Movado (MOV) 10-Q 23 Nov 21 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2021	Nov. 18, 2021
Document Type	10-Q
Amendment Flag	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Oct. 31, 2021
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Trading Symbol	MOV
Entity Registrant Name	MOVADO GROUP, INC.
Entity Central Index Key	0000072573
Current Fiscal Year End Date	--01-31
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity File Number	1-16497
Entity Tax Identification Number	13-2595932
Entity Address, Address Line One	650 From Road
Entity Address, Address Line Two	Ste. 375
Entity Address, City or Town	Paramus
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07652-3556
City Area Code	201
Local Phone Number	267-8000
Document Quarterly Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	NY
Entity Interactive Data Current	Yes
Title of 12(b) Security	Common Stock, par value $0.01 per share
Security Exchange Name	NYSE
Common Stock Class Undefined
Entity Common Stock, Shares Outstanding		16,377,425
Class A Common Stock
Entity Common Stock, Shares Outstanding		6,536,960

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands		Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Current assets:
Cash and cash equivalents		$ 201,814	$ 223,811	$ 163,218
Trade receivables, net		136,373	76,931	103,506
Inventories		170,714	152,580	176,841
Other current assets		20,151	23,479	24,014
Income taxes receivable		7,099	24,850	4,014
Total current assets		536,151	501,651	471,593
Property, plant and equipment, net		19,365	22,349	24,002
Operating lease right-of-use assets		68,669	76,070	77,932
Deferred and non-current income taxes		41,687	42,507	54,748
Other intangibles, net		14,511	17,081	17,123
Other non-current assets		60,634	59,599	56,380
Total assets		741,017	719,257	701,778
Current liabilities:
Accounts payable		29,473	28,187	35,562
Accrued liabilities		69,975	51,124	59,612
Accrued payroll and benefits		19,798	18,047	12,693
Current operating lease liabilities		13,853	15,861	14,210
Income taxes payable		11,936	14,452	11,275
Total current liabilities		145,035	127,671	133,352
Loans payable to bank			21,230	37,266
Deferred and non-current income taxes payable		20,354	21,895	20,893
Non-current operating lease liabilities		62,853	68,412	71,658
Other non-current liabilities		53,212	50,115	45,179
Total liabilities		281,454	289,323	308,348
Commitments and contingencies (Note 11)
Redeemable noncontrolling interest		2,445	2,600	2,772
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued		0	0	0
Capital in excess of par value		220,294	214,043	212,730
Retained earnings		387,959	341,641	313,696
Accumulated other comprehensive income		87,730	92,540	85,879
Treasury Stock, 12,095,713, 11,492,591 and 11,492,591 shares, respectively, at cost		(241,983)	(223,306)	(223,306)
Total Movado Group, Inc. shareholders' equity		454,349	425,264	389,345
Noncontrolling interest			2,070	1,313
Total equity		457,118	427,334	390,658
Total liabilities, redeemable noncontrolling interest and equity		741,017	719,257	701,778
Common Stock Class Undefined
Equity:
Common Stock		284	281	281
Total equity	[1]	284	281	281
Class A Common Stock
Equity:
Common Stock		65	65	65
Total equity	[2]	$ 65	$ 65	$ 65
[1]	Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[2]	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.

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (PARENTHETICAL) - $ / shares	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Preferred Stock, par value	$ 0.01	$ 0.01	$ 0.01
Preferred Stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred Stock, shares issued	0	0	0
Treasury Stock, shares	12,095,713	11,492,591	11,492,591
Common Stock Class Undefined
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	100,000,000	100,000,000	100,000,000
Common Stock, shares issued	28,478,373	28,078,241	28,077,806
Common Stock, shares outstanding	28,478,373	28,078,241	28,077,806
Class A Common Stock
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000	30,000,000
Common Stock, shares issued	6,536,960	6,610,509	6,608,548
Common Stock, shares outstanding	6,536,960	6,610,509	6,608,548

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021		Oct. 31, 2020
Income Statement [Abstract]
Net sales		$ 217,746	$ 169,863	$ 526,418		$ 328,067
Cost of sales		92,172	77,410	228,189		158,365
Gross profit		125,574	92,453	298,229		169,702
Selling, general and administrative		84,171	69,386	218,937		181,795
Impairment of goodwill and intangible assets (Note 6)		0	0	0		155,919
Total operating expenses		84,171	69,386	218,937		337,714
Operating income/(loss)	[1],[2]	41,403	23,067	79,292	[3]	(168,012)	[3]
Non-operating income/(expense):
Other income		86	8	443		31
Gain on sale of a non-operating asset		0	0	0		1,317
Interest expense		(133)	(608)	(582)		(1,469)
Income/(loss) before income taxes		41,356	22,467	79,153		(168,133)
Provision/(benefit) for income taxes (Note 12)		9,561	7,524	18,206		(26,365)
Net income/(loss)		31,795	14,943	60,947		(141,768)
Less: Net income attributable to noncontrolling interests		390	118	723		15
Net income/(loss) attributable to Movado Group, Inc.		$ 31,405	$ 14,825	$ 60,224		$ (141,783)
Basic income/(loss) per share:
Weighted basic average shares outstanding		23,095	23,285	23,248		23,223
Net income/(loss) per share attributable to Movado Group, Inc.		$ 1.36	$ 0.64	$ 2.59		$ (6.11)
Diluted income/(loss) per share:
Weighted diluted average shares outstanding		23,600	23,375	23,679		23,223
Net income/(loss) per share attributable to Movado Group, Inc.		$ 1.33	$ 0.63	$ 2.54		$ (6.11)
[1]	For the three months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $ 0.6 million and $ 0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. For the nine months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 11.9 million and $ 3.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, in the United States locations of the Watch and Accessory Brands segment, operating income/(loss) included a charge of $ 0.1 million, $ 0.5 million, $ 0.3 million and $ 1.5 million, respectively, related to the amortization of intangible assets and the MVMT brand's deferred compensation. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, operating income/(loss) included a charge of $ 0.7 million, $ 0.6 million, $ 2.1 and $ 2.0 million, respectively, related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2020, operating loss included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 31,795	$ 14,943	$ 60,947	$ (141,768)
Other comprehensive income/(loss):
Net unrealized gain/(loss) on investments, net of tax provision/(benefit) of $5, $1, $13 and $(10), respectively	14	1	39	(31)
Amortization of prior service cost, net of tax provision of $4, $4, $12 and $12, respectively	14	14	43	42
Foreign currency translation adjustments	(2,784)	(245)	(4,892)	818
Total other comprehensive (loss)/income, net of taxes	(2,756)	(230)	(4,810)	829
Comprehensive income/(loss) attributable to noncontrolling interests:
Net income	390	118	723	15
Foreign currency translation adjustments	(11)	(58)	(179)	198
Total comprehensive income/(loss) attributable to noncontrolling interests	379	60	544	213
Total comprehensive income/(loss) attributable to Movado Group, Inc.	$ 28,660	$ 14,653	$ 55,593	$ (141,152)

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (PARENTHETICAL) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Statement of Comprehensive Income [Abstract]
Net unrealized gain/(loss) on investments, tax provision/(benefit)	$ (5)	$ 1	$ 13	$ (10)
Amortization of prior service cost, tax provision	$ 4	$ 4	$ 12	$ 12

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Cash flows from operating activities:
Net income/(loss) attributable to Movado Group, Inc.	$ 60,224	$ (141,783)
Adjustments to reconcile net (loss)/income to net cash used in operating activities:
Impairment of goodwill and intangible assets	0	155,919
Non-cash corporate initiatives	0	6,685
Gain on sale of a non-operating asset	0	(1,317)
Depreciation and amortization	9,401	10,546
Transactional (gains)/losses	(277)	231
Provision for inventories and accounts receivable	3,557	2,066
Deferred income taxes	909	(31,536)
Stock-based compensation	3,965	3,848
Other	957	306
Changes in assets and liabilities:
Trade receivables	(62,393)	(26,835)
Inventories	(23,755)	(7,073)
Other current assets	4,962	(821)
Accounts payable	2,033	40
Accrued liabilities	22,581	15,929
Accrued payroll and benefits	1,866	6,124
Income taxes receivable	17,216	0
Income taxes payable	(3,479)	516
Other non-current assets	637	(347)
Other non-current liabilities	290	796
Net cash provided by/(used in) operating activities	38,694	(6,706)
Cash flows from investing activities:
Capital expenditures	(3,637)	(2,428)
Long-term investments	(1,100)	0
Proceeds from sale of a non-operating asset	0	1,317
Trademarks and other intangibles	(193)	(118)
Net cash used in investing activities	(4,930)	(1,229)
Cash flows from financing activities:
Repayment of bank borrowings	(21,140)	(47,699)
Proceeds from bank borrowings	0	30,879
Stock repurchase	(17,023)	0
Dividends paid	(16,226)	0
Stock awards and options exercised and other changes	496	(497)
Debt issuance cost	(99)	(300)
Net cash used in financing activities	(53,992)	(17,617)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(1,786)	2,926
Net decrease in cash, cash equivalents and restricted cash	(22,014)	(22,626)
Cash, cash equivalents, and restricted cash at beginning of year	224,423	186,438
Cash, cash equivalents, and restricted cash at end of period	202,409	163,812
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	201,814	163,218
Restricted cash included in other non-current assets	595	594
Cash, cash equivalents, and restricted cash at end of period	$ 202,409	$ 163,812

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	NOTE 1 – BASIS OF PRESENTATION The accompanying interim unaudited Consolidated Financial Statements have been prepared by Movado Group, Inc. (the “Company”), in a manner consistent with that used in the preparation of the annual audited Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2021 (the “2021 Annual Report on Form 10-K”). The unaudited Consolidated Financial Statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which require the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the unaudited Consolidated Financial Statements and the reported amounts of revenues and expenses during the periods reported. Actual results could differ from those estimates. In the opinion of management, the accompanying unaudited Consolidated Financial Statements reflect all adjustments, consisting of only normal and recurring adjustments, necessary for a fair statement of the financial position and results of operations for the periods presented. The consolidated balance sheet data at January 31, 2021 is derived from the audited annual financial statements, which are included in the Company’s 2021 Annual Report on Form 10-K and should be read in connection with these interim unaudited financial statements. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the full year.

Impact of the COVID-19 Pandemic

Impact of the COVID-19 Pandemic	9 Months Ended
	Oct. 31, 2021
Unusual or Infrequent Items, or Both [Abstract]
Impact of the COVID-19 Pandemic	NOTE 2 – IMPACT OF THE COVID-19 PANDEMIC The COVID-19 pandemic and related public health measures materially impacted the Company’s operating results for the fiscal year ended January 31, 2021 and continue to materially affect how the Company and its customers and suppliers operate their businesses. In response to the pandemic, in the first quarter of fiscal 2021 government authorities began to mandate various restrictions, including travel restrictions, quarantines and other social distancing requirements. In mid-March 2020, the Company and the majority of the Company’s wholesale customers temporarily closed all of their retail stores due to health concerns associated with COVID-19. The impact of these closures was partially offset by strong growth in e-commerce sales, by both the Company and many of its retail customers. During fiscal 2021, the Company further responded to the pandemic by taking actions to enhance its financial liquidity and flexibility, including minimizing non-essential operating expenses and capital expenditures, applying for available government payroll subsidies, and temporarily suspending the Company’s share repurchase program and regular quarterly dividends. The Company also committed to a restructuring plan (the “Restructuring Plan”) on June 29, 2020 (see Note 5 – Restructuring Provision for further discussion). Although the Company reopened all of its retail stores during the second quarter of fiscal 2021 and most of the Company’s brick and mortar wholesale customers have reopened the vast majority of their retail locations as well, the discretionary consumer goods segment remains challenged at brick-and-mortar retail locations in many regions and supply chains and shipping operations continue to be impacted by the pandemic. In addition, during the 2021 fiscal year and continuing through the third quarter of fiscal 2022, the Company has implemented remote work policies and employed additional safety measures for on-site work. These policies and measures have caused strain for, and may have adversely impacted the productivity of, certain employees. Although the full magnitude of the effects on the Company’s business is difficult to predict at this time, the COVID-19 pandemic is expected to continue to impact the Company’s results of operations for the foreseeable future. In addition to unpredictable regional resurgences of COVID-19 cases which often result in the reimposition or tightening of containment and mitigation measures, the ongoing economic impacts and health concerns associated with the pandemic will likely continue to affect supply chains, shipping operations, consumer behavior, spending levels, shopping preferences and tourism. Nevertheless, the pandemic’s adverse impact on the Company has significantly diminished in recent quarters and the Company believes that based on the Company’s current expectations, cash flows from operations and its credit lines and cash on-hand, the Company has adequate funds to support its operating, capital and debt service requirements and expects to maintain compliance with its debt covenants for the next twelve months subsequent to the issuance of these financial statements. The Company evaluates its long-lived assets, operating lease right of use assets, goodwill and intangible assets for indicators of impairment at least annually in the fourth quarter of each fiscal year or whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Given the substantial reduction in the Company’s sales and the reduced cash flow projections as a result of closures of the Company’s retail stores and those of its wholesale customers due to the COVID-19 pandemic, as well as the significant decline in the Company’s market capitalization, the Company determined that a triggering event occurred during the first quarter of fiscal 2021 and that an impairment assessment was warranted for goodwill and intangible assets. This analysis resulted in impairment charges related to goodwill of $ 133.7 million and intangible assets of $ 22.2 million in the first quarter of fiscal 2021. See Note 6 – Goodwill and Intangible Assets – for a further discussion of these impairments.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2021
Accounting Changes and Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 3 – RECENT ACCOUNTING PRONOUNCEMENTS In March 2020, the FASB issued ASU 2020-04, “Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting”. This guidance provides practical expedients for contract modifications and certain hedging relationships associated with the transition from reference rates that are expected to be discontinued. This guidance is applicable for the Company’s borrowing instruments, which use LIBOR as a reference rate, and is effective immediately, but is only available through December 31, 2022. The Company is evaluating the optional expedients and exceptions in the guidance and while transition from LIBOR could have an adverse impact on the market for or value of any LIBOR-linked securities, loans, derivatives or other financial instruments or extensions held by or due, the Company does not expect such nor the adoption of this standard to have a material impact on its Consolidated Financial Statements.

