XML 18 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jul. 31, 2012
Jan. 31, 2012
Jul. 31, 2011
CURRENT ASSETS      
Cash and cash equivalents $ 22,653 $ 24,660 $ 8,566
Accounts receivable, net of allowance for doubtful accounts and sales discounts of $28,747, $25,011 and $34,436, respectively 184,816 162,510 171,541
Inventories 336,389 253,521 322,387
Prepaid income taxes 468   3,307
Deferred income taxes, net 9,559 9,559 10,035
Prepaid expenses and other current assets 27,075 14,528 24,744
Total current assets 580,960 464,778 540,580
INVESTMENT IN JOINT VENTURE 2,236 2,419 2,065
PROPERTY AND EQUIPMENT, NET 34,110 33,365 27,647
DEFERRED INCOME TAXES, NET     1,803
OTHER ASSETS 1,706 1,830 2,168
INTANGIBLES, NET 17,231 17,611 18,032
GOODWILL 26,100 26,100 26,100
Total assets 662,343 546,103 618,395
CURRENT LIABILITIES      
Notes payable 87,007 30,050 141,974
Income taxes payable   6,212  
Accounts payable 171,374 96,727 138,089
Accrued expenses 25,435 43,530 20,086
Total current liabilities 283,816 176,519 300,149
DEFERRED INCOME TAXES, NET 1,289 1,289  
DUE TO NONCONTROLLING SHAREHOLDER 1,568    
OTHER NON-CURRENT LIABILITIES 11,498 10,323 8,567
TOTAL LIABILITIES 298,171 188,131 308,716
STOCKHOLDERS' EQUITY      
Preferred stock; 1,000,000 shares authorized; No shares issued and outstanding         
Common stock - $.01 par value; 80,000,000 shares authorized; 20,524,429, 20,255,972 and 20,279,132 shares issued 205 203 202
Additional paid-in capital 165,749 160,102 157,513
Accumulated other comprehensive (loss) income (51) 4 (53)
Retained earnings 202,076 201,562 152,987
Common stock held in treasury, at cost - 492,225, 367,225 and 492,225 shares (3,899) (3,899) (970)
Total G-III stockholders' equity 364,080 357,972 309,679
Noncontrolling interest 92    
Total shareholders' equity 364,172 357,972 309,679
Total liabilities and shareholders' equity $ 662,343 $ 546,103 $ 618,395