CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jan. 31, 2020		Jan. 31, 2019
Current assets:
Cash and cash equivalents		$ 185,872		$ 189,911
Trade receivables, net		78,388		84,026
Inventories		171,406		165,311
Other current assets		28,888		28,898
Total current assets		464,554		468,146
Property, plant and equipment, net		29,238		26,067
Operating lease right-of-use assets		89,523		0
Deferred and non-current income taxes		25,403		24,503
Goodwill		136,366		136,033
Other intangibles, net		42,359		48,183
Other non-current assets		59,865		56,769
Total assets		847,308	[1],[2]	759,701
Current liabilities:
Accounts payable		35,488		38,650
Accrued liabilities		44,210		44,429
Accrued payroll and benefits		6,302		18,773
Current operating lease liabilities		15,083		0
Income taxes payable		8,217		10,831
Total current liabilities		109,300		112,683
Loans payable to bank		51,910		50,280
Deferred and non-current income taxes payable		25,419		29,242
Non-current operating lease liabilities		81,877		0
Other non-current liabilities		48,393		67,120
Total liabilities		316,899		259,325
Commitments and contingencies (Note 9)		0		0
Redeemable noncontrolling interest		3,165		3,721
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued		0		0
Capital in excess of par value		208,473		201,814
Retained earnings		455,479		431,180
Accumulated other comprehensive income		85,050		80,507
Treasury Stock, 11,443,308 and 11,268,492 shares, respectively, at cost		(222,809)		(217,188)
Total Movado Group, Inc. shareholders' equity		526,537		496,655
Noncontrolling interest		707		0
Total equity		527,244		496,655
Total liabilities, redeemable noncontrolling interest and equity		847,308		759,701
Common Stock Class Undefined
Equity:
Common Stock		279		277
Total equity	[3]	279		277
Class A Common Stock
Equity:
Common Stock		65		65
Total equity	[4]	$ 65		$ 65

[1] Total assets at January 31, 2020 include $49.7 million and $39.8 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).

[2] Total assets at January 31, 2020 include $64.6 million and $24.9 million of operating lease right-of-use assets within United States and International locations, respectively, recorded as a result of the Company’s adoption of ASU 2016-02 on February 1, 2019 (see Note 10 - Leases).

[3] Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.

[4] 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.