Equity (Tables)

9 Months Ended

Oct. 31, 2020

The components of equity for the nine months ended October 31, 2020 and 2019 are as follows (in thousands):

			Movado Group, Inc. Shareholders' Equity
	Preferred Stock		Common Stock (1)		Class A Common Stock (2)		Capital in Excess of Par Value			Retained Earnings			Accumulated Other Comprehensive Income			Treasury Stock			Noncontrolling Interest		Total Movado Group, Inc. Shareholders' Equity			Redeemable Noncontrolling Interest
Balance, January 31, 2020	$	—	$	279	$	65	$	208,473		$	455,479		$	85,050		$	(222,809	)	$	707	$	527,244		$	3,165
Net income/(loss) attributable to Movado Group, Inc.											(141,783	)								571		(141,212	)		(556	)
Stock options exercised				2				(2	)								(497	)				(497	)
Supplemental executive retirement plan								69														69
Stock-based compensation expense (4)								4,190														4,190
Net unrealized loss on investments, net of tax benefit of $10														(31	)							(31	)
Amortization of prior service cost, net of tax provision of $12														42								42
Foreign currency translation adjustment (3)														818						35		853			163
Balance, October 31, 2020	$	—	$	281	$	65	$	212,730		$	313,696		$	85,879		$	(223,306	)	$	1,313	$	390,658		$	2,772

	Preferred Stock		Common Stock (1)		Class A Common Stock (2)		Capital in Excess of Par Value			Retained Earnings			Accumulated Other Comprehensive Income			Treasury Stock			Noncontrolling Interest		Total Movado Group, Inc. Shareholders' Equity			Redeemable Noncontrolling Interest
Balance, January 31, 2019	$	—	$	277	$	65	$	201,814		$	431,180		$	80,507		$	(217,188	)	$	—	$	496,655		$	3,721
Net income/(loss) attributable to Movado Group, Inc.											39,195											39,195			(349	)
Dividends ($0.60 per share)											(13,796	)										(13,796	)
Stock repurchase																	(4,199	)				(4,199	)
Stock options exercised				2				154									(1,405	)				(1,249	)
Supplemental executive retirement plan								99														99
Stock-based compensation expense								4,658														4,658
Amortization of prior service cost, net of tax provision of $11														39								39
Foreign currency translation adjustment (3)														(721	)							(721	)		(109	)
Balance, October 31, 2019	$	—	$	279	$	65	$	206,725		$	456,579		$	79,825		$	(222,792	)	$	—	$	520,681		$	3,263

(1)	Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.

(2)

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.

(3)	The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.

(4)	Includes $0.4 million related to the Restructuring Plan of the corporate initiatives.