Earnings Per Share and Cash Div

Earnings Per Share and Cash Dividends	9 Months Ended
	Oct. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share and Cash Dividends	NOTE 4 – EARNINGS PER SHARE AND CASH DIVIDENDS The Company presents net income/(loss) attributable to Movado Group, Inc. after adjusting for noncontrolling interests, as applicable, per share on a basic and diluted basis. Basic earnings per share is computed using weighted-average shares outstanding during the period. Diluted earnings per share is computed using the weighted-average number of shares outstanding adjusted for dilutive common stock equivalents. The number of shares used in calculating basic and diluted earnings (loss) per share is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2021 2020 2021 2020 Weighted average common shares outstanding: Basic 23,095 23,285 23,248 23,223 Effect of dilutive securities: Stock awards and options to purchase shares of 505 90 431 — Diluted 23,600 23,375 23,679 23,223 For the three months ended October 31, 2021 and 2020, approximately 269,000 and 889,000 , respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the nine months ended October 31, 2021 and 2020, approximately 406,000 and 815,000 , respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. For the nine months ended October 31, 2020, the Company also had approximately 80,000 stock options outstanding that could potentially dilute earnings per share in future periods that were excluded from the computation of diluted EPS because their effect would have been anti-dilutive given the net loss during the period. On August 26, 2021, the Company declared a quarterly cash dividend of $ 0.20 per share payable on September 22, 2021, to shareholders of record on September 8, 2021 . The total dividend of $ 4.6 million was paid on September 22, 2021 . On May 27, 2021, the Company declared a quarterly cash dividend of $ 0.20 per share payable on June 23, 2021, to shareholders of record on June 9, 2021 . The total dividend of $ 4.7 million was paid on June 23, 2021 . On March 25, 2021, the Company declared a quarterly cash dividend of $ 0.20 per share payable on April 21, 2021, to shareholders of record on April 7, 2021 . The total dividend of $ 4.6 million was paid on April 21, 2021 . In addition, the Company paid a cash dividend on February 5, 2021 in the amount of $ 2.3 million to shareholders of record on January 21, 2021 of $ 0.10 per share. During the first, second and third quarters of fiscal 2021 the Company did no t declare quarterly cash dividends.

Restructuring Provision

Restructuring Provision	9 Months Ended
	Oct. 31, 2021
Restructuring Charges [Abstract]
Restructuring Provision	NOTE 5 – RESTRUCTURING PROVISION On June 29, 2020, the Company committed to a Restructuring Plan as part of the Company’s corporate initiatives to reduce operating expenses and adjust cash flows in light of the ongoing economic challenges resulting from the COVID-19 pandemic and its impact on the Company’s business. The Restructuring Plan was completed during the second quarter of fiscal 2021, although cash severance will be paid over time and such payments continue in the current fiscal year. Of the total $ 12.6 million provision recorded in fiscal 2021, $ 8.3 million has been paid out through the third quarter of fiscal 2022 ($ 6.7 million of which was paid out during fiscal 2021), approximately $ 0.8 million is expected to result in cash payments during the remainder of the current fiscal year and fiscal 2023 with the remaining $ 1.3 million resulting in non-cash use ($ 2.1 million had been used in fiscal 2021). The Company expects annual savings in the range of $ 14 million to $ 16 million in respect of severance and employee-related initiatives and property-related initiatives (the latter being contained within Other in the table below). A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2021 (in thousands): Balance January 31, 2021 Provision Non-Cash Use Cash Payments Balance October 31, 2021 Restructuring Plan: Severance and Employee Related (1) $ 2,378 $ — $ — $ ( 1,580 ) $ 798 Other (2) 51 — ( 36 ) ( 9 ) 6 Other Corporate Initiatives: Severance and Employee Related — — — — — Inventory (3) 407 — ( 45 ) — 362 Accounts receivable (4) 926 — — — 926 Other (2) 19 — — ( 18 ) 1 Total $ 3,781 $ — $ ( 81 ) $ ( 1,607 ) $ 2,093 A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2020 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related $ — $ 7,110 $ — $ ( 3,944 ) $ 3,166 Other (2) — 1,033 ( 315 ) ( 651 ) 67 Other Corporate Initiatives: Severance and Employee Related — 936 — ( 936 ) — Inventory (3) — 3,507 ( 250 ) — 3,257 Accounts receivable (4) — 1,075 — — 1,075 Other — 1,728 ( 1,518 ) ( 182 ) 28 Total $ — $ 15,389 $ ( 2,083 ) $ ( 5,713 ) $ 7,593 The following amounts are included in the Consolidated Balance Sheet at October 31, 2021: (1) $ 0.4 million included in Accrued payroll and benefits and $ 0.4 million included in Capital in excess of par value. (2) Balance included in Accrued liabilities. (3) Reserve included in Inventories. (4) Reserve included in Trade receivables, net. At October 31, 2020, included in Other is approximately a $ 1.5 million write-off related to unrefunded deposits for a canceled global customer event. The corporate initiative costs by operating segment are as follows: For the Three Months Ended October 31, 2020 Provision For the Nine Months Ended October 31, 2020 Provision Watch and Accessory Brands: United States $ 594 $ 11,929 International 187 3,460 Total Watch and Accessory Brands 781 15,389 Total Company Stores — — Total Consolidated $ 781 $ 15,389 Cost of sales $ 43 $ 3,551 Selling, general and administrative 738 11,838 Total $ 781 $ 15,389 There was no provision for restructuring during the first, second and third quarters of fiscal 2022.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	NOTE 6 – GOODWILL AND INTANGIBLE ASSETS The Company performs its annual impairment assessment of goodwill as well as brand intangibles at the beginning of the fourth quarter of each fiscal year or if an event occurs that would more likely than not reduce the fair value below its carrying amount. During the three months ended April 30, 2020, in light of the COVID-19 pandemic that resulted in the closing of the Company’s stores and of the vast majority of the stores of the Company’s wholesale customers (resulting in a decrease in revenues and gross margin), a decrease in customer spending and decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter of fiscal 2021, resulting in the need to perform a quantitative interim impairment assessment over the Company’s Olivia Burton, MVMT and Company Stores’ long-lived assets as well as the Watch and Accessory Brands reporting unit. The Company performed recoverability tests for the long-lived assets of MVMT, Olivia Burton and the Company Stores as of April 30, 2020. The Company concluded that the carrying amounts of the long-lived assets of Olivia Burton and the Company Stores were recoverable, while the long-lived assets of MVMT may not be recoverable. Utilizing a royalty rate to determine discounted projected future cash flows in the valuation of MVMT’s trade name and a discounted cash flow method for the valuation of MVMT’s customer relationships, the Company concluded that the fair values of MVMT’s tradenames and customer relationships did not exceed their carrying values. As a result, the Company recorded impairment charges in the Watch and Accessory Brands segment totaling $ 22.2 million in the first quarter of fiscal 2021, decreasing MVMT’s trade name to $ 2.4 million and MVMT’s customer relationships to zero . After adjusting the carrying value of MVMT’s intangible assets, the Company completed an interim quantitative impairment test of goodwill as of April 30, 2020 in which the Company compared the fair value of the Watch and Accessory Brands reporting unit to its respective carrying value. An impairment test of goodwill was not performed for the Company Stores reporting unit as there was no goodwill at this reporting unit. The fair value estimate for the Watches and Accessory reporting unit was based on the income and market approaches. The discounted cash flow method under the income approach involves estimating the cash flows in a discrete forecast period and a terminal value based on the Gordon Growth Model and discounting at a rate of return that reflects the relative risk of the cash flows. The market approach involves applying valuation multiples to the operating performance of the Watch and Accessory Brands reporting unit derived from comparable publicly traded companies based on the relative historical and projected operations of the reporting unit. The key estimates and assumptions used in the discounted cash flows model included the Company’s discount rate, revenue growth rates, EBIT margins and long-term growth rate. The Company’s assumptions were based on the actual historical performance of the reporting units and took into account the recent severe and continued weakening of operating results as well as the anticipated rate of recovery, and implied risk premiums based on market prices of the Company’s common stock as of the assessment date. The significant estimates in the market approach model included identifying similar companies with comparable business factors such as size, growth, profitability, risk and return on investment and assessing comparable revenue and earnings multiples in estimating the fair value of the reporting unit. The excess of the Watch and Accessory Brands unit’s carrying value over the estimate of the fair value was recorded in the Watch and Accessory Brands segment as the goodwill impairment charge in the first quarter of 2021, totaling $ 133.7 million which resulted in zero goodwill remaining. There were no triggering events during the first nine months of fiscal 2022. The changes in the carrying amount of other intangible assets during the nine months ended October 31, 2021 are as follows (in thousands): Trade names Customer Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2021 $ 10,860 $ 5,168 $ 1,053 $ 17,081 Additions — — 193 193 Amortization ( 1,233 ) ( 1,274 ) ( 192 ) ( 2,699 ) Foreign exchange impact 11 ( 58 ) ( 17 ) ( 64 ) Balance at October 31, 2021 $ 9,638 $ 3,836 $ 1,037 $ 14,511 (1) Other includes fees paid related to trademarks. Amortization expense for intangible assets was $ 0.9 million for both the three months ended October 31, 2021 and 2020, respectively, and $ 2.7 million and $ 3.0 million for the nine months ended October 31, 2021 and 2020, respectively.

Inventories

Inventories	9 Months Ended
	Oct. 31, 2021
Inventory Disclosure [Abstract]
Inventories	NOTE 7 – INVENTORIES Inventories consisted of the following (in thousands): October 31, January 31, October 31, Finished goods $ 129,131 $ 107,246 $ 130,515 Component parts 38,996 40,735 42,438 Work-in-process 2,587 4,599 3,888 $ 170,714 $ 152,580 $ 176,841

