Movado (MOV) 10-K 24 Mar 22 2022 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2022	Mar. 21, 2022	Jul. 31, 2021
Document Type	10-K
Amendment Flag	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Jan. 31, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Entity Registrant Name	MOVADO GROUP, INC.
Entity Central Index Key	0000072573
Current Fiscal Year End Date	--01-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Shell Company	false
ICFR Auditor Attestation Flag	true
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 Annual Report	true
Document Transition Report	false
Entity Incorporation, State or Country Code	NY
Entity Interactive Data Current	Yes
Entity Voluntary Filers	No
Entity Public Float			$ 495
Title of 12(b) Security	Common stock, par value $0.01 per share
Trading Symbol	MOV
Security Exchange Name	NYSE
Documents Incorporated by Reference	Portions of the definitive proxy statement relating to registrant’s 2022 annual meeting of shareholders (the “Proxy Statement”) are incorporated by reference in Part III hereof.
Auditor Name	PricewaterhouseCoopers LLP
Auditor Location	New York, New York
Auditor Firm ID	238
Common Stock Class Undefined
Entity Common Stock, Shares Outstanding		16,238,767
Class A Common Stock
Entity Common Stock, Shares Outstanding		6,524,805

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021
Current assets:
Cash and cash equivalents	$ 277,128	$ 223,811
Trade receivables, net	91,558	76,931
Inventories	160,283	152,580
Other current assets	16,974	23,479
Income taxes receivable	7,941	24,850
Total current assets	553,884	501,651
Property, plant and equipment, net	19,470	22,349
Operating lease right-of-use assets	68,599	76,070
Deferred and non-current income taxes	42,596	42,507
Other intangibles, net	13,507	17,081
Other non-current assets	63,104	59,599
Total assets	761,160	719,257
Current liabilities:
Accounts payable	46,011	28,187
Accrued liabilities	48,522	51,124
Accrued payroll and benefits	25,117	18,047
Current operating lease liabilities	13,693	15,861
Income taxes payable	18,123	14,452
Total current liabilities	151,466	127,671
Loans payable to bank		21,230
Deferred and non-current income taxes payable	19,614	21,895
Non-current operating lease liabilities	62,730	68,412
Other non-current liabilities	50,264	50,115
Total liabilities	284,074	289,323
Commitments and contingencies (Note 12)
Redeemable noncontrolling interest	2,311	2,600
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued	0	0
Capital in excess of par value	222,615	214,043
Retained earnings	413,587	341,641
Accumulated other comprehensive income	85,295	92,540
Treasury Stock, 12,266,978 and 11,492,591 shares, respectively, at cost	(249,040)	(223,306)
Total Movado Group, Inc. shareholders' equity	472,808	425,264
Noncontrolling interest	1,967	2,070
Total equity	474,775	427,334
Total liabilities, redeemable noncontrolling interest and equity	761,160	719,257
Common Stock Class Undefined
Equity:
Common Stock	286	281
Class A Common Stock
Equity:
Common Stock	$ 65	$ 65

CONSOLIDATED BALANCE SHEETS (PA

CONSOLIDATED BALANCE SHEETS (PARENTHETICAL) - $ / shares	Jan. 31, 2022	Jan. 31, 2021
Preferred Stock, par value	$ 0.01	$ 0.01
Preferred Stock, shares authorized	5,000,000	5,000,000
Preferred Stock, shares issued	0	0
Treasury Stock, shares	12,266,978	11,492,591
Common Stock Class Undefined
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	100,000,000	100,000,000
Common Stock, shares issued	28,633,025	28,078,241
Common Stock, shares outstanding	28,633,025	28,078,241
Class A Common Stock
Common Stock, par value	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000
Common Stock, shares issued	6,524,805	6,610,509
Common Stock, shares outstanding	6,524,805	6,610,509

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Income Statement [Abstract]
Net sales	[1]	$ 732,393	$ 506,397	$ 700,966
Cost of sales		313,328	235,898	326,077
Gross profit		419,065	270,499	374,889
Selling, general and administrative		301,574	256,707	331,898
Impairment of goodwill and intangible assets (Note 6)		0	155,919	0
Total operating expenses		301,574	412,626	331,898
Operating income/(loss)	[1],[2],[3],[4],[5],[6],[7],[8]	117,491	(142,127)	42,991
Non-operating income/(expense):
Other income (Note 19)		530	387	86
Gain on sale of a non-operating asset		0	1,317	0
Change in contingent consideration (Note 12)		0	0	15,356
Interest expense		(688)	(1,959)	(930)
Income/(loss) before income taxes		117,333	(142,382)	57,503
Provision/(benefit) for income taxes (Note 14)		24,774	(31,188)	15,124
Net income/(loss)		92,559	(111,194)	42,379
Less: Net income/(loss) attributable to noncontrolling interest		960	324	(320)
Net income/(loss) attributable to Movado Group, Inc.		$ 91,599	$ (111,518)	$ 42,699
Basic income/(loss) per share:
Weighted basic average shares outstanding		23,190	23,239	23,123
Net income/(loss) per share attributable to Movado Group, Inc.		$ 3.95	$ (4.80)	$ 1.85
Diluted income/(loss) per share:
Weighted diluted average shares outstanding		23,679	23,239	23,297
Net income/(loss) per share attributable to Movado Group, Inc.		$ 3.87	$ (4.80)	$ 1.83
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[2]	Fiscal 2020 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $ 0.3 million due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment 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]	Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $ 0.1 million and $ 1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company took in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $ 8.0 million and $ 4.6 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.
[5]	Fiscal 2022, 2021 and 2020 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $ 0.4 million, $ 1.6 million and $ 4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand.
[6]	Fiscal 2022, 2021 and 2020 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $ 2.9 million, $ 2.7 million and $ 2.8 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand.
[7]	The International operating income/(loss) included $ 80.5 million, $ 63.0 million and $ 73.3 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[8]	The United States operating income/( loss) i ncluded $ 38.7 million, $ 29.1 million and $ 29.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 92,559	$ (111,194)	$ 42,379
Other comprehensive income/(loss):
Net unrealized gain on investments, net of tax provision of $16, $0 and $2, respectively	48	0	5
Net change in effective portion of hedging contracts, net of tax provision of $38	194	0	0
Amortization of prior service cost, net of tax provision of $16, $6 and $15, respectively	57	23	53
Net actuarial gain/(loss) arising during period, net of tax provision/(benefit) of $249, ($98) and ($15), respectively	897	(354)	(52)
Foreign currency translation adjustments	(8,441)	7,821	4,537
Total other comprehensive (loss)/income, net of taxes	(7,245)	7,490	4,543
Comprehensive income/(loss) attributable to noncontrolling interests:
Less: Net income/(loss) attributable to noncontrolling interest	960	324	(320)
Foreign currency translation adjustments	(420)	474	(143)
Total comprehensive income/(loss) attributable to noncontrolling interests	540	798	(463)
Total comprehensive income/(loss) attributable to Movado Group, Inc.	$ 84,774	$ (104,502)	$ 47,385

