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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jul. 31, 2017
Jan. 31, 2017
Jul. 31, 2016
Current assets:      
Cash and cash equivalents $ 162,417 $ 256,279 $ 205,795
Trade receivables, net 81,513 66,847 72,737
Inventories 176,967 153,167 186,090
Other current assets 31,825 28,487 34,807
Total current assets 452,722 504,780 499,429
Property, plant and equipment, net 31,412 34,173 35,726
Deferred and non-current income taxes 24,924 24,837 20,656
Goodwill 56,116    
Other intangibles, net 23,184 1,633 1,837
Other non-current assets 45,715 42,379 41,088
Total assets 634,073 607,802 598,736
Current liabilities:      
Loans payable to bank, current 5,000 5,000 3,000
Accounts payable 35,174 27,192 26,013
Accrued liabilities 44,192 35,061 37,676
Income taxes payable 1,730 4,149 2,120
Total current liabilities 86,096 71,402 68,809
Loans payable to bank 25,000 25,000 35,000
Deferred and non-current income taxes payable 7,759 3,322 3,089
Other non-current liabilities 37,060 34,085 32,206
Total liabilities 155,915 133,809 139,104
Commitments and contingencies (Note 9)
Equity:      
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued
Capital in excess of par value 187,852 185,354 182,185
Retained earnings 411,275 415,919 396,432
Accumulated other comprehensive income 85,478 76,780 83,413
Treasury Stock, 10,972,873, 10,869,321 and 10,830,958 shares, respectively, at cost (206,787) (204,398) (203,384)
Total Movado Group, Inc. shareholders' equity 478,158 473,993 458,983
Noncontrolling interests     649
Total equity 478,158 473,993 459,632
Total liabilities and equity 634,073 607,802 598,736
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.