Debt and Lines of Credit

Debt and Lines of Credit	9 Months Ended
	Oct. 31, 2021
Debt Disclosure [Abstract]
Debt and Lines of Credit	NOTE 8 – DEBT AND LINES OF CREDIT On October 12, 2018, the Company, together with Movado Group Delaware Holdings Corporation, Movado Retail Group, Inc. and Movado LLC (together with the Company, the “U.S. Borrowers”), each a wholly owned domestic subsidiary of the Company, and Movado Watch Company S.A. and MGI Luxury Group S.A. (collectively, the “Swiss Borrowers” and, together with the U.S. Borrowers, the “Borrowers”), each a wholly owned Swiss subsidiary of the Company, entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A. as administrative agent (in such capacity, the “Agent”). The Credit Agreement amended and restated the Company’s prior credit agreement dated as of January 30, 2015 and extended the maturity of the $ 100.0 million senior secured revolving credit facility (the “Facility”) provided thereunder to October 12, 2023 . The Facility includes a $ 15.0 million letter of credit subfacility, a $ 25.0 million swingline subfacility and a $ 75.0 million sublimit for borrowings by the Swiss Borrowers, with provisions for uncommitted increases to the Facility of up to $ 50.0 million in the aggregate subject to customary terms and conditions. On June 5, 2020, the Company and its lenders entered into an amendment (the “Second Amendment”) to the Credit Agreement effective as of April 30, 2020. Among other things, the Second Amendment provided for temporary relief with respect to the financial maintenance covenants in the Credit Agreement starting April 30, 2020 while also temporarily tightening certain covenants and temporarily increasing the interest rate and commitment fee. These temporary changes to the Credit Agreement ended as a result of the Company’s achievement of certain financial milestones as of and for the periods ending January 31, 2021. In addition, the Second Amendment increased the LIBOR floor for loans under the Credit Agreement from 0 % to 1.00 % and reduced the minimum EBITDA financial covenant level to $ 35.0 million starting with the four-quarter period ending July 31, 2021. Effective October 29, 2021, the Company and its lenders entered into an additional amendment (the "Third Amendment") to the Credit Agreement. Among other things, the Third Amendment extends the maturity of the Facility to October 29, 2026 ; reinstates the 0 % LIBOR floor; reduces the commitment fee at certain leverage ratios; allows the Company to net up to $ 25 million of cash and cash equivalents held in U.S. accounts from total debt for purposes of determining compliance with the leverage ratio financial covenant; and increases the Company's general basket for making investments under the Credit Agreement's operating covenants. As of October 31, 2021, and October 31, 2020, there was zero and $ 37.3 million (of which all but $ 10 million was denominated in Swiss Francs), respectively, in loans outstanding under the Facility. Availability under the Facility was reduced by the aggregate number of letters of credit outstanding, issued in connection with retail and operating facility leases to various landlords and for Canadian payroll to the Royal Bank of Canada, totaling approximately $ 0.3 million at both October 31, 2021 and October 31, 2020. At October 31, 2021, the letters of credit have expiration dates through May 31, 2022 . As of October 31, 2021, and October 31, 2020, availability under the Facility was $ 99.7 million and $ 62.4 million, respectively. The Company had weighted average borrowings under the Facility of zero and $ 44.5 million during the three months ended October 31, 2021 and 2020, respectively, with a weighted average interest rate of 3.75 % during the three months ended October 31, 2020. The Company had weighted average borrowings under the Facility of $ 6.5 million and $ 60.5 million during the nine months ended October 31, 2021 and 2020, respectively, with a weighted average interest rate of 2.79 % and 2.37 % during the nine months ended October 31, 2021 and 2020, respectively. A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of October 31, 2021, and 2020, these lines of credit totaled 6.5 million Swiss Francs for both periods, with a dollar equivalent of $ 7.1 million for both periods. As of October 31, 2021, and 2020, there were no borrowings against these lines. As of October 31, 2021 and 2020, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $ 1.3 million for both periods, in various foreign currencies, of which $ 0.6 million, in both periods, was a restricted deposit as it relates to lease agreements. Cash paid for interest, including unused commitments fees, was $ 0.4 million and $ 1.3 million for the nine-month period ended October 31, 2021 and October 31, 2020, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Oct. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 9 – DERIVATIVE FINANCIAL INSTRUMENTS As of October 31, 2021, the Company’s entire net forward contracts hedging portfolio consisted of 15.7 million Chinese Yuan equivalent, 20.0 million Swiss Francs equivalent, 19.8 million U.S. dollars equivalent, 25.6 million Euros equivalent and 6.9 million British Pounds equivalent with various expiry dates ranging through April 22, 2022 . These forward contracts are not designated as qualified hedges in accordance with ASC 815, Derivatives and Hedging, and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise. Net gains or losses related to these forward contracts are included in cost of sales and selling and general and administrative expenses in the Consolidated Statements of Operations. The cash flows related to these foreign currency contracts are classified in operating activities. See Note 10 – Fair Value Measurements for fair value and presentation in the Consolidated Balance Sheets for derivatives. For the quarter ended October 31, 2021, the Company did no t have any cash flow hedges.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Fair Value Measurements	NOTE 10 – FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Accounting guidance establishes a fair value hierarchy which prioritizes the inputs used in measuring fair value into three broad levels as follows:  Level 1 – Quoted prices in active markets for identical assets or liabilities.  Level 2 – Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly.  Level 3 – Unobservable inputs based on the Company’s assumptions. The guidance requires the use of observable market data if such data is available without undue cost and effort. The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of October 31, 2021 and 2020 and January 31, 2021 (in thousands): Fair Value at October 31, 2021 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 235 $ — $ — $ 235 Short-term investment Other current assets 168 — — 168 SERP assets - employer Other non-current assets 882 — — 882 SERP assets - employee Other non-current assets 47,886 — — 47,886 Defined benefit plan assets Other non-current liabilities — — 28,655 28,655 Hedge derivatives Other current assets — 26 — 26 Total $ 49,171 $ 26 $ 28,655 $ 77,852 Liabilities: SERP liabilities - employee Other non-current liabilities $ 47,886 $ — $ — $ 47,886 Hedge derivatives Accrued liabilities — 74 — 74 Total $ 47,886 $ 74 $ — $ 47,960 Fair Value at January 31, 2021 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 184 $ — $ — $ 184 Short-term investment Other current assets 162 — — 162 SERP assets - employer Other non-current assets 605 — — 605 SERP assets - employee Other non-current assets 46,673 — — 46,673 Defined benefit plan assets Other non-current liabilities — — 25,837 25,837 Total $ 47,624 $ — $ 25,837 $ 73,461 Liabilities: SERP liabilities - employee Other non-current liabilities $ 46,673 $ — $ — $ 46,673 Hedge derivatives Accrued liabilities — 13 — 13 Total $ 46,673 $ 13 $ — $ 46,686 Fair Value at October 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 143 $ — $ — $ 143 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,020 — — 1,020 SERP assets - employee Other non-current assets 42,040 — — 42,040 Defined benefit plan assets Other non-current liabilities — — 25,206 25,206 Total $ 43,359 $ — $ 25,206 $ 68,565 Liabilities: SERP liabilities - employee Other non-current liabilities $ 42,040 $ — $ — $ 42,040 Hedge derivatives Accrued liabilities — 12 — 12 Total $ 42,040 $ 12 $ — $ 42,052 The fair values of the Company’s available-for-sale securities are based on quoted market prices. The fair value of the short-term investment, which is a guaranteed investment certificate, is based on its purchase price plus one half of a percent calculated annually. The assets related to the Company’s defined contribution supplemental executive retirement plan (“SERP”) consist of both employer (employee unvested) and employee assets which are invested in investment funds with fair values calculated based on quoted market prices. The SERP liability represents the Company’s liability to the employees in the plan for their vested balances. The hedge derivatives are entered into by the Company principally to reduce its exposure to Swiss Franc and Euro exchange rate risks. Fair values of the Company’s hedge derivatives are calculated based on quoted foreign exchange rates and quoted interest rates. The carrying amount of debt approximated fair value as of January 31, 2021, and October 31, 2020, due to the availability and floating rate for similar instruments. The Company sponsors a defined benefit pension plan in Switzerland. The plan covers certain international employees and is based on years of service and compensation on a career-average pay basis. The assets within the plan are classified as a Level 3 asset within the fair value hierarchy and consist of an investment in pooled assets and include separate employee accounts that are invested in equity securities, debt securities and real estate. The values of the separate accounts invested are based on values provided by the administrator of the funds that cannot be readily derived from or corroborated by observable market data. The value of the assets is part of the funded status of the defined benefit plan and included in other non-current liabilities in the consolidated balance sheets at October 31, 2021, January 31, 2021 and October 31, 202 0 . There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements. See Note 6 – Goodwill and Intangible Assets for a discussion on the Company’s impairment charges taken in fiscal year 2021 for certain of its nonfinancial assets measured at fair value on a nonrecurring basis due to a change in circumstances that triggered an interim impairment test, and the valuation techniques used to measure the fair value. The most significant unobservable inputs (Level 3) used to estimate the fair values of the Company’s Watch and Accessory Brands unit’s goodwill and MVMT’s intangible assets are discount rates, which was 17.5 % for both. Investments Without Readily Determinable Fair Values From time to time the Company may make minority investments in growth companies in the consumer products sector and other sectors relevant to its business, including certain of the Company's suppliers and customers, as well as in venture capital funds that invest in such companies. During the third quarter of fiscal 2022, the Company invested $ 1.1 million in a privately held company and in venture capital funds (see Note 11 - Commitments and Contingencies for discussion of commitments made related to venture capital funds). The Company will regularly evaluate the carrying value of its investments. There were no adjustments to the original cost value during the three and nine months ended October 31, 2021. The amounts are recorded in Other non-current assets in the Consolidated Balance Sheet at October 31, 2021.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 11 – COMMITMENTS AND CONTINGENCIES The Company has minimum commitments related to the Company’s license agreements and endorsement agreements with brand ambassadors. The Company sources, distributes, advertises and sells watches pursuant to its exclusive license agreements with unaffiliated licensors. Royalty amounts under the license agreements are generally based on a stipulated percentage of revenues, although most of these agreements contain provisions for the payment of minimum annual royalty amounts. The license agreements have various terms, and some have renewal options, provided that minimum sales levels are achieved. Additionally, the license agreements require the Company to pay minimum annual advertising amounts. The Company believes that income tax reserves are adequate; however, amounts asserted by taxing authorities could be greater or less than amounts accrued and reflected in the consolidated balance sheet. Accordingly, the Company could record adjustments to the amounts for federal, state, and foreign liabilities in the future as the Company revises estimates or settles or otherwise resolves the underlying matters. In the ordinary course of business, the Company may take new positions that could increase or decrease unrecognized tax benefits in future periods. In December 2016, U.S. Customs and Border Protection (“U.S. Customs”) issued an audit report concerning the methodology used by the Company to allocate the cost of certain watch styles imported into the U.S. among the component parts of those watches for tariff purposes. The report disputes the reasonableness of the Company’s historical allocation formulas and proposes an alternative methodology that would imply $ 5.1 million in underpaid duties over the five-year period covered by the statute of limitations, plus possible penalties and interest. The Company believes that U.S. Customs’ alternative duty methodology and estimate are not consistent with the Company’s facts and circumstances and is disputing U.S. Customs’ position. Since February 2017, the Company has been providing U.S. Customs with supplemental analyses and information in response to U.S. Customs’ information requests. Most recently, the Company received summonses from U.S. Customs in December 2020 requesting additional information regarding component part costs and the Company’s procedures for allocating the value of imported watches among the component parts. The Company responded to these summonses in January 2021. Although the Company disagrees with U.S. Customs’ position and believes that the information it has provided supports the reasonableness of its historical allocation formulas, it cannot predict with any certainty the outcome of this matter. The Company intends to continue to work with U.S. Customs to reach a mutually satisfactory resolution. The purchase consideration for the MVMT business included two future contingent payments that combined could total up to $ 100 million. Based on updated revenue and EBITDA (as defined in the acquisition agreement) performance expectations during the earn-out period for MVMT, the Company remeasured the contingent consideration to zero at January 31, 2020. From time to time the Company may make minority investments in growth companies in the consumer products sector and other sectors relevant to its business, including certain of the Company's suppliers and customers, as well as in venture capital funds that invest in such companies. During the second quarter of fiscal 2022, the Company committed to invest up to $ 1,000,000 in a venture capital fund that makes investments in securities of portfolio companies whose primary business focus is accelerating innovation in retail and consumer goods. The Company satisfied $ 600,000 in capital calls in respect of this commitment during the third quarter of fiscal 2022. In addition, during the third quarter of fiscal 2022, the Company committed to invest up to $ 10,000,000 in two related venture capital and venture growth funds that make investments in equity and equity-oriented securities of privately held companies in media, entertainment, information technology and technology-related fields, as well as in digital assets. The Company may be called upon to satisfy capital calls in respect of this commitment at any time during a period generally ending ten years after the first capital call, which may be made at any time. Starting in July 2018, the Trump administration announced a series of lists covering thousands of categories of Chinese origin products subject to potential U.S. special tariffs, including watches. U.S. Customs subsequently issued various rulings regarding, among other things, the application of the special tariffs to China-sourced components of watches containing non-Chinese movements. A U.S. Customs ruling effective August 1, 2021 holds that the special tariff does not apply to China-sourced watch cases that are imported as part of a watch containing a non-Chinese movement. Pending greater clarity on the retroactive effect of this ruling, for the time being the Company continues to maintain an accrual for Chinese watch case imports prior to August 1, 2021. The Company is involved in legal proceedings and claims from time to time, in the ordinary course of its business. Legal reserves are recorded in accordance with the accounting guidance for contingencies. Contingencies are inherently unpredictable and it is possible that results of operations, balance sheets or cash flows could be materially and adversely affected in any particular period by unfavorable developments in, or resolution or disposition of, such matters. For those legal proceedings and claims for which the Company believes that it is probable that a reasonably estimable loss may result, the Company records a reserve for the potential loss. For proceedings and claims where the Company believes it is reasonably possible that a loss may result that is materially in excess of amounts accrued for the matter, the Company either discloses an estimate of such possible loss or range of loss or includes a statement that such an estimate cannot be made. As of October 31, 2021, the Company is party to legal proceedings and contingencies, the resolution of which is not expected to materially affect its financial condition, future results of operations beyond the amounts accrued, or cash flows.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 12 – INCOME TAXES On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) which provided economic relief to assist American families and companies during the COVID-19 global pandemic. The CARES Act allowed U.S. net operating losses generated in fiscal 2019, 2020, and 2021 to be carried back up to five years to prior taxable years with a U.S. statutory tax rate of 35.0% and to offset 100 % of regular taxable income in such years (the “CARES Act NOL Carryback Provision”). The Company generated a U.S. net operating loss in fiscal 2021 which was carried back to prior taxable years. The Company recorded an income tax provision of $ 9.6 million and $ 7.5 million for the three months ended October 31, 2021 and 2020, respectively. The effective tax rate was 23.1 % and 33.5 % for the three months ended October 31, 2021 and 2020, respectively. The significant components of the effective tax rate changed primarily due to the U.S. tax on Global Intangible Low-Taxed Income with no related tax credits and excess tax deficiencies related to stock-based compensation, both of which were recognized in the prior year, partially offset by changes in jurisdictional earnings. The Company recorded an income tax provision of $ 18.2 million and an income tax benefit of $ 26.4 million for the nine months ended October 31, 2021 and 2020, respectively. The effective tax rate was 23.0 % and 15.7 % for the nine months ended October 31, 2021 and 2020, respectively. The significant components of the effective tax rate changed primarily due to prior year impairments of the portion of goodwill of the Watch and Accessory Brands reporting unit which is not tax deductible and the recording of valuation allowances on certain foreign deferred tax assets in the current year, partially offset by the CARES Act NOL Carryback Provision in the prior year. At October 31, 2021, the Company had no deferred tax liability for the undistributed foreign earnings of approximately $ 272.4 million because the Company intends to permanently reinvest such earnings in its foreign operations. It is not practicable to estimate the tax liability related to a future distribution of these permanently reinvested foreign earnings.