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (PARENTHETICAL) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Statement of Comprehensive Income [Abstract]
Net unrealized gain on investments, tax provision/(benefit)	$ 16	$ 0	$ 2
Net change in effective portion of hedging contracts, tax provision/(benefit)	38
Amortization of prior service cost, tax provision	16	6	15
Net actuarial gain (loss) created in current year, tax (benefit)	$ 249	$ (98)	$ (15)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Cash flows from operating activities:
Net income/(loss)	$ 92,559	$ (111,194)	$ 42,379
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:
Impairment of goodwill and intangible assets	0	155,919	0
Non-cash corporate initiatives	(926)	3,722
Change in contingent consideration	0	0	(15,356)
Gain on sale of a non-operating asset	0	(1,317)	0
Depreciation and amortization	12,463	14,112	16,381
Transactional (gains)/losses	(808)	(836)	1,457
Provision for inventories and accounts receivable	4,795	3,786	3,152
Deferred income taxes	(208)	(18,292)	4,352
Stock-based compensation	4,952	5,089	6,373
Cost savings initiatives			(320)
Other	561	126	923
Changes in assets and liabilities:
Trade receivables	(18,550)	2,424	5,908
Inventories	(15,436)	21,596	(5,549)
Other current assets	2,054	2,261	8,103
Income taxes receivable	17,089	(21,037)	(7,394)
Accounts payable	18,269	(7,811)	(3,642)
Accrued liabilities	1,368	4,480	(4,944)
Accrued payroll and benefits	7,263	11,344	(12,469)
Income taxes payable	1,430	2,142	(5,393)
Other non-current assets	3,258	1,323	(2,398)
Other non-current liabilities	681	573	507
Net cash provided by operating activities	130,814	68,410	32,070
Cash flows from investing activities:
Capital expenditures	(5,656)	(3,018)	(12,713)
Long-term investments	(1,967)
Proceeds from sale of a non-operating asset		1,317	0
Trademarks and other intangibles	(291)	(164)	(255)
Acquisitions, net of cash acquired			(639)
Proceeds from sale of an asset held for sale	0		240
Net cash used in investing activities	(7,914)	(1,865)	(13,367)
Cash flows from financing activities:
Repayments of bank borrowings	(21,140)	(64,465)	0
Proceeds from bank borrowings		30,879	0
Dividends paid	(21,973)		(18,400)
Stock repurchase	(22,599)		(4,199)
Distribution of noncontrolling interest earnings	(1,230)
Contributions from noncontrolling interest	298
Stock awards and options exercised and other changes	324	(497)	(1,266)
Debt issuance cost	(294)	(300)	0
Net cash (used in)/provided by financing activities	(66,614)	(34,383)	(23,865)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(2,993)	5,823	1,141
Net increase (decrease) in cash, cash equivalents and restricted cash	53,293	37,985	(4,021)
Cash, cash equivalents and restricted cash at beginning of year	224,423	186,438	190,459
Cash, cash equivalents and restricted cash at end of year	277,716	224,423	186,438
Non-cash financing activities:
Dividends declared but not paid		2,320	0
Reconciliation of cash, cash equivalents and restricted cash:
Cash and cash equivalents	277,128	223,811	185,872
Restricted cash included in other non-current assets	588	612	566
Cash, cash equivalents, and restricted cash	$ 277,716	$ 224,423	$ 186,438

