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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Apr. 30, 2017
Jan. 31, 2017
Apr. 30, 2016
Current assets:      
Cash and cash equivalents $ 233,594 $ 256,279 $ 203,909
Trade receivables, net 66,457 66,847 75,771
Inventories 160,376 153,167 178,388
Other current assets 32,555 28,487 36,472
Total current assets 492,982 504,780 494,540
Property, plant and equipment, net 31,962 34,173 37,247
Deferred and non-current income taxes 24,864 24,837 20,697
Other non-current assets 45,233 44,012 41,578
Total assets 595,041 607,802 594,062
Current liabilities:      
Loans payable to bank, current 5,000 5,000  
Accounts payable 22,981 27,192 27,677
Accrued liabilities 37,530 35,061 37,191
Income taxes payable 1,349 4,149 893
Total current liabilities 66,860 71,402 65,761
Loans payable to bank 25,000 25,000 35,000
Deferred and non-current income taxes payable 3,312 3,322 3,008
Other non-current liabilities 35,349 34,085 30,875
Total liabilities 130,521 133,809 134,644
Commitments and contingencies (Note 8)
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued
Capital in excess of par value 186,628 185,354 180,562
Retained earnings 408,778 415,919 393,113
Accumulated other comprehensive income 74,893 76,780 86,171
Treasury Stock, 10,943,527, 10,869,321 and 10,742,285 shares, respectively, at cost (206,119) (204,398) (201,397)
Total Movado Group, Inc. shareholders' equity 464,520 473,993 458,786
Noncontrolling interests     632
Total equity 464,520 473,993 459,418
Total liabilities and equity 595,041 607,802 594,062
Common Stock Class Undefined      
Equity:      
Common Stock 273 272 271
Total equity [1] 273 272 271
Class A Common Stock      
Equity:      
Common Stock 67 66 66
Total equity [2] $ 67 $ 66 $ 66
[1] Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[2] Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares.