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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Income Statement [Abstract]    
Net sales $ 99,265 $ 114,063
Cost of sales 50,128 52,746
Gross profit 49,137 61,317
Selling, general, and administrative 52,785 55,939
Operating (loss) / income [1] (3,648) 5,378
Interest expense (356) (375)
Interest income 122 57
(Loss) / Income before income taxes (3,882) 5,060
Provision for income taxes (Note 9) 277 1,723
Net (loss) / income (4,159) 3,337
Less: Net income attributed to noncontrolling interests   29
Net (loss) / income attributed to Movado Group, Inc. $ (4,159) $ 3,308
Basic income per share:    
Weighted basic average shares outstanding 23,075,000 23,073,000
Net (loss) / income per share attributed to Movado Group, Inc. $ (0.18) $ 0.14
Diluted income per share:    
Weighted diluted average shares outstanding 23,075,000 23,349,000
Net (loss) / income per share attributed to Movado Group, Inc. $ (0.18) $ 0.14
Dividends declared per share $ 0.13 $ 0.13
[1] In the United States and International locations of the Wholesale segment, fiscal 2018 operating (loss) / income included a pre-tax charge of $3.8 million and $2.5 million, respectively, as a result of the Company’s cost savings initiative.