attributable to Movado Group, Inc.   $ (223) $ (252) $ (876) $ (2,308) $ (2,173) $ (1,511) $ 626 $ (1,128) $ (885) $ (1,351) $ (3,058)   $ (5,366) $ (4,145)
Basic income/(loss) per share:                              
Weighted basic average shares outstanding   0 0 0 0 0 0 0 0 0 0 0   0 0
Net income/(loss) per share attributable to Movado Group, Inc.   $ (0.01) $ (0.01) $ (0.04) $ (0.11) $ (0.09) $ (0.07) $ 0.03 $ (0.05) $ (0.04) $ (0.06) $ (0.14)   $ (0.24) $ (0.18)
Diluted income/(loss) per share:                              
Weighted diluted average shares outstanding   0 0 0 0 0 0 0 0 0 0 0   0 0
Net income/(loss) per share attributable to Movado Group, Inc.   $ (0.01) $ (0.01) $ (0.04) $ (0.1) $ (0.1) $ (0.07) $ 0.03 $ (0.05) $ (0.04) $ (0.06) $ (0.14)   $ (0.23) $ (0.18)
[1] The United States and International net sales in the Watch and Accessory Brands segment are net of intercompany sales of $287.6 million, $260.1 million and $350.5 million for the fiscal years ended January 31, 2025, 2024 and 2023, respectively.
[2] The operating income in the Watch and Accessory Brands segment included $30.0 million, $30.8 million and $37.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2025, 2024 and 2023, respectively, and $67.0 million, $71.5 million and $81.0 million of certain intercompany profits related to the Company's supply chain operations for the fiscal years ended January 31, 2025, 2024 and 2023, respectively.
[3] The operating income in the Watch and Accessory Brands segment included a pre-tax charge of $4.6 million related to the Company's cost-savings initiative for the fiscal year ended January 31, 2025 and a pre-tax charge of $2.5 million of professional fees related to the investigation of allegations of misconduct within the Dubai branch of the Company's Swiss subsidiary.