Equity

Equity	9 Months Ended
	Oct. 31, 2021
Equity [Abstract]
Equity	NOTE 13 – EQUITY The components of equity for the nine months ended October 31, 2021 and 2020 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Preferred Common (1) Class A (2) Capital in of Value Retained Accumulated Treasury Noncontrolling Total Redeemable Balance, January 31, 2021 $ — $ 281 $ 65 $ 214,043 $ 341,641 $ 92,540 $ ( 223,306 ) $ 2,070 $ 427,334 $ 2,600 Net income/(loss) attributable to Movado 60,224 735 60,959 ( 12 ) Dividends ($ 0.60 per share) ( 13,906 ) ( 13,906 ) Stock options exercised 3 2,147 ( 1,654 ) 496 Stock repurchase ( 17,023 ) ( 17,023 ) Supplemental executive retirement plan 139 139 Stock-based compensation expense 3,965 3,965 Net unrealized gain on investments, net 13 39 39 Amortization of prior service cost, net of 12 43 43 Foreign currency translation ( 4,892 ) ( 36 ) ( 4,928 ) ( 143 ) Balance, October 31, 2021 $ — $ 284 $ 65 $ 220,294 $ 387,959 $ 87,730 $ ( 241,983 ) $ 2,769 $ 457,118 $ 2,445 Preferred Common (1) Class A (2) Capital in of Value Retained Accumulated Treasury Noncontrolling Interest Total Redeemable Balance, January 31, 2020 $ — $ 279 $ 65 $ 208,473 $ 455,479 $ 85,050 $ ( 222,809 ) $ 707 $ 527,244 $ 3,165 Net (loss)/income attributable to Movado ( 141,783 ) 571 ( 141,212 ) ( 556 ) Stock options exercised 2 ( 2 ) ( 497 ) ( 497 ) Supplemental executive retirement plan 69 69 Stock-based compensation expense (4) 4,190 4,190 Net unrealized loss on investments, net 10 ( 31 ) ( 31 ) Amortization of prior service cost, net of 12 42 42 Foreign currency translation 818 35 853 163 Balance, October 31, 2020 $ — $ 281 $ 65 $ 212,730 $ 313,696 $ 85,879 $ ( 223,306 ) $ 1,313 $ 390,658 $ 2,772 (1) Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders. (2) 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. (3) The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries. (4) Includes $ 0.4 million related to the Restructuring Plan of the corporate initiatives.

Treasury Stock

Treasury Stock	9 Months Ended
	Oct. 31, 2021
Equity [Abstract]
Treasury Stock	NOTE 14 – TREASURY STOCK On August 29, 2017, the Board approved a share repurchase program under which the Company was authorized to purchase up to $ 50.0 million of its outstanding common stock from time to time. This authorization expired on August 29, 2020 . On March 25, 2021, the Board approved a share repurchase program under which the Company is authorized to purchase up to $ 25.0 million of its outstanding common stock through September 30, 2022, depending on market conditions, share price and other factors. On November 23, 2021, the Board approved a share repurchase program under which the Company is authorized to purchase up to an additional $ 50.0 million of its outstanding common stock through November 23, 2024, depending on market conditions, share price and other factors. Under both share repurchase programs, the Company is permitted to purchase shares of its common stock from time to time through open market purchases, repurchase plans, block trades or otherwise. During the nine months ended October 31, 2021, the Company repurchased a total of 548,402 shares of its common stock under the March 25, 2021 share repurchase program at a total cost of $ 17.0 million, or an average of $ 31.04 per share. During the nine months ended October 31, 2020, the Company did no t repurchase shares of its common stock. At October 31, 2021, $ 8.0 million remains available for purchase under the Company’s March 25, 2021 repurchase program and all $ 50.0 million remains available for purchase under the Company's November 23, 2021 repurchase program. There were 54,720 and 49,283 shares of common stock repurchased during the nine months ended October 31, 2021 and 2020, respectively, as a result of the surrender of shares in connection with the vesting of certain stock awards. At the election of an employee, shares having an aggregate value on the vesting date equal to the employee’s withholding tax obligation may be surrendered to the Company.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Oct. 31, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	NOTE 15 – ACCUMULATED OTHER COMPREHENSIVE INCOME The accumulated balances at October 31, 2021 and 2020, and January 31, 2021, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): October 31, January 31, October 31, Foreign currency translation adjustments $ 88,274 $ 93,166 $ 86,163 Available-for-sale securities 163 124 93 Unrecognized prior service cost related to defined benefit pension plan ( 301 ) ( 344 ) ( 325 ) Net actuarial loss related to defined benefit pension plan ( 406 ) ( 406 ) ( 52 ) Total accumulated other comprehensive income $ 87,730 $ 92,540 $ 85,879

Revenue

Revenue	9 Months Ended
	Oct. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue	NOTE 16 – REVENUE Disaggregation of Revenue The following table presents the Company’s net sales disaggregated by customer type. Sales and usage-based taxes are excluded from net sales (in thousands): For the Three Months Ended For the Nine Months Ended Customer Type 2021 2020 2021 2020 Wholesale $ 178,988 $ 135,605 $ 404,106 $ 248,977 Direct to consumer 37,612 33,508 119,447 77,500 After-sales service 1,146 750 2,865 1,590 Net Sales $ 217,746 $ 169,863 $ 526,418 $ 328,067 The Company’s revenue from contracts with customers is recognized at a point in time. The Company’s net sales disaggregated by geography are based on the location of the Company’s customer (see Note 18 – Segment and Geographic Information). Wholesale Revenue The Company’s wholesale revenue consists primarily of revenues from independent distributors, department stores, chain stores, independent jewelry stores and third-party e-commerce retailers. The Company recognizes and records its revenue when obligations under the terms of a contract with the customer are satisfied, and control is transferred to the customer. Transfer of control passes to wholesale customers upon shipment or upon receipt depending on the agreement with the customer and shipping terms. Wholesale revenue is measured as the amount of consideration the Company ultimately expects to receive in exchange for transferring goods. Wholesale revenue is included entirely within the Watch and Accessory Brands segment (see Note 18 – Segment and Geographic Information), consistent with how management makes decisions regarding the allocation of resources and performance measurement. Direct to Consumer Revenue The Company’s direct to consumer revenue primarily consists of revenues from the Company’s outlet stores, the Company’s owned e-commerce websites, concession stores and consumer repairs. The Company recognizes and records its revenue when obligations under the terms of a contract with the customer are satisfied, and control is transferred to the customer. Control passes to outlet store customers at the time of sale and to substantially all e-commerce upon shipment. Prior to January 1, 2021, the requirements for recognizing revenue for all e-commerce were met upon delivery to the customer. Direct to Consumer revenue is included in either the Watch and Accessory Brands segment or Company Stores Segment based on how the Company makes decisions about the allocation of resources and performance measurement. Revenue derived from outlet stores and related e-commerce is included within the Company Stores Segment. Other Direct to Consumer revenue (i.e., revenue derived from other Company-owned e-commerce websites, concession stores and consumer repairs) is included within the Watch and Accessory Brands segment. (See Note 18 – Segment and Geographic Information). After-Sales Service All watches sold by the Company come with limited warranties covering the movement against defects in materials and workmanship. The Company’s after-sales service revenues consists of out of warranty service provided to customers and authorized third party repair centers, and sale of watch parts. The Company recognizes and records its revenue when obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. After-sales service revenue is measured as the amount of consideration the Company ultimately expects to receive in exchange for transferring goods. Revenue from after sales service, including consumer repairs, is included entirely within the Watch and Accessory Brands segment, consistent with how management makes decisions about the allocation of resources and performance measurement.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Oct. 31, 2021
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	NOTE 17 – STOCK-BASED COMPENSATION Under the Company’s Employee Stock Option Plan, as amended and restated as of April 4, 2013 (the “Plan”), the Compensation Committee of the Board of Directors, which consists of three of the Company’s non-employee directors, has the authority to grant participants incentive stock options, nonqualified stock options, restricted stock, stock appreciation rights and stock awards, for up to 11,000,000 shares of common stock. Stock Options: Stock options granted to participants under the plan generally become exercisable after three years and remain exercisable until the tenth anniversary of the date of grant. All stock options granted under the Plan have an exercise price equal to or greater than the fair market value of the Company’s common stock on the grant date. The table below presents the weighted average assumptions used with the Black-Scholes option-pricing model for the calculation of the fair value of stock options granted during the nine months ended October 31, 2021 and October 31, 2020. Nine Months Ended October 31, 2021 Nine Months Ended October 31, 2020 Expected volatility 51.61 % 50.79 % Expected life in years 6.0 6.0 Risk-free interest rates 0.89 % 0.34 % Dividend rate 2.90 % 4.29 % Weighted average fair value per option at date of grant $ 10.23 $ 3.87 The fair value of the stock options, less expected forfeitures, is amortized on a straight-line basis over the vesting term. Total compensation expense for stock option grants recognized during the three months ended October 31, 2021 and 2020 was $ 0.4 million and $ 0.1 million, respectively. Total compensation expense for stock option grants recognized during the nine months ended October 31, 2021 and 2020 was $ 1.1 million and $ 0.2 million, respectively. As of October 31, 2021, there was $ 3.0 million of unrecognized compensation cost related to unvested stock options. These costs are expected to be recognized over a weighted-average period of 2.2 years. Total consideration received for stock option exercises during the nine months ended October 31, 2021 and 2020 was $ 2.1 million (offset by $ 1.7 million of shares repurchased as a result of the surrender of shares in connection with the vesting of certain stock awards), and zero , respectively. The following table summarizes the Company’s stock options activity during the first nine months of fiscal 2022: Outstanding Weighted Option Weighted Aggregate Options outstanding at January 31, 561,110 options exercisable) 1,111,110 $ 21.90 $ 12.42 -$ 42.12 6.9 $ 2,975 Granted 201,875 $ 27.62 $ 27.62 Exercised ( 88,191 ) $ 24.38 $ 16.87 -$ 30.36 Cancelled — Options outstanding at October 31, 2021 1,224,794 $ 22.66 $ 12.42 -$ 42.12 6.8 $ 13,602 Exercisable at October 31, 2021 484,919 $ 28.86 3.3 $ 2,726 Expected to vest at October 31, 2021 678,324 $ 18.47 9.0 $ 10,058 The fair value of stock options exercised during the first nine months of fiscal 2022 was $ 0.9 million and the intrinsic value was $ 0.8 million. There were no stock options exercised during the first nine months of fiscal 2021. Stock Awards: Under the Plan, the Company can also grant stock awards to employees and directors. For the three months ended October 31, 2021 and 2020, compensation expense for stock awards was $ 0.8 million and $ 1.0 million, respectively. For the nine months ended October 31, 2021 and 2020, compensation expense for stock awards was $ 2.9 million and $ 4.0 million (of which $ 0.4 million is included in the Restructuring Plan of the corporate initiatives), respectively. As of October 31, 2021, there was $ 3.8 million of unrecognized compensation cost related to unvested stock awards. These costs are expected to be recognized over a weighted-average period of 1.9 years. The following table summarizes the Company’s stock awards activity during the first nine months of fiscal 2022: Number of Weighted- Weighted- Aggregate Units outstanding at January 31, 2021 415,994 $ 29.17 Units granted 129,497 $ 27.82 Units vested ( 230,928 ) $ 31.66 Units forfeited ( 5,521 ) $ 29.55 Units outstanding at October 31, 2021 309,042 $ 26.74 1.9 $ 10,291 Outstanding stock awards can be classified as either time-based stock awards or performance-based stock awards. Time-based stock awards vest over time subject to continued employment. Performance-based stock awards vest over time subject both to continued employment and to the achievement of corporate financial performance goals. Upon the vesting of a stock award, shares are issued from the pool of authorized shares. For performance-based stock awards, the number of shares issued related to the performance units granted can vary from 0 % to 150 % of the target number of underlying stock award units, depending on the extent of the achievement of predetermined financial goals. The total fair value of stock award units that vested during the first nine months of fiscal 2022 was $ 7.3 million. The number of shares issued related to the remaining stock awards are established at grant date.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
	Oct. 31, 2021
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 18 – SEGMENT AND GEOGRAPHIC INFORMATION The Company conducts its business in two operating segments: Watch and Accessory Brands and Company Stores. The Company’s Watch and Accessory Brands segment includes the designing, manufacturing and distribution of watches and, to a lesser extent, jewelry and other accessories, of owned and licensed brands, in addition to revenue generated from after-sales service activities and shipping. The Company Stores segment includes the Company’s retail outlet business. The Chief Executive Officer of the Company is the chief operating decision maker (“CODM”) and regularly reviews operating results for each of the two operating segments to assess performance and makes operating decisions about the allocation of the Company’s resources. The Company divides its business into two major geographic locations: United States operations and International, which includes the results of all non-U.S. Company operations. The allocation of geographic revenue is based upon the location of the customer. The Company’s International operations in Europe, the Middle East, the Americas (excluding the United States) and Asia accounted for 39.8 %, 7.6 %, 5.6 % and 4.4 %, respectively, of the Company’s total net sales for the three months ended October 31, 2021. For the three months ended October 31, 2020, the Company’s International operations in Europe, the Middle East, the Americas (excluding the United States) and Asia accounted for 41.9 %, 6.6 %, 6.5 % and 6.4 %, respectively, of the Company’s total net sales. The Company’s International operations in Europe, the Middle East, the Americas (excluding the United States) and Asia accounted for 34.9 %, 8.0 %, 6.0 % and 4.7 %, respectively, of the Company’s total net sales for the nine months ended October 31, 2021. For the nine months ended October 31, 2020, the Company’s International operations in Europe, the Middle East, Asia and the Americas (excluding the United States) accounted for 40.4 %, 7.3 %, 7.0 % and 6.0 %, respectively, of the Company’s total net sales. Operating Segment Data for the Three Months Ended October 31, 2021 and 2020 (in thousands): Net Sales 2021 2020 Watch and Accessory Brands: Owned brands category $ 69,433 $ 55,774 Licensed brands category 122,098 95,576 After-sales service and all other 2,795 758 Total Watch and Accessory Brands 194,326 152,108 Company Stores 23,420 17,755 Consolidated total $ 217,746 $ 169,863 Operating Income (3)(5) 2021 2020 Watch and Accessory Brands $ 34,854 $ 19,810 Company Stores 6,549 3,257 Consolidated total $ 41,403 $ 23,067 Operating Segment Data as of and for the Nine Months Ended October 31, 2021 and 2020 (in thousands): Net Sales 2021 2020 Watch and Accessory Brands: Owned brands category $ 178,706 $ 112,757 Licensed brands category 273,801 177,674 After-sales service and all other 4,277 3,152 Total Watch and Accessory Brands 456,784 293,583 Company Stores 69,634 34,484 Consolidated total $ 526,418 $ 328,067 Operating Income/(Loss) (3)(4)(5) 2021 2020 Watch and Accessory Brands $ 59,357 $ ( 169,756 ) Company Stores 19,935 1,744 Consolidated total $ 79,292 $ ( 168,012 ) Total Assets October 31, January 31, October 31, Watch and Accessory Brands $ 679,112 $ 659,681 $ 640,652 Company Stores 61,905 59,576 61,126 Consolidated total $ 741,017 $ 719,257 $ 701,778 Geographic Location Data for the Three Months Ended October 31, 2021 and 2020 (in thousands): Net Sales Operating Income/(Loss) (3)(5) 2021 2020 2021 2020 United States (1) $ 92,783 $ 65,485 $ 6,996 $ ( 6,684 ) International (2) 124,963 104,378 34,407 29,751 Consolidated total $ 217,746 $ 169,863 $ 41,403 $ 23,067 United States and International net sales are net of intercompany sales of $ 118.7 million and $ 100.5 million for the three months ended October 31, 2021 and 2020, respectively. Geographic Location Data as of and for the Nine Months Ended October 31, 2021 and 2020 (in thousands): Net Sales Operating Income/(Loss) (3)(4)(5) 2021 2020 2021 2020 United States (1) $ 244,163 $ 128,785 $ 16,575 $ ( 140,993 ) International (2) 282,255 199,282 62,717 ( 27,019 ) Consolidated total $ 526,418 $ 328,067 $ 79,292 $ ( 168,012 ) United States and International net sales are net of intercompany sales of $ 279.1 million and $ 172.4 million for the nine months ended October 31, 2021 and 2020, respectively. (1) The United States operating income/(loss) included $ 21.6 million and $ 16.3 million of unallocated corporate expenses for the three months ended October 31, 2021 and 2020, respectively. The United States operating income/(loss) included $ 43.5 million and $ 28.4 million of unallocated corporate expenses for the nine months ended October 31, 2021 and 2020, respectively. (2) The International operating income included $ 28.9 million and $ 23.0 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2021 and 2020, respectively. The International operating income/(loss) included $ 59.7 million and $ 45.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2021 and 2020, respectively. (3) For the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, in the United States locations of the Watch and Accessory Brands segment, operating income/(loss) included a charge of $ 0.1 million, $ 0.5 million, $ 0.3 million and $ 1.5 million, respectively, related to the amortization of intangible assets and the MVMT brand's deferred compensation. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, operating income/(loss) included a charge of $ 0.7 million, $ 0.6 million, $ 2.1 and $ 2.0 million, respectively, related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand. (4) For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2020, operating loss included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (5) For the three months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $ 0.6 million and $ 0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. For the nine months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 11.9 million and $ 3.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. Total Assets October 31, January 31, October 31, United States $ 370,185 $ 352,517 $ 300,351 International 370,832 366,740 401,427 Consolidated total $ 741,017 $ 719,257 $ 701,778 Property, Plant and Equipment, Net October 31, January 31, October 31, United States $ 12,836 $ 14,792 $ 15,884 International 6,529 7,557 8,118 Consolidated total $ 19,365 $ 22,349 $ 24,002

