CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Jan. 31, 2021		Jan. 31, 2020
Current assets:
Cash and cash equivalents		$ 223,811		$ 185,872
Trade receivables, net		76,931		78,388
Inventories		152,580		171,406
Other current assets		23,479		27,000
Income taxes receivable		24,850		1,888
Total current assets		501,651		464,554
Property, plant and equipment, net		22,349		29,238
Operating lease right-of-use assets		76,070		89,523
Deferred and non-current income taxes		42,507		25,403
Goodwill		0		136,366
Other intangibles, net		17,081		42,359
Other non-current assets		59,599		59,865
Total assets		719,257	[1],[2]	847,308
Current liabilities:
Accounts payable		28,187		35,488
Accrued liabilities		51,124		44,210
Accrued payroll and benefits		18,047		6,302
Current operating lease liabilities		15,861		15,083
Income taxes payable		14,452		8,217
Total current liabilities		127,671		109,300
Loans payable to bank		21,230		51,910
Deferred and non-current income taxes payable		21,895		25,419
Non-current operating lease liabilities		68,412		81,877
Other non-current liabilities		50,115		48,393
Total liabilities		289,323		316,899
Commitments and contingencies (Note 12)		0		0
Redeemable noncontrolling interest		2,600		3,165
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued		0		0
Capital in excess of par value		214,043		208,473
Retained earnings		341,641		455,479
Accumulated other comprehensive income		92,540		85,050
Treasury Stock, 11,492,591 and 11,443,308 shares, respectively, at cost		(223,306)		(222,809)
Total Movado Group, Inc. shareholders' equity		425,264		526,537
Noncontrolling interest		2,070		707
Total equity		427,334		527,244
Total liabilities, redeemable noncontrolling interest and equity		719,257		847,308
Common Stock Class Undefined
Equity:
Common Stock		281		279
Total equity	[3]	281		279
Class A Common Stock
Equity:
Common Stock		65		65
Total equity	[4]	$ 65		$ 65

[1] The decrease in total assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets within the Watch and Accessory Brands segment (see Note 6 – Goodwill and Intangible Assets).   

[2] The decrease in the United States total assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at January 31, 2021 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million (see Note 6 – Goodwill and Intangible Assets).  

[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.