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands		Total	Common StockCommon Stock Class Undefined	[1]	Common StockClass A Common Stock	[2]	Capital in Excess of Par Value	Retained Earnings	Accumulated Other Comprehensive Income	Treasury Stock	Noncontrolling Interests	Redeemable Noncontrolling Interests
Beginning Balance at Jan. 31, 2019		$ 496,655	$ 277		$ 65		$ 201,814	$ 431,180	$ 80,507	$ (217,188)
Beginning Balance at Jan. 31, 2019												$ 3,721
Net income/(loss) attributable to Movado Group, Inc.		42,806						42,699			$ 107
Net income/ (loss) attributable to redeemable noncontrolling interests												(427)
Dividends		(18,400)						(18,400)
Stock options exercised		(1,266)	2				154			(1,422)
Joint venture purchase		614									614
Stock repurchase		(4,199)								(4,199)
Supplemental executive retirement plan		132					132
Stock-based compensation expense		6,373					6,373
Net unrealized gain (loss) on investments, net of tax provision (benefit)		5							5
Net change in effective portion of hedging contracts, net of tax provision (benefit)		0
Amortization of prior service cost, net of tax provision		53							53
Net actuarial loss arising during period, net of tax benefit		(52)							(52)
Foreign currency translation adjustment	[3]	4,523							4,537		(14)	(129)
Ending Balance at Jan. 31, 2020		527,244	279		65		208,473	455,479	85,050	(222,809)	707
Ending Balance at Jan. 31, 2020												3,165
Net income/(loss) attributable to Movado Group, Inc.		(110,327)						(111,518)			1,191
Net income/ (loss) attributable to redeemable noncontrolling interests												(867)
Dividends	[4]	(2,320)						(2,320)
Stock options exercised		(497)	2				(2)			(497)
Supplemental executive retirement plan		141					141
Stock-based compensation expense	[5]	5,431					5,431
Net change in effective portion of hedging contracts, net of tax provision (benefit)		0
Amortization of prior service cost, net of tax provision		23							23
Net actuarial loss arising during period, net of tax benefit		(354)							(354)
Foreign currency translation adjustment	[3]	7,993							7,821		172	302
Ending Balance at Jan. 31, 2021		427,334	281		65		214,043	341,641	92,540	(223,306)	2,070
Ending Balance at Jan. 31, 2021		2,600										2,600
Net income/(loss) attributable to Movado Group, Inc.		92,622						91,599			1,023
Net income/ (loss) attributable to redeemable noncontrolling interests												(63)
Dividends		(19,653)						(19,653)
Distribution of noncontrolling interest earnings		(1,230)									(1,230)
Stock options exercised		324	5				3,454			(3,135)
Joint venture purchase		298									298
Stock repurchase		(22,599)								(22,599)
Supplemental executive retirement plan		166					166
Stock-based compensation expense		4,952					4,952
Net unrealized gain (loss) on investments, net of tax provision (benefit)		48							48
Net change in effective portion of hedging contracts, net of tax provision (benefit)		194							194
Amortization of prior service cost, net of tax provision		57							57
Net actuarial loss arising during period, net of tax benefit		897							897
Foreign currency translation adjustment	[3]	(8,635)							(8,441)		(194)	(226)
Ending Balance at Jan. 31, 2022		474,775	$ 286		$ 65		$ 222,615	$ 413,587	$ 85,295	$ (249,040)	$ 1,967
Ending Balance at Jan. 31, 2022		$ 2,311										$ 2,311
[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]	Dividends declared on January 11, 2021 to shareholders of record on January 21, 2021 payable on February 5, 2021 .
[5]	Includes $ 0.4 million related to the Restructuring Plan of the corporate initiatives.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (PARENTHETICAL) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021		Jan. 31, 2020
Dividends per share	$ 0.85	$ 0.10		$ 0.80
Net unrealized gain (loss) on investments, tax provision (benefit)	$ 16	$ 0		$ 2
Net change in effective portion of hedging contracts, tax provision	38
Amortization of prior service cost, tax provision	16	6		15
Net actuarial loss arising during period, tax benefit	(249)	$ 98		15
Dividends declared date		Jan. 11, 2021
Dividends date of record		Jan. 21, 2021
Dividends payable date		Feb. 5, 2021
Stock-based compensation expense	$ 4,952	$ 5,431	[1]	$ 6,373
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.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Jan. 31, 2022
Accounting Policies [Abstract]
Significant Accounting Policies	NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES Organization and Business Movado Group, Inc. (together with its subsidiaries, the “Company”) designs, sources, markets and distributes quality watches with prominent brands across most price categories of the watch industry. In fiscal 2022, the Company marketed the following distinct brands of watches: Movado, Concord, Ebel, Olivia Burton, MVMT, Coach, Tommy Hilfiger, Hugo Boss, Lacoste, Calvin Klein and Scuderia Ferrari. The Company also designs, sources, markets and distributes jewelry and other accessories under certain of its brands. Movado (with the exception of certain Movado collections), Ebel and Concord watches, as well as a limited number of Calvin Klein watch styles, are manufactured in Switzerland by independent third-party assemblers using Swiss movements and other parts sourced by the Company’s Swiss operations. Movado smart watches include connected technology licensed from third parties that also provide end users with the necessary applications and cloud services. All of the Company’s products are manufactured using components obtained from third party suppliers. Certain Movado collections of watches are manufactured by independent contractors in Asia using Swiss movements. Coach, Hugo Boss, Lacoste, Olivia Burton, MVMT, Scuderia Ferrari, Tommy Hilfiger and most Calvin Klein watches are manufactured by independent contractors in Asia. The Company’s jewelry and other accessories are manufactured by independent contractors in Asia and, to a lesser extent, the United States. In addition to its sales to trade customers and independent distributors, the Company sells directly to consumers via its e-commerce platforms and also operates 47 re tail outlet locations throughout the United States and four i n Canada, through which it sells current and discontinued models and factory seconds of all of the Company’s watches. Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated. To the extent a subsidiary is not wholly-owned, any related noncontrolling interests are included as a separate component of Shareholders’ Equity. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These estimates and assumptions are based on management’s best estimates and judgment. On an on-going basis, the Company evaluates its estimates and judgement. These estimates include accounting for sales discounts, returns, allowances and incentives, warranties, income taxes, depreciation, amortization, inventory write-downs, stock-based compensation, pensions, contingencies and impairments. Actual results could differ from those estimates. Translation of Foreign Currency Financial Statements and Foreign Currency Transactions The financial statements of the Company’s international subsidiaries have been translated into United States dollars by translating balance sheet accounts at year-end exchange rates and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Foreign currency transaction gains and losses are charged or credited to earnings as incurred. Foreign currency translation gains and losses are reflected in the equity section of the Company’s consolidated balance sheets in Accumulated Other Comprehensive Income. Cash and Cash Equivalents and Restricted Cash Cash equivalents include all highly liquid investments with original maturities at date of purchase of three months or less. Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand. Trade Receivables Trade receivables as shown on the consolidated balance sheets are net of various allowances. In the first quarter of fiscal 2021, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13). As a result of adoption, the Company replaced its methodology in determining the allowance for doubtful accounts which was based on an analysis of the aging of accounts receivable, assessments of collectability based on historical trends, the financial condition of the Company’s customers and an evaluation of economic conditions with a methodology that reflects expected credit losses and requires the use of a forward-looking expected credit loss rate for its trade accounts receivables. The adoption had no material impact on the Company’s Consolidated Financial Statements. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. Included in Trade receivables include amounts due from trade customers including department stores, jewelry store chains, independent jewelers, third-party e-commerce retailers and payment processors used by the Company's owned e-commerce websites. All of the Company’s watch brands are also marketed outside the U.S. through a network of independent distributors. Accounts receivable are stated net of reserves for expected credit losses, returns and allowances of $ 26.4 million and $ 26.8 million at January 31, 2022 and 2021, respectively. Additionally, zero and $ 2.4 million of receivables and allowances were recorded in non-current assets as of January 31, 2022 and 2021, respectively. Accounts receivable are also stated net of co-operative advertising allowances of $ 5.6 million and $ 3.8 million at January 31, 2022 and 2021, respectively. Co-operative advertising allowances are credits taken by the customer at a future date on previously executed co-operative advertising. The Company’s concentrations of credit risk arise primarily from accounts receivable related to trade customers during the peak selling seasons. The Company has significant accounts receivable balances due from major national chain and department stores and third-party e-commerce retailers. The Company’s results of operations could be materially adversely affected in the event any of these customers or a group of these customers defaulted on all or a significant portion of their obligations to the Company as a result of financial difficulties. As of January 31, 2022, except for those accounts provided for in the allowance for doubtful accounts, the Company knew of no situations with any of the Company’s major customers which would indicate any such customer’s inability to make its required payments. No single customer accounted for more than 10 % of net sales during any of the years in the three-year period ended January 31, 2022. No single customer accounted for more than 10 % of the Company’s account receivable balance at January 31, 2022 or 2021. Inventories The Company values its inventory at the lower of cost or net realizable value. Cost is determined using the average cost method. The Company performs reviews of its on-hand inventory to determine amounts, if any, of inventory that is deemed discontinued, excess, or unsaleable. Inventory classified as discontinued, together with the related component parts that can be assembled into saleable finished goods, is sold primarily through the Company’s retail outlet locations. The Company retains adequate levels of component parts to facilitate both the manufacturing of its watches as well as the after-sales service of its watches for an extended period of time after the discontinuance of the manufacturing of such watches. The adjustment to reduce the value of component parts below their cost to their net realizable value is based on the timing of when a component part is no longer associated with a watch that is being manufactured as well as the significant assumption related to the anticipated utilization of component parts for after-sales service. Property, Plant and Equipment Property, plant and equipment, including computer software, are stated at cost less accumulated depreciation. The Company capitalizes certain computer software costs after technological feasibility has been established. