Segment and Geographic Information (Tables)

6 Months Ended

Jul. 31, 2019

Segment Reporting [Abstract]

Operating Segment Data

Operating Segment Data for the Three Months Ended July 31, 2019 and 2018 (in thousands):

	Net Sales
	2019		2018
Watch and Accessory Brands:
Owned brands category	$	56,690	$	51,533
Licensed brands category		77,486		69,722
After-sales service and all other		2,630		1,827
Total Watch and Accessory Brands		136,806		123,082
Company Stores		21,010		21,011
Consolidated total	$	157,816	$	144,093

	Operating Income (3)
	2019		2018
Watch and Accessory Brands	$	5,698	$	8,202
Company Stores		3,078		4,658
Consolidated total	$	8,776	$	12,860

Operating Segment Data as of and for the Six Months Ended July 31, 2019 and 2018 (in thousands):

	Net Sales
	2019		2018
Watch and Accessory Brands:
Owned brands category	$	108,609	$	93,116
Licensed brands category		150,281		135,573
After-sales service and all other		9,411		6,493
Total Watch and Accessory Brands		268,301		235,182
Company Stores		36,064		36,060
Consolidated total	$	304,365	$	271,242

	Operating Income (3)
	2019		2018
Watch and Accessory Brands	$	8,793	$	14,569
Company Stores		4,957		6,430
Consolidated total	$	13,750	$	20,999

	Total Assets (1)
	July 31, 2019		January 31, 2019		July 31, 2018
Watch and Accessory Brands	$	772,653	$	735,244	$	601,788
Company Stores		67,978		24,457		25,460
Consolidated total	$	840,631	$	759,701	$	627,248

(1) Total assets at July 31, 2019 include $49.4 million and $41.7 million of operating lease right-of-use assets within Watch and Accessory Brands and Company Stores, respectively, recorded as a result of the Company’s adoption of ASU 2016-02 on February 1, 2019 (see Note 10 – Leases).

Geographic Segment Data

Geographic Location Data for the Three Months Ended July 31, 2019 and 2018 (in thousands):

	Net Sales				Operating Income / (Loss) (3)
	2019		2018		2019			2018
United States (1)	$	66,529	$	59,020	$	(3,251	)	$	(2,209	)
International (2)		91,287		85,073		12,027			15,069
Consolidated total	$	157,816	$	144,093	$	8,776		$	12,860

The United States and International net sales are net of intercompany sales of $91.0 million and $76.5 million for the three months ended July 31, 2019 and 2018, respectively.

Geographic Location Data as of and for the Six Months Ended July 31, 2019 and 2018 (in thousands):

	Net Sales				Operating Income / (Loss) (3)
	2019		2018		2019			2018
United States (1)	$	126,023	$	107,862	$	(12,203	)	$	(8,191	)
International (2)		178,342		163,380		25,953			29,190
Consolidated total	$	304,365	$	271,242	$	13,750		$	20,999

United States and International net sales are net of intercompany sales of $168.9 million and $141.1 million for the six months ended July 31, 2019 and 2018, respectively.

(1) The United States operating loss included $4.1 million and $10.6 million of unallocated corporate expenses for the three months ended July 31, 2019 and 2018, respectively. The United States operating loss included $13.1 million and $20.7 million of unallocated corporate expenses for the six months ended July 31, 2019 and 2018, respectively.

(2) The International operating income included $14.8 million and $11.3 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended July 31, 2019 and 2018, respectively. The International operating income included $27.8 million and $22.3 million of certain intercompany profits related to the Company’s supply chain operations for the six months ended July 31, 2019 and 2018, respectively.   

(3) For the three and six months ended July 31, 2019, in the United States location of the Watch and Accessory Brands, operating loss included a charge of $1.1 million and $2.6 million, respectively related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In the United States locations of the Watch and Accessory Brands segment, for the three months and six months ended July 31, 2018, operating income included $1.0 million, of expenses primarily associated with the then pending acquisition of MVMT.

	Total Assets (1)
	July 31, 2019		January 31, 2019		July 31, 2018
United States	$	397,502	$	328,014	$	206,346
International		443,129		431,687		420,902
Consolidated total	$	840,631	$	759,701	$	627,248

(1) Total assets at July 31, 2019 include $49.4 million and $41.7 million of operating lease right-of-use assets within Watch and Accessory Brands and Company Stores, respectively, recorded as a result of the Company’s adoption of ASU 2016-02 on February 1, 2019 (see Note 10 - Leases).

	Property, Plant and Equipment, Net
	July 31, 2019		January 31, 2019		July 31, 2018
United States	$	18,793	$	17,030	$	16,771
International		9,455		9,037		7,762
Consolidated total	$	28,248	$	26,067	$	24,533