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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2023
Jul. 31, 2022
Jul. 31, 2023
Jul. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)        
Net sales $ 659,761 $ 605,244 $ 1,266,350 $ 1,294,001
Cost of goods sold 383,108 376,318 739,897 819,036
Gross profit 276,653 228,926 526,453 474,965
Selling, general and administrative expenses 239,207 191,012 467,168 376,420
Depreciation and amortization 5,959 6,656 12,535 12,751
Operating profit (loss) 31,487 31,258 46,750 85,794
Other income 192 30,325 1,165 27,618
Interest and financing charges, net (9,492) (12,550) (21,642) (24,753)
Income (loss) before income taxes 22,187 49,033 26,273 88,659
Income tax expense (benefit) 5,951 12,968 6,896 21,968
Net income (loss) 16,236 36,065 19,377 66,691
Less: Loss attributable to noncontrolling interests (202) (254) (297) (262)
Net income (loss) attributable to G-III Apparel Group, Ltd. $ 16,438 $ 36,319 $ 19,674 $ 66,953
Basic:        
Net income (loss) per common share $ 0.36 $ 0.76 $ 0.43 $ 1.39
Weighted average number of shares outstanding (in shares) 45,714 47,999 45,996 48,007
Diluted:        
Net income (loss) per common share $ 0.35 $ 0.74 $ 0.42 $ 1.36
Weighted average number of shares outstanding (in shares) 46,570 49,019 46,992 49,061
Other comprehensive loss:        
Foreign currency translation adjustments $ 2,359 $ 2,493 $ 7,074 $ (1,637)
Other comprehensive loss 2,359 2,493 7,074 (1,637)
Comprehensive income (loss) 18,595 38,558 26,451 65,054
Comprehensive loss attributable to noncontrolling interests:        
Net loss (202) (254) (297) (262)
Foreign currency translation adjustments (26) (62) (24) (60)
Comprehensive loss attributable to noncontrolling interests (228) (316) (321) (322)
Comprehensive income (loss) attributable to G-III Apparel Group, Ltd. $ 18,367 $ 38,242 $ 26,130 $ 64,732