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets. The cost of property, plant and equipment and related depreciation and amortization are removed from the accounts upon the disposition or retirement of such assets and the resulting gain or loss is reflected in operating income. Goodwill At the time of an acquisition, in accordance with applicable guidance, the Company records all acquired net assets at their estimated fair values. These estimated fair values are based on management’s assessments and independent third-party appraisals. The excess of the purchase consideration plus the fair value of any noncontrolling interest in the acquired company over the aggregate estimated fair values of the acquired net assets, including any contingent consideration, is recorded as goodwill. Goodwill is not amortized but is assessed for impairment at least annually on November 1 st . Under applicable guidance, the Company generally performs its annual goodwill impairment analysis using a qualitative approach to determine whether it is more likely than not that the fair value of goodwill is less than its carrying value. If, based on the results of the qualitative assessment, it is concluded that it is more likely than not that the fair value of goodwill is less than its carrying value, a quantitative test is performed. The quantitative impairment test is performed to measure the amount of impairment loss, if any. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of each reporting unit with its carrying value, including goodwill. If a reporting unit’s carrying amount exceeds its fair value, the Company will record an impairment charge, as an operating expense item, based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Determination of the fair value of a reporting unit and the fair value of individual assets and liabilities of a reporting unit is based on management’s assessment, including the consideration of independent third-party appraisals when necessary. Furthermore, this determination is subjective in nature and involves the use of significant estimates and assumptions. These estimates and assumptions could have a significant impact on whether or not an impairment charge is recognized and the amount of any such charge. Estimates of fair value are primarily determined using discounted cash flows, market comparisons, and recent transactions. These approaches use significant estimates and assumptions, including projected future cash flows, discount rates, growth rates, and determination of appropriate market comparisons. 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 the recent decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter, 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. See Note 6 for further discussion. At January 31, 2022 and 2021 goodwill was zero . Intangibles Intangible assets consist primarily of trade names, customer relationships and trademarks. In accordance with applicable guidance, the Company estimates and records the fair value of purchased intangible assets at the time of their acquisition. The fair values of these intangible assets are estimated based on independent third-party appraisals. Finite-lived intangible assets are amortized over their respective estimated useful lives, which range from three to ten years , and are evaluated for impairment periodically and whenever events or changes in circumstances indicate that their related carrying values may not be fully recoverable. Estimates of fair value for finite-lived intangible assets are primarily determined using discounted cash flows analysis of such assets, with consideration of market comparisons and recent transactions. This approach uses significant estimates and assumptions, including projected future cash flows, discount rates and growth rates. The Company determined that there was no impairment in fiscal 2022. 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 the recent decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter, 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. See Note 6 for further discussion. Noncontrolling Interest Redeemable noncontrolling interests in subsidiaries that are redeemable for cash or other assets outside of the Company’s control are classified as mezzanine equity, outside of equity and liabilities, at the greater of the carrying value or the redemption value. The increases and decreases in the redemption amount are recorded with corresponding adjustments against the Capital in excess of par value and are reflected in the computation of earnings per share using the two-class method. Noncontrolling interest is recognized as equity in the Company’s consolidated balance sheets and represents ownership interests in the Company’s subsidiaries held by third parties. Long-Lived Assets The Company periodically reviews the estimated useful lives of its depreciable assets based on factors including historical experience, the expected beneficial service period of the asset, the quality and durability of the asset and the Company’s maintenance policy including periodic upgrades. Changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment is necessary. The Company performs an impairment review of its long-lived assets once events or changes in circumstances indicate, in management’s judgment, that the carrying value of such assets may not be recoverable. When such a determination has been made, management compares the carrying value of the asset groups with their estimated future undiscounted cash flows. If it is determined that an impairment has occurred, the fair value of the asset group is determined and compared to its carrying value. The excess of the carrying value over the fair value, if any, is recognized as a loss during that period. The impairment is calculated as the difference between asset carrying values and their estimated fair values. Other than as it relates to intangibles, as discussed in Note 6, no impairment charge was recorded in fiscal 2022 or in fiscal 2021. 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. The Company will regularly evaluate the carrying value of its investments. There were no adjustments to the original cost value during fiscal 2022. The amounts are recorded in Other non-current assets in the Consolidated Balance Sheet at January 31, 2022. Derivative Financial Instruments The Company accounts for its derivative financial instruments in accordance with the accounting guidance which requires that an entity recognize all derivatives as either assets or liabilities in the consolidated balance sheets and measure those instruments at fair value. A significant portion of the Company’s purchases are denominated in Swiss Francs and, to a lesser extent, the Japanese Yen. The Company also sells to third-party customers in a variety of foreign currencies, most notably the Euro, Swiss Franc and the British Pound. The Company reduces its exposure to the Swiss Franc, Euro, British Pound, Chinese Yuan and Japanese Yen exchange rate risks through a hedging program. Under the hedging program, the Company manages most of its foreign currency exposures on a consolidated basis, which allows it to net certain exposures and take advantage of natural offsets. In the event these exposures do not offset, from time to time the Company uses various derivative financial instruments to further reduce the net exposures to currency fluctuations, predominately forward and option contracts. Certain of these contracts meet the requirements of qualified hedges. In these circumstances, the Company designates and documents these derivative instruments as a cash flow hedge of a specific underlying exposure, as well as the risk management objectives and strategies for undertaking the hedge transactions. Changes in the fair value of hedges designated and documented as a cash flow hedge and which are highly effective, are recorded in other comprehensive income until the underlying transaction affects earnings, and then are later reclassified into earnings in the same account as the hedged transaction. The earnings impact is mostly offset by the effects of currency movements on the underlying hedged transactions. The Company formally assesses, both at the inception and at each fiscal quarter thereafter, the effectiveness of the derivative instrument hedging the underlying forecasted cash flow transaction. The Company does not exclude any designated cash flow hedges from its effective testing. Hedge accounting is discontinued if it is determined that the derivative is not highly effective. From time to time the Company uses forward exchange contracts, which do not meet the requirements of qualified hedges, to offset its exposure to certain foreign currency receivables and liabilities. These forward contracts are not designated as qualified hedges and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise, thereby offsetting the current earnings effect resulting from the revaluation of the related foreign currency receivables and liabilities. All of the Company’s derivative instruments have fair values which can be determined directly or indirectly based on available market data. The Company does not enter into any derivative instruments for trading purposes. Revenue Recognition Wholesale revenue is recognized and recorded when a contract is in place, obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. Such revenue is measured as the ultimate amount of consideration the Company expects to receive in exchange for transferring goods including variable consideration. The Company considers transfer of control passes to the wholesale customer upon shipment or upon receipt depending on the agreement with the customer and shipping terms. Control passes to outlet store customers at the time of sale and to substantially all e-commerce customers upon shipment. Prior to January 1, 2021, the requirement for