Earnings Per Share and Cash D_2

Earnings Per Share and Cash Dividends (Tables)	9 Months Ended
	Oct. 31, 2021
Earnings Per Share [Abstract]
Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share	The number of shares used in calculating basic and diluted earnings (loss) per share is as follows (in thousands): Three Months Ended October 31, Nine Months Ended October 31, 2021 2020 2021 2020 Weighted average common shares outstanding: Basic 23,095 23,285 23,248 23,223 Effect of dilutive securities: Stock awards and options to purchase shares of 505 90 431 — Diluted 23,600 23,375 23,679 23,223

Restructuring Provision (Tables

Restructuring Provision (Tables)	9 Months Ended
	Oct. 31, 2021
Restructuring Charges [Abstract]
Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan	A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2021 (in thousands): Balance January 31, 2021 Provision Non-Cash Use Cash Payments Balance October 31, 2021 Restructuring Plan: Severance and Employee Related (1) $ 2,378 $ — $ — $ ( 1,580 ) $ 798 Other (2) 51 — ( 36 ) ( 9 ) 6 Other Corporate Initiatives: Severance and Employee Related — — — — — Inventory (3) 407 — ( 45 ) — 362 Accounts receivable (4) 926 — — — 926 Other (2) 19 — — ( 18 ) 1 Total $ 3,781 $ — $ ( 81 ) $ ( 1,607 ) $ 2,093 A summary rollforward of the provision related to the Company’s corporate initiatives, including the provision associated with the Restructuring Plan, is as follows for the nine months ended October 31, 2020 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance October 31, 2020 Restructuring Plan: Severance and Employee Related $ — $ 7,110 $ — $ ( 3,944 ) $ 3,166 Other (2) — 1,033 ( 315 ) ( 651 ) 67 Other Corporate Initiatives: Severance and Employee Related — 936 — ( 936 ) — Inventory (3) — 3,507 ( 250 ) — 3,257 Accounts receivable (4) — 1,075 — — 1,075 Other — 1,728 ( 1,518 ) ( 182 ) 28 Total $ — $ 15,389 $ ( 2,083 ) $ ( 5,713 ) $ 7,593 The following amounts are included in the Consolidated Balance Sheet at October 31, 2021: (1) $ 0.4 million included in Accrued payroll and benefits and $ 0.4 million included in Capital in excess of par value. (2) Balance included in Accrued liabilities. (3) Reserve included in Inventories. (4) Reserve included in Trade receivables, net.
Summary of Corporate Initiative Costs by Operating Segment	The corporate initiative costs by operating segment are as follows: For the Three Months Ended October 31, 2020 Provision For the Nine Months Ended October 31, 2020 Provision Watch and Accessory Brands: United States $ 594 $ 11,929 International 187 3,460 Total Watch and Accessory Brands 781 15,389 Total Company Stores — — Total Consolidated $ 781 $ 15,389 Cost of sales $ 43 $ 3,551 Selling, general and administrative 738 11,838 Total $ 781 $ 15,389

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Oct. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in Carrying Amount of Other Intangible Assets	The changes in the carrying amount of other intangible assets during the nine months ended October 31, 2021 are as follows (in thousands): Trade names Customer Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2021 $ 10,860 $ 5,168 $ 1,053 $ 17,081 Additions — — 193 193 Amortization ( 1,233 ) ( 1,274 ) ( 192 ) ( 2,699 ) Foreign exchange impact 11 ( 58 ) ( 17 ) ( 64 ) Balance at October 31, 2021 $ 9,638 $ 3,836 $ 1,037 $ 14,511 (1) Other includes fees paid related to trademarks.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 31, 2021
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): October 31, January 31, October 31, Finished goods $ 129,131 $ 107,246 $ 130,515 Component parts 38,996 40,735 42,438 Work-in-process 2,587 4,599 3,888 $ 170,714 $ 152,580 $ 176,841

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of October 31, 2021 and 2020 and January 31, 2021 (in thousands): Fair Value at October 31, 2021 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 235 $ — $ — $ 235 Short-term investment Other current assets 168 — — 168 SERP assets - employer Other non-current assets 882 — — 882 SERP assets - employee Other non-current assets 47,886 — — 47,886 Defined benefit plan assets Other non-current liabilities — — 28,655 28,655 Hedge derivatives Other current assets — 26 — 26 Total $ 49,171 $ 26 $ 28,655 $ 77,852 Liabilities: SERP liabilities - employee Other non-current liabilities $ 47,886 $ — $ — $ 47,886 Hedge derivatives Accrued liabilities — 74 — 74 Total $ 47,886 $ 74 $ — $ 47,960 Fair Value at January 31, 2021 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 184 $ — $ — $ 184 Short-term investment Other current assets 162 — — 162 SERP assets - employer Other non-current assets 605 — — 605 SERP assets - employee Other non-current assets 46,673 — — 46,673 Defined benefit plan assets Other non-current liabilities — — 25,837 25,837 Total $ 47,624 $ — $ 25,837 $ 73,461 Liabilities: SERP liabilities - employee Other non-current liabilities $ 46,673 $ — $ — $ 46,673 Hedge derivatives Accrued liabilities — 13 — 13 Total $ 46,673 $ 13 $ — $ 46,686 Fair Value at October 31, 2020 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 143 $ — $ — $ 143 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,020 — — 1,020 SERP assets - employee Other non-current assets 42,040 — — 42,040 Defined benefit plan assets Other non-current liabilities — — 25,206 25,206 Total $ 43,359 $ — $ 25,206 $ 68,565 Liabilities: SERP liabilities - employee Other non-current liabilities $ 42,040 $ — $ — $ 42,040 Hedge derivatives Accrued liabilities — 12 — 12 Total $ 42,040 $ 12 $ — $ 42,052

Equity (Tables)

Equity (Tables)	9 Months Ended
	Oct. 31, 2021
Equity [Abstract]
Components of Equity	The components of equity for the nine months ended October 31, 2021 and 2020 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Preferred Common (1) Class A (2) Capital in of Value Retained Accumulated Treasury Noncontrolling Total Redeemable Balance, January 31, 2021 $ — $ 281 $ 65 $ 214,043 $ 341,641 $ 92,540 $ ( 223,306 ) $ 2,070 $ 427,334 $ 2,600 Net income/(loss) attributable to Movado 60,224 735 60,959 ( 12 ) Dividends ($ 0.60 per share) ( 13,906 ) ( 13,906 ) Stock options exercised 3 2,147 ( 1,654 ) 496 Stock repurchase ( 17,023 ) ( 17,023 ) Supplemental executive retirement plan 139 139 Stock-based compensation expense 3,965 3,965 Net unrealized gain on investments, net 13 39 39 Amortization of prior service cost, net of 12 43 43 Foreign currency translation ( 4,892 ) ( 36 ) ( 4,928 ) ( 143 ) Balance, October 31, 2021 $ — $ 284 $ 65 $ 220,294 $ 387,959 $ 87,730 $ ( 241,983 ) $ 2,769 $ 457,118 $ 2,445 Preferred Common (1) Class A (2) Capital in of Value Retained Accumulated Treasury Noncontrolling Interest Total Redeemable Balance, January 31, 2020 $ — $ 279 $ 65 $ 208,473 $ 455,479 $ 85,050 $ ( 222,809 ) $ 707 $ 527,244 $ 3,165 Net (loss)/income attributable to Movado ( 141,783 ) 571 ( 141,212 ) ( 556 ) Stock options exercised 2 ( 2 ) ( 497 ) ( 497 ) Supplemental executive retirement plan 69 69 Stock-based compensation expense (4) 4,190 4,190 Net unrealized loss on investments, net 10 ( 31 ) ( 31 ) Amortization of prior service cost, net of 12 42 42 Foreign currency translation 818 35 853 163 Balance, October 31, 2020 $ — $ 281 $ 65 $ 212,730 $ 313,696 $ 85,879 $ ( 223,306 ) $ 1,313 $ 390,658 $ 2,772 (1) Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders. (2) 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. (3) The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries. (4) Includes $ 0.4 million related to the Restructuring Plan of the corporate initiatives.

