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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Cash flows from operating activities:    
Net income attributable to Movado Group, Inc. $ 21,430 $ 17,255
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:    
Change in contingent consideration (13,627) 0
Depreciation and amortization 7,937 6,495
Transactional losses 443 287
Provision for inventories and accounts receivable 1,285 1,113
Deferred income taxes (2,415) (2,363)
Stock-based compensation 3,082 2,823
Other (106) 0
Changes in assets and liabilities:    
Trade receivables (11,198) (4,253)
Inventories (37,479) (25,415)
Other current assets (3,689) (9,558)
Accounts payable 12,811 10,955
Accrued liabilities 447 8,613
Accrued payroll and benefits (11,370) (6,479)
Income taxes payable 77 4,074
Other non-current assets (666) (1,319)
Other non-current liabilities 444 1,903
Net cash (used in)/provided by operating activities (32,594) 4,131
Cash flows from investing activities:    
Capital expenditures (6,948) (5,060)
Trademarks and other intangibles (99) (217)
Net cash used in investing activities (7,047) (5,277)
Cash flows from financing activities:    
Repayments of bank borrowings 0 (25,000)
Stock awards and options exercised and other changes (1,234) 4,825
Stock repurchase (4,199) (2,057)
Dividends paid (9,196) (9,229)
Net cash used in financing activities (14,629) (31,461)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (751) (6,621)
Net decrease in cash, cash equivalents and restricted cash (55,021) (39,228)
Cash, cash equivalents and restricted cash at beginning of year 190,459 215,411
Cash, cash equivalents and restricted cash at end of period 135,438 176,183
Reconciliation of cash, cash equivalents, and restricted cash:    
Cash and cash equivalents 134,890 175,583
Restricted cash included in other non-current assets 548 600
Cash, cash equivalents and restricted cash at end of period $ 135,438 $ 176,183