recognizing revenue for e-commerce was met upon delivery to the customer. Factors considered in the transfer of control include the right to payment, transfer of legal title, physical possession and customer acceptance of the goods and whether significant risks and rewards for the goods belong with the customer. The Company records estimates of variable consideration, which includes sales returns, markdowns, volume-based programs and sales and cash discount allowances as a reduction of revenue in the same period that the sales are recorded. These estimates are based upon the expected value method considering all reasonably available information including historical analysis, customer agreements and/or currently known factors that arise in the normal course of business. Returns, discounts and allowances have historically been within the Company’s expectations and the provisions established. The future provisional rates may differ from those experienced in the past. Taxes imposed by governmental authorities on the Company's revenue-producing activities with customers, such as sales taxes and value added taxes, are excluded from net sales. The Company’s sale of smart watches contains multiple performance obligations. The Company allocates revenue to each performance obligation using the relative standalone selling price method. The Company determines the standalone selling prices based on the prices charged to customers. Amounts allocated to the delivered smart watch collections and the related essential software are recognized at the time of sale. The Company’s smart watch collections have been available in limited quantities and in limited distribution, and, as a result, the amounts related to cloud service and app updates were immaterial to all periods presented and thereby recognized at time of sale. The Company has considered each transaction to sell goods as separate and distinct, with no additional promises made. The Company uses the understanding of what the customer expects to receive as the final product to determine whether goods or services should be combined and accounted for as a single performance obligation. The Company does no t incur significant costs to obtain or fulfill its contracts. Cost of Sales Cost of sales of the Company’s products consist primarily of costs for raw materials, component costs, royalties, depreciation, amortization, assembly costs, shipping to customers, design costs and unit overhead costs associated with the Company’s supply chain operations predominately in Switzerland and Asia. The Company’s supply chain operations consist of logistics management of assembly operations and product sourcing predominately in Switzerland and Asia and minor assembly in Switzerland. The Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches, as well as certain Calvin Klein watch styles, are purchased from three suppliers, one of which is a wholly-owned subsidiary of one of the Company’s competitors. That competitive supplier announced in February 2021 that it will no longer sell mechanical Swiss movements to third parties, although it continues to sell Swiss quartz movements. As a result of this development, the Company currently sources all of its mechanical Swiss movements from a single supplier. Although mechanical movements are only used in a relatively small number of the Company’s watch styles, the elimination of a source of supply could make it more difficult for the Company to satisfy its requirements for mechanical movements. Selling, General and Administrative (“SG&A”) Expenses The Company’s SG&A expenses consist primarily of marketing, selling, distribution, general and administrative expenses. Marketing expenditures are based principally on overall strategic considerations relative to maintaining or increasing market share in markets that management considers to be crucial to the Company’s continued success as well as on general economic conditions in the various markets around the world in which the Company sells its products. Marketing expenses include salaries, various forms of media advertising, digital advertising (including social media), customer acquisition costs and co-operative advertising with customers and distributors and other point of sale marketing and promotion spending. Selling expenses consist primarily of salaries, sales commissions, salesforce travel and related expenses, credit card fees, depreciation and amortization, expenses associated with the Company’s annual worldwide customer conference, and other industry trade shows and operating costs incurred in connection with the Company’s retail business. Sales commissions vary with overall sales levels. Retail selling expenses consist primarily of payroll and related expenses and store occupancy costs. Distribution expenses consist of costs of running distribution centers and customer service, and include primarily salaries, rental and other occupancy costs, security, depreciation and amortization of furniture and leasehold improvements and shipping supplies. General and administrative expenses consist primarily of salaries and other employee compensation including performance-based compensation, employee benefit plan costs, office rent, management information systems costs, professional fees, bad debts, depreciation and amortization of furniture, computer software, leasehold improvements, amortization of finite-lived intangible assets, patent and trademark expenses and various other general corporate expenses. Warranty Costs All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase. In addition, the warranty period is five years for the gold plating for Movado watch cases and bracelets. When changes in warranty costs are experienced, the Company will adjust the warranty liability as required. The Company records an estimate for future warranty costs based on historical repair costs. Warranty costs have historically been within the Company’s expectations and the provisions established. If such costs were to substantially exceed estimates, they could have an adverse effect on the Company’s operating results. Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2022, 2021 and 2020 was as follows (in thousands): 2022 2021 2020 Balance, beginning of year $ 2,411 $ 2,634 $ 2,703 Provision charged to operations 1,885 1,760 2,203 Settlements made ( 2,182 ) ( 1,983 ) ( 2,272 ) Balance, end of year $ 2,114 $ 2,411 $ 2,634 Pre-opening Costs Marketing and administrative costs associated with the opening of retail stores are expensed in the period incurred. Marketing The Company expenses the production costs of an advertising campaign at the commencement date of the advertising campaign. Included in marketing expenses are costs associated with co-operative advertising, media advertising, digital advertising, customer acquisition costs, production costs, costs of point of sale materials and displays and internal payroll related costs. These costs are recorded as SG&A expenses. The Company participates in co-operative advertising programs on a voluntary basis and receives a “separately identifiable benefit in exchange for the consideration.” Since the amount of consideration paid to the retailer does not exceed the fair value of the benefit received by the Company, these costs are recorded as SG&A expenses as opposed to being recorded as a reduction of revenue. Marketing expense for fiscal 2022, 2021 and 2020 was $ 119.1 million, $ 85.5 million and $ 135.3 million, respectively. Included in other current assets and non-current assets in the consolidated balance sheets are the costs of certain prepaid advertising, including principally product displays and point of sale materials and to a lesser extent licensing agreements and sponsorships. Prepaid advertising accounted for $ 0.6 million and $ 6.6 million in other current assets at January 31, 2022 and 2021, respectively. Prepaid advertising accounted for $ 3.3 million and $ 2.6 million in other non-current assets at January 31, 2022 and 2021, respectively. Shipping and Handling Costs Amounts charged to customers for shipping and handling were $ 1.9 million, $ 1.6 million and $ 2.5 million for fiscal years 2022, 2021 and 2020, respectively. The costs related to shipping and handling were $ 13.0 million, $ 10.0 million and $ 12.8 million for fiscal years 2022, 2021 and 2020, respectively. The amounts charged and incurred by the Company related to shipping and handling are included in net sales and cost of goods sold, respectively. Income Taxes The Company, under ASC Topic 740, follows the asset and liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax laws and tax rates in each jurisdiction where the Company operates and applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities due to a change in tax rates is recognized in income in the period that includes the enactment date. In addition, the amounts of any future tax benefits are reduced by a valuation allowance to the extent such benefits are not expected to be realized on a more-likely-than-not basis. The Company calculates estimated income taxes in each of the jurisdictions in which it operates. This process involves estimating actual current tax expense along with assessing temporary differences resulting from differing treatment of items for both book and tax purposes. The Company follows guidance for accounting for uncertainty in income taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements and prescribes a recognition threshold and measurement standard for the financial statement recognition and measurement of an income tax position taken or expected to be taken in a tax return. This guidance also provides guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transitions. Interest and penalties, if any, related to unrecognized tax benefits are recorded as income tax expense in the consolidated statement of operations and as deferred tax liabilities in the consolidated balance sheet. The Company elected to account for the tax on GILTI as a period cost and therefore has not recorded deferred taxes related to GILTI. Earnings Per Share 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): Fiscal Years Ended January 31, 2022 2021 2020 Weighted average common shares outstanding: Basic 23,190 23,239 23,123 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 489 — 174 Diluted 23,679 23,239 23,297 For the fiscal years ended January 31, 2022, 2021 and 2020, approximately 237,000 , 904,000 and 447,000 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 fiscal year ended January 31, 2021, the Company also had approximately 110,000 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. Stock-Based Compensation The Company utilizes the Black-Scholes option-pricing model which requires that certain assumptions be made to calculate the fair value of each option at the grant date. The expected life of stock option grants is determined using historical data and represents the time peri