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Oct. 31, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Component of Accumulated Other Comprehensive Income (Loss)	The accumulated balances at October 31, 2021 and 2020, and January 31, 2021, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): October 31, January 31, October 31, Foreign currency translation adjustments $ 88,274 $ 93,166 $ 86,163 Available-for-sale securities 163 124 93 Unrecognized prior service cost related to defined benefit pension plan ( 301 ) ( 344 ) ( 325 ) Net actuarial loss related to defined benefit pension plan ( 406 ) ( 406 ) ( 52 ) Total accumulated other comprehensive income $ 87,730 $ 92,540 $ 85,879

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Oct. 31, 2021
Revenue from Contract with Customer [Abstract]
Summary of Net Sales Disaggregated by Customer Type	The following table presents the Company’s net sales disaggregated by customer type. Sales and usage-based taxes are excluded from net sales (in thousands): For the Three Months Ended For the Nine Months Ended Customer Type 2021 2020 2021 2020 Wholesale $ 178,988 $ 135,605 $ 404,106 $ 248,977 Direct to consumer 37,612 33,508 119,447 77,500 After-sales service 1,146 750 2,865 1,590 Net Sales $ 217,746 $ 169,863 $ 526,418 $ 328,067

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Oct. 31, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Weighted Average Assumptions Used for Calculation of Fair Value of Stock Options Granted	The table below presents the weighted average assumptions used with the Black-Scholes option-pricing model for the calculation of the fair value of stock options granted during the nine months ended October 31, 2021 and October 31, 2020. Nine Months Ended October 31, 2021 Nine Months Ended October 31, 2020 Expected volatility 51.61 % 50.79 % Expected life in years 6.0 6.0 Risk-free interest rates 0.89 % 0.34 % Dividend rate 2.90 % 4.29 % Weighted average fair value per option at date of grant $ 10.23 $ 3.87
Schedule of Stock Options Activity	The following table summarizes the Company’s stock options activity during the first nine months of fiscal 2022: Outstanding Weighted Option Weighted Aggregate Options outstanding at January 31, 561,110 options exercisable) 1,111,110 $ 21.90 $ 12.42 -$ 42.12 6.9 $ 2,975 Granted 201,875 $ 27.62 $ 27.62 Exercised ( 88,191 ) $ 24.38 $ 16.87 -$ 30.36 Cancelled — Options outstanding at October 31, 2021 1,224,794 $ 22.66 $ 12.42 -$ 42.12 6.8 $ 13,602 Exercisable at October 31, 2021 484,919 $ 28.86 3.3 $ 2,726 Expected to vest at October 31, 2021 678,324 $ 18.47 9.0 $ 10,058
Summary of Stock Awards Activity	The following table summarizes the Company’s stock awards activity during the first nine months of fiscal 2022: Number of Weighted- Weighted- Aggregate Units outstanding at January 31, 2021 415,994 $ 29.17 Units granted 129,497 $ 27.82 Units vested ( 230,928 ) $ 31.66 Units forfeited ( 5,521 ) $ 29.55 Units outstanding at October 31, 2021 309,042 $ 26.74 1.9 $ 10,291

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
	Oct. 31, 2021
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data for the Three Months Ended October 31, 2021 and 2020 (in thousands): Net Sales 2021 2020 Watch and Accessory Brands: Owned brands category $ 69,433 $ 55,774 Licensed brands category 122,098 95,576 After-sales service and all other 2,795 758 Total Watch and Accessory Brands 194,326 152,108 Company Stores 23,420 17,755 Consolidated total $ 217,746 $ 169,863 Operating Income (3)(5) 2021 2020 Watch and Accessory Brands $ 34,854 $ 19,810 Company Stores 6,549 3,257 Consolidated total $ 41,403 $ 23,067 Operating Segment Data as of and for the Nine Months Ended October 31, 2021 and 2020 (in thousands): Net Sales 2021 2020 Watch and Accessory Brands: Owned brands category $ 178,706 $ 112,757 Licensed brands category 273,801 177,674 After-sales service and all other 4,277 3,152 Total Watch and Accessory Brands 456,784 293,583 Company Stores 69,634 34,484 Consolidated total $ 526,418 $ 328,067 Operating Income/(Loss) (3)(4)(5) 2021 2020 Watch and Accessory Brands $ 59,357 $ ( 169,756 ) Company Stores 19,935 1,744 Consolidated total $ 79,292 $ ( 168,012 ) Total Assets October 31, January 31, October 31, Watch and Accessory Brands $ 679,112 $ 659,681 $ 640,652 Company Stores 61,905 59,576 61,126 Consolidated total $ 741,017 $ 719,257 $ 701,778
Geographic Segment Data	Geographic Location Data for the Three Months Ended October 31, 2021 and 2020 (in thousands): Net Sales Operating Income/(Loss) (3)(5) 2021 2020 2021 2020 United States (1) $ 92,783 $ 65,485 $ 6,996 $ ( 6,684 ) International (2) 124,963 104,378 34,407 29,751 Consolidated total $ 217,746 $ 169,863 $ 41,403 $ 23,067 United States and International net sales are net of intercompany sales of $ 118.7 million and $ 100.5 million for the three months ended October 31, 2021 and 2020, respectively. Geographic Location Data as of and for the Nine Months Ended October 31, 2021 and 2020 (in thousands): Net Sales Operating Income/(Loss) (3)(4)(5) 2021 2020 2021 2020 United States (1) $ 244,163 $ 128,785 $ 16,575 $ ( 140,993 ) International (2) 282,255 199,282 62,717 ( 27,019 ) Consolidated total $ 526,418 $ 328,067 $ 79,292 $ ( 168,012 ) United States and International net sales are net of intercompany sales of $ 279.1 million and $ 172.4 million for the nine months ended October 31, 2021 and 2020, respectively. (1) The United States operating income/(loss) included $ 21.6 million and $ 16.3 million of unallocated corporate expenses for the three months ended October 31, 2021 and 2020, respectively. The United States operating income/(loss) included $ 43.5 million and $ 28.4 million of unallocated corporate expenses for the nine months ended October 31, 2021 and 2020, respectively. (2) The International operating income included $ 28.9 million and $ 23.0 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2021 and 2020, respectively. The International operating income/(loss) included $ 59.7 million and $ 45.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2021 and 2020, respectively. (3) For the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, in the United States locations of the Watch and Accessory Brands segment, operating income/(loss) included a charge of $ 0.1 million, $ 0.5 million, $ 0.3 million and $ 1.5 million, respectively, related to the amortization of intangible assets and the MVMT brand's deferred compensation. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, operating income/(loss) included a charge of $ 0.7 million, $ 0.6 million, $ 2.1 and $ 2.0 million, respectively, related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand. (4) For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2020, operating loss included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (5) For the three months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $ 0.6 million and $ 0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. For the nine months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 11.9 million and $ 3.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. Total Assets October 31, January 31, October 31, United States $ 370,185 $ 352,517 $ 300,351 International 370,832 366,740 401,427 Consolidated total $ 741,017 $ 719,257 $ 701,778 Property, Plant and Equipment, Net October 31, January 31, October 31, United States $ 12,836 $ 14,792 $ 15,884 International 6,529 7,557 8,118 Consolidated total $ 19,365 $ 22,349 $ 24,002

Impact of the COVID-19 Pandem_2

Impact of the COVID-19 Pandemic - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended
	Apr. 30, 2020	Jan. 31, 2021	Oct. 31, 2020
Unusual Or Infrequent Item [Line Items]
Outstanding under revolving facility		$ 21,230	$ 37,266
Covid 19
Unusual Or Infrequent Item [Line Items]
Impairment charges related to goodwill	$ 133,700
Impairment charges related to intangible assets	$ 22,200

Earnings Per Share and Cash D_3

Earnings Per Share and Cash Dividends - Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Weighted average common shares outstanding:
Basic	23,095	23,285	23,248	23,223
Effect of dilutive securities:
Stock awards and options to purchase shares of common stock	505	90	431	0
Diluted	23,600	23,375	23,679	23,223

Earnings Per Share and Cash D_4

Earnings Per Share and Cash Dividends - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands

Aug. 26, 2021

May 27, 2021

Mar. 25, 2021

Feb. 05, 2021

Oct. 31, 2021

Jul. 31, 2021

Apr. 30, 2021

Oct. 31, 2020

Jul. 31, 2020

Apr. 30, 2020

Oct. 31, 2021

Oct. 31, 2020

Earnings Per Share Diluted [Line Items]

Dilutive common stock equivalents were excluded from the computation of diluted earnings per share

269,000

889,000

406,000

815,000

Cash dividend declared and payable

$ 0.20

$ 0.20

$ 0.20

$ 0

$ 0

$ 0

$ 0.60

Dividend paid

$ 2,300

$ 4,600

$ 4,700

$ 4,600

$ 13,906

Dividend payable date

Sep. 22, 2021

Jun. 23, 2021

Apr. 21, 2021

Cash dividend paid per share

$ 0.10

Dividend payable, record date

Sep. 8, 2021

Jun. 9, 2021

Apr. 7, 2021

Jan. 21, 2021

Stock Options

Earnings Per Share Diluted [Line Items]

Dilutive common stock equivalents were excluded from the computation of diluted earnings per share

80,000

Restructuring Provision - Addit

Restructuring Provision - Additional Information (Details) - USD ($)	3 Months Ended					9 Months Ended		12 Months Ended
	Jan. 31, 2022	Oct. 31, 2021	Jul. 31, 2021	Apr. 30, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020	Jan. 31, 2023	Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Restructuring charges		$ 8,300,000							$ 12,600,000
Payments for restructuring						$ 1,607,000	$ 5,713,000		6,700,000
Restructuring charges with non-cash use						1,300,000
Restructuring charges with non-cash portion used						81,000	2,083,000		$ 2,100,000
Write-off related to non-refundable deposits							1,500,000
Provision for restructuring charges		$ 0	$ 0	$ 0	$ 781,000	0	$ 15,389,000
Forecast
Restructuring Cost And Reserve [Line Items]
Restructuring charges	$ 800,000							$ 800,000
Severance and Employee Related | Minimum
Restructuring Cost And Reserve [Line Items]
Expected annual savings from restructuring plan						14,000,000
Severance and Employee Related | Maximum
Restructuring Cost And Reserve [Line Items]
Expected annual savings from restructuring plan						$ 16,000,000

Restructuring Provision - Summa

Restructuring Provision - Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan (Details) - USD ($)		3 Months Ended						9 Months Ended			12 Months Ended
		Oct. 31, 2021		Jul. 31, 2021	Apr. 30, 2021		Oct. 31, 2020	Oct. 31, 2021		Oct. 31, 2020	Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Beginning Balance					$ 3,781,000			$ 3,781,000		$ 0	$ 0
Provision		$ 0		$ 0	0		$ 781,000	0		15,389,000
Non-Cash Use								(81,000)		(2,083,000)	(2,100,000)
Cash Payments								(1,607,000)		(5,713,000)	(6,700,000)
Ending Balance		2,093,000					7,593,000	2,093,000		7,593,000	3,781,000
Restructuring Plan | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance					2,378,000	[1]		2,378,000	[1]	0	0
Provision								0	[1]	7,110,000
Non-Cash Use								0	[1]	0
Cash Payments								(1,580,000)	[1]	(3,944,000)
Ending Balance		798,000	[1]				3,166,000	798,000	[1]	3,166,000	2,378,000	[1]
Restructuring Plan | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance	[2]				51,000			51,000		0	0
Provision	[2]							0		1,033,000
Non-Cash Use	[2]							(36,000)		(315,000)
Cash Payments	[2]							(9,000)		(651,000)
Ending Balance	[2]	6,000					67,000	6,000		67,000	51,000
Other Corporate Initiative | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance					0			0		0	0
Provision								0		936,000
Non-Cash Use								0		0
Cash Payments								0		(936,000)
Ending Balance		0					0	0		0	0
Other Corporate Initiative | Inventory
Restructuring Cost And Reserve [Line Items]
Beginning Balance	[3]				407,000			407,000		0	0
Provision	[3]							0		3,507,000
Non-Cash Use	[3]							(45,000)		(250,000)
Cash Payments	[3]							0		0
Ending Balance	[3]	362,000					3,257,000	362,000		3,257,000	407,000
Other Corporate Initiative | Accounts Receivable
Restructuring Cost And Reserve [Line Items]
Beginning Balance	[4]				926,000			926,000		0	0
Provision	[4]							0		1,075,000
Non-Cash Use	[4]							0		0
Cash Payments	[4]							0		0
Ending Balance	[4]	926,000					1,075,000	926,000		1,075,000	926,000
Other Corporate Initiative | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance					$ 19,000	[2]		19,000	[2]	0	0
Provision								0	[2]	1,728,000
Non-Cash Use								0	[2]	(1,518,000)
Cash Payments								(18,000)	[2]	(182,000)
Ending Balance		$ 1,000	[2]				$ 28,000	$ 1,000	[2]	$ 28,000	$ 19,000	[2]
[1]	$ 0.4 million included in Accrued payroll and benefits and $ 0.4 million included in Capital in excess of par value.
[2]	Balance included in Accrued liabilities.
[3]	Reserve included in Inventories.
[4]	Reserve included in Trade receivables, net.

Restructuring Provision - Sum_2

Restructuring Provision - Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan (Parenthetical) (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	$ 19,798	$ 18,047	$ 12,693
Capital in excess of par value	220,294	$ 214,043	$ 212,730
Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	400
Capital in excess of par value	$ 400

Restructuring Provision - Sum_3

Restructuring Provision - Summary of Corporate Initiative Costs by Operating Segment (Details) - USD ($)	3 Months Ended				9 Months Ended
	Oct. 31, 2021	Jul. 31, 2021	Apr. 30, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Restructuring Cost And Reserve [Line Items]
Provision	$ 0	$ 0	$ 0	$ 781,000	$ 0	$ 15,389,000
Cost of Sales
Restructuring Cost And Reserve [Line Items]
Provision				43,000		3,551,000
Selling, General and Administrative
Restructuring Cost And Reserve [Line Items]
Provision				738,000		11,838,000
Watch and Accessory Brands
Restructuring Cost And Reserve [Line Items]
Provision				781,000		15,389,000
Watch and Accessory Brands | United States
Restructuring Cost And Reserve [Line Items]
Provision				594,000		11,929,000
Watch and Accessory Brands | International
Restructuring Cost And Reserve [Line Items]
Provision				187,000		3,460,000
Company Stores
Restructuring Cost And Reserve [Line Items]
Provision				$ 0		$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended			9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2020	Oct. 31, 2021	Oct. 31, 2020	Jan. 31, 2021
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets	$ 14,511,000			$ 14,511,000		$ 17,081,000
Amortization expense for intangible assets	900,000	$ 900,000		2,699,000	$ 3,000,000
Watch and Accessory Brands
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges			$ 22,200,000
Goodwill			0
Impairment charges related to goodwill			133,700,000
Company Stores
Schedule Of Goodwill And Intangible Assets [Line Items]
Goodwill	0			0
Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets	9,638,000			9,638,000		10,860,000
Amortization expense for intangible assets				1,233,000
Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets	$ 3,836,000			3,836,000		$ 5,168,000
Amortization expense for intangible assets				$ 1,274,000
MVMT Watches, Inc. | Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets			2,400,000
MVMT Watches, Inc. | Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived intangible assets			$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Summary of Changes in Carrying Amount of Other Intangible Assets (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Acquired Finite Lived Intangible Assets [Line Items]
Beginning Balance				$ 17,081
Additions				193
Amortization		$ (900)	$ (900)	(2,699)	$ (3,000)
Foreign exchange impact				(64)
Ending Balance		14,511		$ 14,511
Trade Names
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)				10 years
Beginning Balance				$ 10,860
Additions				0
Amortization				(1,233)
Foreign exchange impact				11
Ending Balance		9,638		$ 9,638
Customer Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)				6 years
Beginning Balance				$ 5,168
Additions				0
Amortization				(1,274)
Foreign exchange impact				(58)
Ending Balance		3,836		$ 3,836
Other
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)	[1]			10 years
Beginning Balance	[1]			$ 1,053
Additions	[1]			193
Amortization	[1]			(192)
Foreign exchange impact	[1]			(17)
Ending Balance	[1]	$ 1,037		$ 1,037
[1]	Other includes fees paid related to trademarks.

