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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Income Statement [Abstract]        
Net sales $ 157,816 $ 144,093 $ 304,365 $ 271,242
Cost of sales 72,477 66,259 140,153 125,884
Gross profit 85,339 77,834 164,212 145,358
Selling, general and administrative 76,563 64,974 150,462 124,359
Operating income [1] 8,776 12,860 13,750 20,999
Non-operating income/(expense):        
Change in contingent consideration (Note 8) 13,627 0 13,627 0
Interest expense (225) (162) (449) (384)
Interest income 24 57 45 114
Income before income taxes 22,202 12,755 26,973 20,729
Provision for income taxes (Note 11) 4,741 3,615 5,588 3,474
Net income 17,461 9,140 21,385 17,255
Less: Net loss attributable to noncontrolling interests (44) 0 (45) 0
Net income attributable to Movado Group, Inc. $ 17,505 $ 9,140 $ 21,430 $ 17,255
Basic income per share:        
Weighted basic average shares outstanding 23,138 23,245 23,127 23,172
Net income per share attributable to Movado Group, Inc. $ 0.76 $ 0.39 $ 0.93 $ 0.74
Diluted income per share:        
Weighted diluted average shares outstanding 23,292 23,712 23,370 23,585
Net income per share attributable to Movado Group, Inc. $ 0.75 $ 0.39 $ 0.92 $ 0.73
[1] 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.