Impact of the COVID-19 Pandemic

Impact of the COVID-19 Pandemic	12 Months Ended
	Jan. 31, 2022
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. Various containment and mitigation measures that have at times been imposed by governmental and other authorities around the world (such as quarantines and other social distancing requirements) have adversely affected sales of our products, given that those sales are heavily dependent on customer traffic in traditional retail stores, such as those of our wholesale partners, and our Company stores. Such measures have also adversely impacted our supply chain, resulted in late deliveries and have increased shipping costs. In addition, during the 2021 fiscal year and continuing through 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 COVID-19 pandemic's adverse impact on the Company has significantly diminished in recent quarters, the full magnitude of the effects on the Company’s business is difficult to predict at this time and the 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. 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	12 Months Ended
	Jan. 31, 2022
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.

Joint Ventures

Joint Ventures	12 Months Ended
	Jan. 31, 2022
Joint Venture [Abstract]
Joint Ventures	NOTE 4 – JOINT VENTURES India In order to more cost effectively market and distribute the Company’s products to customers in India, on October 4, 2021, the Company entered into a joint venture agreement with Bizotico, an Indian company that historically distributed certain of the Company’s products in that country. The agreement governs the establishment of a joint venture, MGI Distribution Private Limited (“MGI India”), and sets out the terms governing the Company’s and Bizotico’s relationship as shareholders of MGI India, and terms on which the joint venture will be managed. On January 24, 2022, the Company contributed approximately 89 million Indian rupees (equivalent to approximately $ 1.2 million US dollars) to the joint venture and became an 80 % shareholder and the minority shareholder Bizotico contributed approximately 22 million Indian rupees (equivalent to approximately $ 0.3 million US dollars). The Company controls all of the significant participating rights of the joint venture. As the Company controls all of the significant participating rights of the joint venture and is the majority interest holder in MGI India, the assets, liabilities and results of operations of the joint venture are consolidated and included in the Company’s Consolidated Financial Statements since the date of establishment within the Watch and Accessory Brands segment. Bizotico’s interest is reflected in Net income attributable to noncontrolling interest in the Consolidated Statements of Operations and Noncontrolling interest in the Consolidated Balance Sheets. As of January 31, 2022, all amounts in the Consolidated Financial Statements related to MGI India were immaterial. Australia On November 22, 2019, the Company entered into an agreement and formed a joint venture with GDL Accessories PTY Ltd. (“GDL”), an Australian based company which distributed the Company’s products in Australia and New Zealand. The agreement established a joint venture, MGDL Distribution Pty Ltd (“MGDL”), and set out the terms in which both parties will govern their relationship as shareholders of MGDL, and terms on which the joint venture will be managed. The joint venture was formed to more cost effectively market and distribute Movado products to customers in Australia and in New Zealand. The Company contributed 0.9 million Australian dollars (equivalent to approximately $ 0.6 million U.S. dollars) to the joint venture and is a 51 % interest holder. The Company controls all of the significant participating rights of the joint venture. As the Company controls all of the significant participating rights of the joint venture and is the majority interest holder in MGDL, the assets, liabilities and results of operations of the joint venture are consolidated and included in the Company’s Consolidated Financial Statements since the date of acquisition within the Watch and Accessory Brands segment. GDL’s interest is reflected in Net income attributable to noncontrolling interest in the Consolidated Statements of Operations and Noncontrolling interest in the Consolidated Balance Sheets. As of January 31, 2021, all amounts in the Consolidated Financial Statements related to MGDL were immaterial.

Restructuring Provision

Restructuring Provision	12 Months Ended
	Jan. 31, 2022
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 substantially completed during the second quarter of fiscal 2021, although cash severance will be paid over a period of time with the final $ 0.2 million to be paid in fiscal 2023. Of the total $ 12.6 million provision incurred in fiscal 2021, $ 8.5 million has been paid out through fiscal 2022 ($ 6.7 million of which was paid out during fiscal 2021), approximately $ 0.2 million is expected to result in cash payments during fiscal 2023 with the remaining $ 0.1 million resulting in non-cash use ($ 0.7 million and $ 2.1 million had been used in fiscal 2022 and 2021, respectively). 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 twelve months ended January 31, 2022 (in thousands): Balance January 31, 2021 Recovery Non-Cash Use Cash Payments Balance January 31, 2022 Restructuring Plan: Severance and Employee Related (1) $ 2,378 $ ( 133 ) $ ( 343 ) $ ( 1,722 ) $ 180 Other 51 ( 5 ) ( 36 ) ( 10 ) — Other Corporate Initiatives: Severance and Employee Related — — — — — Inventory (3) 407 — ( 300 ) — 107 Accounts receivable (4) 926 ( 926 ) — — — Other 19 — — ( 19 ) — Total $ 3,781 $ ( 1,064 ) $ ( 679 ) $ ( 1,751 ) $ 287 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 twelve months ended January 31, 2021 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance January 31, 2021 Restructuring Plan: Severance and Employee Related $ — $ 7,331 $ — $ ( 4,953 ) $ 2,378 Other (2) — 975 ( 315 ) ( 609 ) 51 Other Corporate Initiatives: Severance and Employee Related — 923 — ( 923 ) — Inventory (3) — 691 ( 284 ) — 407 Accounts receivable (4) — 926 — — 926 Other (2) — 1,783 ( 1,517 ) ( 247 ) 19 Total $ — $ 12,629 $ ( 2,116 ) $ ( 6,732 ) $ 3,781 The following amounts are included in the Consolidated Balance Sheet at January 31, 2022: (1) $ 0.2 million included in Accrued payroll and benefits. (2) Balance included in Accrued liabilities. Included in non-cash use is approximately a $ 1.5 million write-off related to unrefunded deposits for a canceled global customer event. (3) Reserve included in Inventories. (4) During fiscal 2022, the Company collected fully on a customer account previously reserved as part of the corporate initiative. The reserve had been included in Trade receivables, net. The corporate initiative costs by operating segment are as follows: For the Twelve Months Ended January 31, 2022 (Income) For the Twelve Months Ended January 31, 2021 Provision Watch and Accessory Brands: United States $ ( 99 ) $ 7,994 International ( 965 ) 4,635 Total Watch and Accessory Brands ( 1,064 ) 12,629 Total Company Stores — — Total Consolidated $ ( 1,064 ) $ 12,629 Cost of sales $ - $ 735 Selling, general and administrative ( 1,064 ) 11,894 Total $ ( 1,064 ) $ 12,629

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jan. 31, 2022
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 fiscal 2022. The changes in the carrying amount of other intangible assets during the fiscal years ended January 31, 2022, 2021 and 2020 are as follows (in thousands): Trade names Customer Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2019 $ 34,771 $ 12,181 $ 1,231 $ 48,183 Additions — — 255 255 Amortization ( 3,723 ) ( 1,991 ) ( 377 ) ( 6,091 ) Foreign exchange impact 27 ( 36 ) 21 12 Balance at January 31, 2020 31,075 10,154 1,130 42,359 Impairment ( 18,595 ) ( 3,570 ) — ( 22,165 ) Additions — — 164 164 Amortization ( 1,888 ) ( 1,656 ) ( 295 ) ( 3,839 ) Foreign exchange impact 268 240 54 562 Balance at January 31, 2021 10,860 5,168 1,053 17,081 Additions — — 291 291 Amortization ( 1,633 ) ( 1,685 ) ( 258 ) ( 3,576 ) Foreign exchange impact ( 127 ) ( 134 ) ( 28 ) ( 289 ) Balance at January 31, 2022 $ 9,100 $ 3,349 $ 1,058 $ 13,507 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand. The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending January 31, (in thousands) 2023 $ 3,494 2024 2,603 2025 1,969 2026 1,958 2027 1,924 Thereafter 1,559 Total estimated future amortization expense $ 13,507

