Debt and Lines of Credit	6 Months Ended
Jul. 31, 2019
Debt Disclosure [Abstract]
Debt and Lines of Credit	NOTE 6 – DEBT AND LINES OF CREDIT On October 12, 2018, the Company, together with Movado Group Delaware Holdings Corporation, Movado Retail Group, Inc. and Movado LLC (together with the Company, the “U.S. Borrowers”), each a wholly owned domestic subsidiary of the Company, and Movado Watch Company S.A. and MGI Luxury Group S.A. (collectively, the “Swiss Borrowers” and, together with the U.S. Borrowers, the “Borrowers”), each a wholly owned Swiss subsidiary of the Company, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A. as administrative agent (in such capacity, the “Agent”). The Credit Agreement amends and restates the Company’s prior credit agreement dated as of January 30, 2015 (the “Prior Credit Agreement”) and extends the maturity of the $100.0 million senior secured revolving credit facility (the “Facility”) provided thereunder to October 12, 2023. The Facility includes a $15.0 million letter of credit subfacility, a $25.0 million swingline subfacility and a $75.0 million sublimit for borrowings by the Swiss Borrowers, with provisions for uncommitted increases to the Facility of up to $50.0 million in the aggregate subject to customary terms and conditions. As of July 31, 2019, and July 31, 2018, there were 50.0 million in Swiss francs (with a dollar equivalent of $50.3 million) and zero, respectively, in loans outstanding under the Facility. Availability under the Facility was reduced by the aggregate number of letters of credit outstanding, issued in connection with retail and operating facility leases to various landlords and for Canadian payroll to the Royal Bank of Canada, totaling approximately $0.3 million at both July 31, 2019 and July 31, 2018. At July 31, 2019, the letters of credit have expiration dates through June 1, 2020. As of July 31, 2019, and July 31, 2018, availability under the Facility was $49.4 million and $99.7 million, respectively. The Company had weighted average borrowings under the facility of $50.2 million and zero during the three months ended July 31, 2019 and 2018, respectively, with a weighted average interest rate of 1.00% during the three months ended July 31, 2019. The Company had weighted average borrowings under the facility of $50.0 million and $3.7 million, with a weighted average interest rate of 1.00% and 3.07%, during the six months ended July 31, 2019 and 2018, respectively. A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of July 31, 2019, and 2018, these lines of credit totaled 6.5 million Swiss francs for both periods, with a dollar equivalent of $6.5 million and $6.6 million, respectively. As of July 31, 2019, and 2018, there were no borrowings against these lines. As of July 31, 2019, and 2018, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $1.2 million, for both periods, in various foreign currencies, of which $0.5 million and $0.6 million, respectively, was a restricted deposit as it relates to lease agreements. Cash paid for interest, including unused commitments fees, was $0.3 million for both periods ended July 31, 2019 and July 31, 2018.

Debt and Lines of Credit

6 Months Ended

Jul. 31, 2019

NOTE 6 – DEBT AND LINES OF CREDIT

On October 12, 2018, the Company, together with Movado Group Delaware Holdings Corporation, Movado Retail Group, Inc. and Movado LLC (together with the Company, the “U.S. Borrowers”), each a wholly owned domestic subsidiary of the Company, and Movado Watch Company S.A. and MGI Luxury Group S.A. (collectively, the “Swiss Borrowers” and, together with the U.S. Borrowers, the “Borrowers”), each a wholly owned Swiss subsidiary of the Company, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A. as administrative agent (in such capacity, the “Agent”). The Credit Agreement amends and restates the Company’s prior credit agreement dated as of January 30, 2015 (the “Prior Credit Agreement”) and extends the maturity of the $100.0 million senior secured revolving credit facility (the “Facility”) provided thereunder to October 12, 2023. The Facility includes a $15.0 million letter of credit subfacility, a $25.0 million swingline subfacility and a $75.0 million sublimit for borrowings by the Swiss Borrowers, with provisions for uncommitted increases to the Facility of up to $50.0 million in the aggregate subject to customary terms and conditions.

As of July 31, 2019, and July 31, 2018, there were 50.0 million in Swiss francs (with a dollar equivalent of $50.3 million) and zero, respectively, in loans outstanding under the Facility. Availability under the Facility was reduced by the aggregate number of letters of credit outstanding, issued in connection with retail and operating facility leases to various landlords and for Canadian payroll to the Royal Bank of Canada, totaling approximately $0.3 million at both July 31, 2019 and July 31, 2018. At July 31, 2019, the letters of credit have expiration dates through June 1, 2020. As of July 31, 2019, and July 31, 2018, availability under the Facility was $49.4 million and $99.7 million, respectively.

The Company had weighted average borrowings under the facility of $50.2 million and zero during the three months ended July 31, 2019 and 2018, respectively, with a weighted average interest rate of 1.00% during the three months ended July 31, 2019. The Company had weighted average borrowings under the facility of $50.0 million and $3.7 million, with a weighted average interest rate of 1.00% and 3.07%, during the six months ended July 31, 2019 and 2018, respectively.

A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of July 31, 2019, and 2018, these lines of credit totaled 6.5 million Swiss francs for both periods, with a dollar equivalent of $6.5 million and $6.6 million, respectively. As of July 31, 2019, and 2018, there were no borrowings against these lines. As of July 31, 2019, and 2018, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $1.2 million, for both periods, in various foreign currencies, of which $0.5 million and $0.6 million, respectively, was a restricted deposit as it relates to lease agreements.

Cash paid for interest, including unused commitments fees, was $0.3 million for both periods ended July 31, 2019 and July 31, 2018.