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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2023
Oct. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)        
Net sales $ 1,067,110 $ 1,078,299 $ 2,333,460 $ 2,372,300
Cost of goods sold 633,697 733,672 1,373,594 1,552,708
Gross profit 433,413 344,627 959,866 819,592
Selling, general and administrative expenses 236,308 239,893 703,476 616,351
Depreciation and amortization 6,595 7,270 19,130 20,021
Asset impairments and gain on lease terminations 222 250 222 212
Operating profit (loss) 190,288 97,214 237,038 183,008
Other income (3,129) (2,795) (1,964) 24,823
Interest and financing charges, net (11,024) (16,052) (32,666) (40,805)
Income (loss) before income taxes 176,135 78,367 202,408 167,026
Income tax expense (benefit) 48,755 17,521 55,651 39,489
Net income (loss) 127,380 60,846 146,757 127,537
Less: Loss attributable to noncontrolling interests (260) (257) (557) (519)
Net income (loss) attributable to G-III Apparel Group, Ltd. $ 127,640 $ 61,103 $ 147,314 $ 128,056
Basic:        
Net income (loss) per common share $ 2.79 $ 1.29 $ 3.21 $ 2.68
Weighted average number of shares outstanding (in shares) 45,723 47,488 45,904 47,832
Diluted:        
Net income (loss) per common share $ 2.74 $ 1.26 $ 3.13 $ 2.62
Weighted average number of shares outstanding (in shares) 46,560 48,475 46,992 48,866
Other comprehensive loss:        
Foreign currency translation adjustments $ (11,391) $ (26,473) $ (4,317) $ (28,111)
Other comprehensive loss (11,391) (26,473) (4,317) (28,111)
Comprehensive income (loss) 115,989 34,373 142,440 99,426
Comprehensive loss attributable to noncontrolling interests:        
Net loss (260) (257) (557) (519)
Foreign currency translation adjustments (1) (45) (25) (104)
Comprehensive loss attributable to noncontrolling interests (261) (302) (582) (623)
Comprehensive income (loss) attributable to G-III Apparel Group, Ltd. $ 115,728 $ 34,071 $ 141,858 $ 98,803