Inventories

Inventories	12 Months Ended
	Jan. 31, 2022
Inventory Disclosure [Abstract]
Inventories	NOTE 7 – INVENTORIES Inventories consisted of the following (in thousands): As of January 31, 2022 2021 Finished goods $ 128,119 $ 117,382 Component parts 29,759 30,599 Work-in-process 2,405 4,599 $ 160,283 $ 152,580 The Company corrected the previously disclosed balances of Finished goods and Component parts to increase Finished goods by $ 10.1 million and reduce Component parts by a corresponding amount.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Jan. 31, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	NOTE 8 – PROPERTY, PLANT AND EQUIPMENT A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands): As of January 31, 2022 2021 Estimated Useful Lives Land and buildings $ 1,288 $ 1,311 40 years for buildings Furniture and equipment 57,405 56,808 4 to 10 years Computer software 33,006 31,323 5 to 10 years Leasehold improvements 38,831 37,957 Lesser of lease term or useful life Design fees and tooling costs 2,044 3,176 3 years 132,574 130,575 Less: Accumulated depreciation and ( 113,104 ) ( 108,226 ) Property, plant and equipment, net $ 19,470 $ 22,349 Depreciation and amortization expense from operations related to property, plant and equipment for fiscal 2022, 2021 and 2020 was $ 8.6 m illion, $ 10.0 million and $ 10.1 million, respectively, which includes computer software amortization expense for fiscal 2022, 2021 and 2020 of $ 1.6 mi llion, $ 2.1 million and $ 2.4 million, respectively.

