SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2025

SIGNIFICANT ACCOUNTING POLICIES

Schedule of reconciliation between basic and diluted net income per share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income (loss) per share:

	Year Ended January 31,
	2025		2024		2023
	(In thousands, except share and per share amounts)
Net income (loss) attributable to G-III Apparel Group, Ltd.	$	193,566	$	176,168	$	(133,061)
Basic net income (loss) per share:
Basic common shares		44,450		45,859		47,653
Basic net income (loss) per share	$	4.35	$	3.84	$	(2.79)
Diluted net income (loss) per share:
Basic common shares		44,450		45,859		47,653
Dilutive restricted stock unit awards and stock options		1,666		1,141		—
Diluted common shares		46,116		47,000		47,653
Diluted net income (loss) per share	$	4.20	$	3.75	$	(2.79)

Schedule of carrying values and estimated fair values of debt instruments

The following table summarizes the carrying values and the estimated fair values of the Company’s debt instruments:

		Carrying Value				Fair Value
		January 31,		January 31,		January 31,		January 31,
Financial Instrument	Level	2025		2024		2025		2024
		(In thousands)
Secured Notes	1	$	—	$	400,000	$	—	$	401,080
Unsecured loans	2		6,159		8,791		6,159		8,791
Overdraft facilities	2		—		2,651		—		2,651
Foreign credit facilities	2		—		8,939		—		8,939