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Inventory, Net [Abstract]
Finished goods	$ 129,131	$ 107,246	$ 130,515
Component parts	38,996	40,735	42,438
Work-in-process	2,587	4,599	3,888
Inventories	$ 170,714	$ 152,580	$ 176,841

Debt and Lines of Credit - Addi

Debt and Lines of Credit - Additional Information (Details)	Oct. 29, 2021USD ($)	Oct. 12, 2018USD ($)	Oct. 31, 2021USD ($)BankSubsidiary	Jul. 31, 2021USD ($)	Oct. 31, 2020USD ($)BankSubsidiary	Apr. 30, 2020	Oct. 31, 2021USD ($)BankSubsidiary	Oct. 31, 2020USD ($)BankSubsidiary	Oct. 31, 2021CHF (SFr)BankSubsidiary	Jan. 31, 2021USD ($)	Oct. 31, 2020CHF (SFr)BankSubsidiary
Debt Instrument [Line Items]
Cash paid for interest							$ 400,000	$ 1,300,000
Cash and cash equivalents			$ 201,814,000		$ 163,218,000		201,814,000	163,218,000		$ 223,811,000
LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate						0.00%
Second Amendment | Minimum
Debt Instrument [Line Items]
Amended EBITDA				$ 35,000,000
Second Amendment | LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate				1.00%
Third Amendment
Debt Instrument [Line Items]
Credit facility matures date	Oct. 29, 2026
Third Amendment | Maximum
Debt Instrument [Line Items]
Cash and cash equivalents	$ 25,000,000
Third Amendment | LIBOR
Debt Instrument [Line Items]
Applicable margin rate	0.00%
Unsecured Debt | Swiss subsidiary
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity			7,100,000		7,100,000		7,100,000	7,100,000	SFr 6,500,000		SFr 6,500,000
Outstanding borrowing amount			0		0		0	0
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 100,000,000
Uncommitted increase to borrowing capacity		$ 50,000,000
Credit facility matures date		Oct. 12, 2023
Loan drawn under the facility			0		37,300,000		0	37,300,000			SFr 10,000,000
Line of credit facility remaining borrowing capacity			99,700,000		62,400,000		99,700,000	62,400,000
Weighted average borrowings amount			0		$ 44,500,000		$ 6,500,000	$ 60,500,000
Weighted average interest rate					3.75%		2.79%	2.37%
Letter of Credit
Debt Instrument [Line Items]
Credit facility matures date							May 31, 2022
Outstanding borrowing amount			$ 300,000		$ 300,000		$ 300,000	$ 300,000
Letter of Credit | Secured Debt | Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 15,000,000
Letter of Credit | Unsecured Debt | Swiss subsidiary
Debt Instrument [Line Items]
Number of European banks guaranteed obligations to third parties | Bank			2		2		2	2	2		2
Number of foreign subsidiaries under guaranteed obligation | Subsidiary			2		2		2	2	2		2
Guaranteed obligations to third parties			$ 1,300,000		$ 1,300,000		$ 1,300,000	$ 1,300,000
Restricted deposit relates to lease agreement			$ 600,000		$ 600,000		$ 600,000	$ 600,000
Swingline | Secured Debt | Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		25,000,000
Swiss Borrowers | Secured Debt | Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 75,000,000

Derivative Financial Instrume_2

Derivative Financial Instruments - Additional Information (Details) - 9 months ended Oct. 31, 2021 € in Millions, ¥ in Millions, £ in Millions, SFr in Millions	CNY (¥)	CHF (SFr)	USD ($)	EUR (€)	GBP (£)
Derivatives Fair Value [Line Items]
Cash flow hedges			$ 0
Foreign Exchange Forward
Derivatives Fair Value [Line Items]
Net forward contracts hedging portfolio	¥ 15.7	SFr 20	$ 19,800,000	€ 25.6	£ 6.9
Maximum
Derivatives Fair Value [Line Items]
Expiry dates ranging	Apr. 22, 2022

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Assets:
Total assets measured at fair value	$ 77,852	$ 73,461	$ 68,565
Liabilities:
Total liabilities measured at fair value	47,960	46,686	42,052
Level 1
Assets:
Total assets measured at fair value	49,171	47,624	43,359
Liabilities:
Total liabilities measured at fair value	47,886	46,673	42,040
Level 2
Assets:
Total assets measured at fair value	26	0	0
Liabilities:
Total liabilities measured at fair value	74	13	12
Level 3
Assets:
Total assets measured at fair value	28,655	25,837	25,206
Liabilities:
Total liabilities measured at fair value		0	0
Other Current Assets | Available-for-sale securities
Assets:
Total assets measured at fair value	235	184	143
Other Current Assets | Short-term investment
Assets:
Total assets measured at fair value	168	162	156
Other Current Assets | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	26
Other Current Assets | Level 1 | Available-for-sale securities
Assets:
Total assets measured at fair value	235	184	143
Other Current Assets | Level 1 | Short-term investment
Assets:
Total assets measured at fair value	168	162	156
Other Current Assets | Level 1 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	0
Other Current Assets | Level 2 | Available-for-sale securities
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets | Level 2 | Short-term investment
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets | Level 2 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	26
Other Current Assets | Level 3 | Available-for-sale securities
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets | Level 3 | Short-term investment
Assets:
Total assets measured at fair value	0	0	0
Other Current Assets | Level 3 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	0
Other Non-current Assets | SERP assets - employer
Assets:
Total assets measured at fair value	882	605	1,020
Other Non-current Assets | SERP assets - employee
Assets:
Total assets measured at fair value	47,886	46,673	42,040
Other Non-current Assets | Level 1 | SERP assets - employer
Assets:
Total assets measured at fair value	882	605	1,020
Other Non-current Assets | Level 1 | SERP assets - employee
Assets:
Total assets measured at fair value	47,886	46,673	42,040
Other Non-current Assets | Level 2 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets | Level 2 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets | Level 3 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0	0
Other Non-current Assets | Level 3 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	47,886	46,673	42,040
Other non-current liabilities | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	28,655	25,837	25,206
Other non-current liabilities | Level 1 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	47,886	46,673	42,040
Other non-current liabilities | Level 1 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities | Level 2 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0
Other non-current liabilities | Level 2 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	0	0	0
Other non-current liabilities | Level 3 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	0	0
Other non-current liabilities | Level 3 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	28,655	25,837	25,206
Accrued Liabilities | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	74	13	12
Accrued Liabilities | Level 1 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value		0
Accrued Liabilities | Level 2 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	74	13	12
Accrued Liabilities | Level 3 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value		$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	3 Months Ended	9 Months Ended
	Oct. 31, 2021USD ($)	Oct. 31, 2021USD ($)	Jan. 31, 2021
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Transfers into level 1 to level 2, assets	$ 0	$ 0
Transfers into level 2 to level 1, assets	0	0
Transfers into level 1 to level 2, liabilities	0	0
Transfers into level 2 to level 1, liabilities	0	0
Transfers into level 3, assets		0
Transfers out of level 3, assets		0
Transfers into level 3, liabilities		0
Transfers out of level 3, liabilities		$ 0
Investments in privately held company and venture capital funds	$ 1,100,000
Level 3 | Discount Rate
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Goodwill and intangible assets measurement input			17.5
Short-term investment
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Fair value, investment		The fair value of the short-term investment, which is a guaranteed investment certificate, is based on its purchase price plus one half of a percent calculated annually.

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Oct. 01, 2018USD ($)ContingentPayment	Dec. 31, 2016USD ($)	Oct. 31, 2021USD ($)	Jul. 31, 2021USD ($)	Jan. 31, 2020USD ($)
Loss Contingencies [Line Items]
Underpaid duty charges due to alternative duty methodology		$ 5,100,000
Underpaid duty methodology period covered by statute of limitation		5 years
Satisfied capital calls in respect of commitment			$ 600,000
Maximum
Loss Contingencies [Line Items]
Committed investments in venture capital fund			$ 10,000,000	$ 1,000,000
MVMT Watches, Inc.
Loss Contingencies [Line Items]
Business acquisition, number of future contingent payments | ContingentPayment	2
Business acquisition, liability					$ 0
MVMT Watches, Inc. | Maximum
Loss Contingencies [Line Items]
Business acquisition, additional purchase price future contingent payments before tax benefits	$ 100,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	Mar. 27, 2020	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Income Tax Contingency [Line Items]
Income tax provision (benefit)		$ 9,561,000	$ 7,524,000	$ 18,206,000	$ (26,365,000)
Effective tax rate for continuing operations		23.10%	33.50%	23.00%	15.70%
Deferred tax liability, undistributed foreign earnings		$ 0		$ 0
Undistributed foreign earnings		$ 272,400,000		$ 272,400,000
CARES Act
Income Tax Contingency [Line Items]
Net operating loss carryback period with statutory tax rate of 35.0%	5 years
Regular taxable income, offset percentage	100.00%

Equity - Components of Equity (

Equity - Components of Equity (Details) - USD ($) $ in Thousands		Feb. 05, 2021	Oct. 31, 2021	Jul. 31, 2021	Apr. 30, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Beginning Balance					$ 427,334		$ 427,334	$ 527,244
Beginning Balance					2,600		2,600
Net income/(loss) attributable to Movado Group, Inc.							60,959	(141,212)
Dividends		$ (2,300)	$ (4,600)	$ (4,700)	(4,600)		(13,906)
Stock options exercised							(496)	(497)
Stock repurchase							(17,023)
Supplemental executive retirement plan							139	69
Stock-based compensation expense							3,965	4,190	[1]
Net unrealized gain (loss) on investments, net of tax (benefit) provision							39	(31)
Amortization of prior service cost, net of tax provision			14			$ 14	43	42
Foreign currency translation adjustment	[2]						(4,928)	853
Ending Balance			457,118			390,658	457,118	390,658
Ending Balance			2,445			2,772	2,445	2,772
Common Stock Class Undefined
Beginning Balance	[3]				281		281	279
Stock options exercised	[3]						3	2
Ending Balance	[3]		284			281	284	281
Class A Common Stock
Beginning Balance	[4]				65		65	65
Ending Balance	[4]		65			65	65	65
Capital in Excess of Par Value
Beginning Balance					214,043		214,043	208,473
Stock options exercised							2,147	(2)
Supplemental executive retirement plan							139	69
Stock-based compensation expense							3,965	4,190	[1]
Ending Balance			220,294			212,730	220,294	212,730
Retained Earnings
Beginning Balance					341,641		341,641	455,479
Net income/(loss) attributable to Movado Group, Inc.							60,224	(141,783)
Dividends							(13,906)
Ending Balance			387,959			313,696	387,959	313,696
Accumulated Other Comprehensive Income
Beginning Balance					92,540		92,540	85,050
Net unrealized gain (loss) on investments, net of tax (benefit) provision							39	(31)
Amortization of prior service cost, net of tax provision							43	42
Foreign currency translation adjustment	[2]						(4,892)	818
Ending Balance			87,730			85,879	87,730	85,879
Treasury Stock
Beginning Balance					(223,306)		(223,306)	(222,809)
Stock options exercised							(1,654)	(497)
Stock repurchase							(17,023)
Ending Balance			(241,983)			(223,306)	(241,983)	(223,306)
Noncontrolling Interest
Beginning Balance					2,070		2,070	707
Net income/(loss) attributable to Movado Group, Inc.							735	571
Foreign currency translation adjustment	[2]						(36)	35
Ending Balance			2,769			1,313	2,769	1,313
Redeemable Noncontrolling Interest
Beginning Balance					$ 2,600		2,600	3,165
Net income/(loss) attributable to Movado Group, Inc.							(12)	(556)
Foreign currency translation adjustment	[2]						(143)	163
Ending Balance			$ 2,445			$ 2,772	$ 2,445	$ 2,772
[1]	Includes $ 0.4 million related to the Restructuring Plan of the corporate initiatives.
[2]	The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.
[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.

Equity - Components of Equity_2

Equity - Components of Equity (Parenthetical) (Details) - USD ($) $ / shares in Units, $ in Thousands	Aug. 26, 2021	May 27, 2021	Mar. 25, 2021	Oct. 31, 2021	Oct. 31, 2020	Jul. 31, 2020	Apr. 30, 2020	Oct. 31, 2021	Oct. 31, 2020
Dividends per share	$ 0.20	$ 0.20	$ 0.20		$ 0	$ 0	$ 0	$ 0.60
Net unrealized gain (loss) on investments, tax provision/(benefit)				$ (5)	$ 1			$ 13	$ (10)
Amortization of prior service cost, tax provision				$ 4	$ 4			12	12
Stock-based compensation expense								$ 3,965	4,190	[1]
Corporate Initiatives
Stock-based compensation expense									$ 400
Common Stock Class Undefined
Common Stock, Voting Rights								Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
Class A Common Stock
Common Stock, Voting Rights								Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders.
Common stock, Conversion basis								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.
[1]	Includes $ 0.4 million related to the Restructuring Plan of the corporate initiatives.

Treasury Stock - Additional Inf

Treasury Stock - Additional Information (Details) - USD ($)	Aug. 29, 2017	Oct. 31, 2021	Oct. 31, 2020	Nov. 23, 2021	Mar. 25, 2021
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, total cost of shares repurchased		$ 17,023,000
Existing Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased			0
August 29, 2017 Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized	$ 50,000,000
Stock repurchase program expiration date	Aug. 29, 2020
Surrender of Shares by Employee
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased		54,720	49,283
March 25, 2021 Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized					$ 25,000,000
Stock repurchase program, total cost of shares repurchased		$ 17,000,000
Stock repurchase program, number of shares repurchased		548,402
Stock repurchase program, average per share price of shares repurchased		$ 31.04
Stock repurchase program, remaining authorized repurchase amount		$ 8,000,000
November 23, 2021 Share repurchase Program | Subsequent Event
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized				$ 50,000,000
Stock repurchase program, remaining authorized repurchase amount				$ 50,000,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Component of Accumulated Other Comprehensive Income (loss) (Details) - USD ($) $ in Thousands	Oct. 31, 2021	Jan. 31, 2021	Oct. 31, 2020
Accumulated Other Comprehensive Income Loss [Line Items]
Foreign currency translation adjustments	$ 88,274	$ 93,166	$ 86,163
Available-for-sale securities	163	124	93
Total accumulated other comprehensive income	87,730	92,540	85,879
Unrecognized Prior Service Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	(301)	(344)	(325)
Net Actuarial Loss
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	$ (406)	$ (406)	$ (52)

Revenue - Summary of Net Sales

Revenue - Summary of Net Sales Disaggregated by Customer Type (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Disaggregation Of Revenue [Line Items]
Net sales	$ 217,746	$ 169,863	$ 526,418	$ 328,067
Wholesale
Disaggregation Of Revenue [Line Items]
Net sales	178,988	135,605	404,106	248,977
Direct to consumer
Disaggregation Of Revenue [Line Items]
Net sales	37,612	33,508	119,447	77,500
After-sales service
Disaggregation Of Revenue [Line Items]
Net sales	$ 1,146	$ 750	$ 2,865	$ 1,590

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($)	Apr. 04, 2013	Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021	Oct. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options granted				201,875
Compensation expense		$ 400,000	$ 100,000	$ 1,100,000	$ 200,000
Unrecognized compensation cost related to unvested stock options		3,000,000		$ 3,000,000
Weighted-average period				2 years 2 months 12 days
Cash received for stock option exercises				$ 2,100,000	0
Fair value of stock options exercised				900,000
Intrinsic value of stock options exercised				800,000
Stock options exercised					0
Vesting of stock awards repurchased value				1,700,000
Stock Award Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense		800,000	$ 1,000,000	$ 2,900,000	4,000,000
Weighted-average period				1 year 10 months 24 days
Unrecognized compensation cost		$ 3,800,000		$ 3,800,000
Fair value of stock award units vested				$ 7,300,000
Stock Award Units | Corporate Initiatives
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense					$ 400,000
Performance-Based Stock Awards | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares issued percentage of target number of underlying stock award units				0.00%
Performance-Based Stock Awards | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares issued percentage of target number of underlying stock award units				150.00%
Employee Stock Option Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of common stock shares	11,000,000
Options granted to participants exercisable period	3 years

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Weighted Average Assumptions Used for Calculation of Fair Value of Stock Options Granted (Details) - $ / shares	9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020
Share-based Payment Arrangement [Abstract]
Expected volatility	51.61%	50.79%
Expected life in years	6 years	6 years
Risk-free interest rates	0.89%	0.34%
Dividend rate	2.90%	4.29%
Weighted average fair value per option at date of grant	$ 10.23	$ 3.87

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Stock Options Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended	12 Months Ended
	Oct. 31, 2021	Jan. 31, 2021
Schedule of stock options activity
Outstanding Option Beginning Balance	1,111,110
Stock options granted	201,875
Exercised	(88,191)
Cancelled	0
Outstanding Option Ending Balance	1,224,794	1,111,110
Exercisable	484,919	561,110
Expected to vest	678,324
Weighted Average Exercise Price per Option, Beginning Balance	$ 21.90
Granted, Weighted Average Exercise Price per Option	27.62
Exercised. Weighted Average Exercise Price per Option	24.38
Weighted Average Exercise Price per Option, Ending Balance	22.66	$ 21.90
Exercisable, Weighted Average Exercise Price per Option	28.86
Expected to vest, Weighted Average Exercise Price per Option	18.47
Option Price Per Share, Granted	$ 27.62
Options outstanding, Weighted Average Remaining Contractual Term (years)	6 years 9 months 18 days	6 years 10 months 24 days
Exercisable, Weighted Average Remaining Contractual Term (years)	3 years 3 months 18 days
Expected to vest, Weighted Average Remaining Contractual Term (years)	9 years
Options outstanding, Aggregate Intrinsic Value	$ 13,602	$ 2,975
Exercisable, Aggregate Intrinsic Value	2,726
Expected to vest, Aggregate Intrinsic Value	$ 10,058
Minimum
Schedule of stock options activity
Option Price Per Share, Beginning Balance	$ 12.42
Option Price Per Share, Exercised	16.87
Option Price Per Share, Ending Balance	12.42	$ 12.42
Maximum
Schedule of stock options activity
Option Price Per Share, Beginning Balance	42.12
Option Price Per Share, Exercised	30.36
Option Price Per Share, Ending Balance	$ 42.12	$ 42.12

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Stock Options Activity (Parenthetical) (Details) - shares	Oct. 31, 2021	Jan. 31, 2021
Share-based Payment Arrangement [Abstract]
Exercisable	484,919	561,110

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Awards Activity (Details) - Stock Award Units $ / shares in Units, $ in Thousands	9 Months Ended
	Oct. 31, 2021USD ($)$ / sharesshares
Number of Stock Award Units
Stock Award Units, Beginning Balance | shares	415,994
Units granted | shares	129,497
Units vested | shares	(230,928)
Units forfeited | shares	(5,521)
Stock Award Units, Ending Balance | shares	309,042
Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 29.17
Units granted, Weighted Average Grant Date Fair Value | $ / shares	27.82
Units vested, Weighted Average Grant Date Fair Value | $ / shares	31.66
Units forfeited, Weighted Average Grant Date Fair Value | $ / shares	29.55
Weighted Average Grant Date Fair Value Ending Balance | $ / shares	$ 26.74
Weighted-Average Remaining Contractual Term (years)
Units outstanding, Weighted-Average Remaining Contractual Term (years)	1 year 10 months 24 days
Aggregate Intrinsic Value
Units outstanding, Aggregate Intrinsic Value | $	$ 10,291

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2021USD ($)	Oct. 31, 2020USD ($)	Oct. 31, 2021USD ($)LocationSegment	Oct. 31, 2020USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment			2
Number of geographic locations | Location			2
Net sales	$ 217,746	$ 169,863	$ 526,418	$ 328,067
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales	$ 118,700	$ 100,500	$ 279,100	$ 172,400
Geographic Concentration Risk | Europe | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	39.80%	41.90%	34.90%	40.40%
Geographic Concentration Risk | Middle East | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	7.60%	6.60%	8.00%	7.30%
Geographic Concentration Risk | Americas (excluding the United States) | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	5.60%	6.50%	6.00%	6.00%
Geographic Concentration Risk | Asia | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	4.40%	6.40%	4.70%	7.00%

Segment and Geographic Inform_4

Segment and Geographic Information - Operating Segment Data (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021		Oct. 31, 2020		Jan. 31, 2021
Operating segment data
Net sales		$ 217,746	$ 169,863	$ 526,418		$ 328,067
Operating Income/(Loss)	[1],[2]	41,403	23,067	79,292	[3]	(168,012)	[3]
Total Assets		741,017	701,778	741,017		701,778		$ 719,257
Watch and Accessory Brands
Operating segment data
Net sales		194,326	152,108	456,784		293,583
Operating Income/(Loss)	[1],[2]	34,854	(19,810)	59,357	[3]	(169,756)	[3]
Total Assets		679,112	640,652	679,112		640,652		659,681
Watch and Accessory Brands | Owned brands category
Operating segment data
Net sales		69,433	55,774	178,706		112,757
Watch and Accessory Brands | Licensed brands category
Operating segment data
Net sales		122,098	95,576	273,801		177,674
Watch and Accessory Brands | After-sales service and all other
Operating segment data
Net sales		2,795	758	4,277		3,152
Company Stores
Operating segment data
Net sales		23,420	17,755	69,634		34,484
Operating Income/(Loss)	[1],[2]	6,549	3,257	19,935	[3]	(1,744)	[3]
Total Assets		$ 61,905	$ 61,126	$ 61,905		$ 61,126		$ 59,576
[1]	For the three months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $ 0.6 million and $ 0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. For the nine months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 11.9 million and $ 3.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, in the United States locations of the Watch and Accessory Brands segment, operating income/(loss) included a charge of $ 0.1 million, $ 0.5 million, $ 0.3 million and $ 1.5 million, respectively, related to the amortization of intangible assets and the MVMT brand's deferred compensation. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, operating income/(loss) included a charge of $ 0.7 million, $ 0.6 million, $ 2.1 and $ 2.0 million, respectively, related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2020, operating loss included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.

Segment and Geographic Inform_5

Segment and Geographic Information - Geographic Location Data (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2021	Oct. 31, 2020	Oct. 31, 2021		Oct. 31, 2020		Jan. 31, 2021
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales		$ 217,746	$ 169,863	$ 526,418		$ 328,067
Operating Income/(Loss)	[1],[2]	41,403	23,067	79,292	[3]	(168,012)	[3]
Total Assets		741,017	701,778	741,017		701,778		$ 719,257
Property, Plant and Equipment, Net		19,365	24,002	19,365		24,002		22,349
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[4]	92,783	65,485	244,163		128,785
Operating Income/(Loss)	[1],[2],[4]	6,996	(6,684)	16,575	[3]	(140,993)	[3]
Total Assets		370,185	300,351	370,185		300,351		352,517
Property, Plant and Equipment, Net		12,836	15,884	12,836		15,884		14,792
International
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[5]	124,963	104,378	282,255		199,282
Operating Income/(Loss)	[1],[2],[5]	34,407	29,751	62,717	[3]	(27,019)	[3]
Total Assets		370,832	401,427	370,832		401,427		366,740
Property, Plant and Equipment, Net		$ 6,529	$ 8,118	$ 6,529		$ 8,118		$ 7,557
[1]	For the three months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating (loss)/income included a charge of $ 0.6 million and $ 0.2 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic. For the nine months ended October 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 11.9 million and $ 3.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2]	For the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, in the United States locations of the Watch and Accessory Brands segment, operating income/(loss) included a charge of $ 0.1 million, $ 0.5 million, $ 0.3 million and $ 1.5 million, respectively, related to the amortization of intangible assets and the MVMT brand's deferred compensation. In addition, in the International locations of the Watch and Accessory Brands segment for the three months ended October 31, 2021 and 2020, and for the nine months ended October 31, 2021 and 2020, operating income/(loss) included a charge of $ 0.7 million, $ 0.6 million, $ 2.1 and $ 2.0 million, respectively, related to the amortization of acquired intangible assets as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	For the nine months ended October 31, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2020, operating loss included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[4]	The United States operating income/(loss) included $ 21.6 million and $ 16.3 million of unallocated corporate expenses for the three months ended October 31, 2021 and 2020, respectively. The United States operating income/(loss) included $ 43.5 million and $ 28.4 million of unallocated corporate expenses for the nine months ended October 31, 2021 and 2020, respectively.
[5]	The International operating income included $ 28.9 million and $ 23.0 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2021 and 2020, respectively. The International operating income/(loss) included $ 59.7 million and $ 45.3 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2021 and 2020, respectively.

Segment and Geographic Inform_6

Segment and Geographic Information - Geographic Location Data (Parenthetical) (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2021	Oct. 31, 2020	Apr. 30, 2020	Oct. 31, 2021	Oct. 31, 2020
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	$ 900	$ 900		$ 2,699	$ 3,000
Charge related to the impairment of goodwill and intangible assets	0	0		0	155,919
Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill			$ 133,700
United States
Segment Reporting Information [Line Items]
Unallocated corporate expenses	21,600	16,300		43,500	28,400
United States | Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives		600			11,900
United States | Watch and Accessory Brands | MVMT Watches, Inc.
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	100	500		300	1,500
Charge related to the impairment of goodwill and intangible assets					99,700
International
Segment Reporting Information [Line Items]
Profits related to the company's supply chain operations	28,900	23,000		59,700	45,300
International | Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives		200			3,500
International | Watch and Accessory Brands | JLB Brands Ltd
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets	$ 700	$ 600		$ 2,100	2,000
International | Watch and Accessory Brands | Olivia Burton Band and City Time Joint Venture
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill					$ 56,200