Debt and Lines of Credit

Debt and Lines of Credit	12 Months Ended
	Jan. 31, 2022
Debt Disclosure [Abstract]
Debt and Lines of Credit	NOTE 9 – 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 28, 2026 ; reinstates the 0 % LIBOR floor; reduces the commitment fee at certain leverage ratio levels; allows the Company to net up to $ 25 million of unrestricted cash and cash equivalents held in U.S. accounts from total debt for purposes of determining the leverage ratio for financial covenant and other purposes; and increases the Company's general basket for making investments under the Credit Agreement's operating covenants. As of January 31, 2022, and January 31, 2021, there was zero and $ 21.2 million (of which $ 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 January 31, 2022 and January 31, 2021. At January 31, 2022, the letters of credit have expiration dates through May 31, 2022 . As of January 31, 2022, and January 31, 2021, availability under the Facility was $ 99.7 million and $ 78.5 million, respectively. The Company had weighted average borrowings under the Facility of $ 4.8 million and $ 53.1 million, with a weighted average interest rate of 2.79 % and 2.59 % during fiscal 2022 and 2021, respectively. Borrowings under the Credit Agreement bear interest at rates based on either LIBOR (or comparable or successor rate) or a specified base rate, as selected periodically by the Company. The LIBOR-based loans bear interest at LIBOR plus a spread ranging from 1.00 % to 1.75 % per annum and the base rate loans bear interest at the base rate plus a spread ranging from 0 % to 0.75 % per annum, with the spread in each case being based on the Company’s consolidated leverage ratio (as defined in the Credit Agreement). As of January 31, 2022, the Company’s spreads were 1.00 % over LIBOR and 0.00 % over the base rate. As of January 31, 2021, the Company’s spreads were 2.75 % over LIBOR and 1.75 % over the base rate. The borrowings under the Facility are joint and several obligations of the Borrowers and are also cross-guaranteed by each Borrower, except that the Swiss Borrowers are not liable for, nor do they guarantee, the obligations of the U.S. Borrowers. In addition, the Borrowers’ obligations under the Facility are secured by first-priority liens, subject to permitted liens, on substantially all of the U.S. Borrowers’ assets other than certain excluded assets. The Swiss Borrowers do not provide collateral to secure the obligations under the Facility. The security agreement contains customary representations and warranties and covenants relating to the creation and perfection of security interests in favor of the Agent over various categories of the U.S. Borrowers’ assets. The Credit Agreement contains affirmative and negative covenants binding on the Company and its subsidiaries that are customary for credit facilities of this type, including, but not limited to, restrictions and limitations on the incurrence of debt and liens, dispositions of assets, capital expenditures, dividends and other payments in respect of equity interests, the making of loans and equity investments, mergers, consolidations, liquidations and dissolutions, and transactions with affiliates (in each case, subject to various exceptions). A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of January 31, 2022, and 2021, these lines of credit totaled 6.5 million Swiss Francs for both periods, with a dollar equivalent of $ 7.0 million and $ 7.3 million, respectively. As of January 31, 2022, and 2021, there were no borrowings against these lines. As of January 31, 2022, and 2021, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $ 1.2 million and $ 1.3 million, respectively, in various foreign currencies, of which $ 0.6 million, in both periods, was a restricted deposit as it relates to lease agreements. During fiscal 2022, the Company incurred and capitalized $ 0.4 million of fees related to the amendment done in fiscal 2022 described above. In addition, during fiscal 2021, the Company incurred and capitalized $ 0.3 million of fees related to the amendment. These fees, along with the unamortized fees of $ 1.0 million paid related to the amendment done in fiscal 2019 and the base Credit Agreement, are being amortized on a straight-line basis over 60 months , the revised term of the facility and are included in other non-current assets on the consolidated balance sheets. Cash paid for interest, including unused commitment fees, during fiscal 2022, 2021 and 2020 was $ 0.4 million, $ 1.7 million and $ 0.7 million, respectively.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Jan. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 10 – DERIVATIVE FINANCIAL INSTRUMENTS The Company addresses certain financial exposures that include the use of derivative financial instruments. The Company enters into foreign currency forward contracts to reduce the effects of fluctuating foreign currency exchange rates. As of January 31, 2022, the Company's net forward contracts hedging portfolio designated as qualified cash flow hedging instruments consisted of 18.0 million Euros equivalent with various expiry dates ranging through May 27, 2022 . The net gain or loss on the derivatives is reported as a component of accumulated other comprehensive income/(loss) and reclassified into earnings in the same period during which the hedged transaction affects earnings using the same revenue or expense category that the hedged item impacted. The Company also enters into foreign currency forward contracts not designated as qualified hedges in accordance with ASC 815, Derivatives and Hedging. As of January 31, 2022, the Company’s net forward contracts hedging portfolio not designated as qualified hedges consisted of 7.4 million Chinese Yuan equivalent, 28.0 million Swiss Francs equivalent, 16.2 million US dollars equivalent, 19.5 million Euros equivalent and 1.5 million British Pounds equivalent with various expiry dates ranging through July 1 3 , 2022 . 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, 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 . The following table presents the fair values of the Company's derivative financial instruments included in the consolidated balance sheets as of January 31, 2022 and 2021 (in thousands): Asset Derivatives Liability Derivatives Balance 2022 2021 Balance 2022 2021 Derivatives designated as hedging instruments: Foreign Exchange Contracts Other Current $ 154 $ — Accrued $ 30 $ — Total Derivative Instruments $ 154 $ — $ 30 $ — Asset Derivatives Liability Derivatives Balance 2022 2021 Balance 2022 2021 Derivatives not designated as hedging Foreign Exchange Contracts Other Current $ 43 $ — Accrued $ 140 $ 13 Total Derivative Instruments $ 43 $ — $ 140 $ 13 As of January 31, 2022 and 2021, the balance of net deferred gains on derivative financial instruments designated as cash flow hedges included in accumulated other comprehensive income were $ 0.2 million and zero , respectively. For the fiscal years ended January 31, 2022 and 2021, the Company did no t reclassify amounts from accumulated other comprehensive income to earnings. No ineffectiveness has been recorded in fiscal year 2022. See Note 11 - Fair Value Measurements for further information about how fair value of derivative assets and liabilities are determined.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jan. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]
Fair Value Measurements	NOTE 11 - 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 January 31, 2022 and 2021 (in thousands): Fair Value at January 31, 2022 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 249 $ — $ — $ 249 Short-term investment Other current assets 164 — — 164 SERP assets - employer Other non-current assets 772 — — 772 SERP assets - employee Other non-current assets 47,261 — — 47,261 Defined benefit plan assets (1) Other non-current liabilities — — 29,096 29,096 Hedge derivatives Other current assets — 197 — 197 Total $ 48,446 $ 197 $ 29,096 $ 77,739 Liabilities: SERP liabilities - employee Other non-current liabilities $ 47,261 $ — $ — $ 47,261 Hedge derivatives Accrued liabilities — 170 — 170 Total $ 47,261 $ 170 $ — $ 47,431 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 (1) 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 (1) See Note 19 for a discussion of the fair value of the assets held in the Company’s defined benefit plan in Switzerland. 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 consist of cash flow hedging instruments and forward contracts (see Note 10 for further discussion) and 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, due to the availability and floating rate for similar instruments. The Company sponsors a defined 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 assets and other non-current liabilities in the consolidated balance sheets at January 31, 2022 and January 31, 2021, respectively. 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 companies in media, entertainment, information technology and technology-related fields and in digital assets. During fiscal 2022, the Company invested approximately $ 2.0 million in a privately held company and in venture capital funds (see Note 12 - 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 fiscal 2022. The amounts are recorded in Other non-current assets in the Consolidated Balance Sheet at January 31, 2022.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 12 – COMMITMENTS AND CONTINGENCIES Licensing Agreements: 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. As of January 31, 2022, the total amount of the Company’s minimum commitments related to its license agreements and endorsement agreements was $ 283.2 million, payable in the next five years . Purchase Obligations: The Company had outstanding purchase obligations of $ 118.2 million with suppliers at the end of fiscal 2022 primarily for raw materials, finished watches and packaging in the normal course of business. These purchase obligation amounts do not represent total anticipated purchases but represent only amounts to be paid for items required to be purchased under agreements that are enforceable, legally binding and specify minimum quantity, price and term . Tax: The Company had previously recorded an obligation of $ 28.2 million due to the Tax Cuts and Jobs Act, which was signed into law on December 22, 2017 and imposed a one-time mandatory deemed repatriation tax on cumulative undistributed foreign earnings which have not been previously taxed. The obligation, which was recorded in prior years, is payable in installments over eight years , with the first payment having been made in the second quarter of fiscal 2019. At January 31, 2022, the Company had an outstanding obligation of $ 19.2 million. 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. See Note 14 – Income Taxes for more information. Acquisition Related: The acquisition of MVMT Watches, Inc in October 2018, included two future contingent payments based on the MVMT brand achieving certain revenue and EBITDA (as defined in the acquisition agreement) targets that combined could total up to $ 100 million. In connection therewith, the Company had recorded a non-current liability of $ 16.5 million as of the date of acquisition to reflect the estimated fair value of the contingent purchase price. $ 14.5 million was allocated to purchase price and $ 2.0 million to deferred compensation expense based on future employee service requirements. 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; $ 15.4 million of which was included in non-operating income (portion of contingent consideration allocated to purchase price including interest accretion) in the Consolidated Statements of Operations for the year ended January 31, 2020, and $ 1.5 million reduction in deferred compensation in the Consolidated Balance Sheets at January 31, 2020. Investments: 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 companies in media, entertainment, information technology and technology-related fields and in digital assets. During fiscal 2022, the Company committed to invest up to $ 21.5 million in such investments. The Company funded approximately $ 2.0 million of these commitments in fiscal 2022 and may be called upon to satisfy capital calls in respect of the remaining $ 19.5 million in such commitments at any time during a period generally ending ten years after the first capital call in respect of a given commitment. Litigation: 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. 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. 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 while the special tariff applies to all China-sourced watch bands, the special tariff does not apply to China-sourced watch cases imported as part of such 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. In addition to the above matters, as of January 31, 2022, the Company is involved in other 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.

Leases

Leases	12 Months Ended
	Jan. 31, 2022
Leases [Abstract]
Leases	NOTE 13 – LEASES The Company leases certain real estate properties, vehicles and equipment in various countries around the world. Leased properties are typically used for retail space, office, warehouse and distribution. The Company evaluates contractual arrangements at inception to determine if individual agreements are a lease or contain an identifiable lease component. When evaluating contracts to determine appropriate classification and recognition, significant judgment may be necessary to determine, among other criteria, if an embedded leasing arrangement exists, the length of the term, classification as either an operating or financing lease and whether renewal or termination options are reasonably certain to be exercised. Lease assets represent the right to use an underlying asset for the lease term, and lease liabilities represent the obligation to make lease payments arising from the lease. These assets and liabilities are recognized on the lease commencement date based on the present value of lease payments over the lease term calculated using the Company’s incremental borrowing rate, adjusted for the lease term and lease country, unless the implicit rate is readily determinable. Lease assets also include any upfront lease payments made and are reduced by lease incentives. The Company’s leases are classified as operating leases with remaining terms of 1 to 10 years , some of which include an option to extend or renew. If the exercise of an option to extend or renew is determined to be reasonably certain, the associated right-of-use asset and liability reflects the extended period of payments. Lease expense for operating leases consist of both fixed and variable components. Expenses related to fixed lease payments are recognized on a straight-line basis over the lease term. Variable lease payments are generally expensed as incurred and include certain index-based changes in rent, certain non-lease components such as maintenance and other services provided by the lessor and other charges included in the lease. The variable portion of lease payments is not included in the Company’s lease liabilities. Short-term leases are leases having a term of 12 months or less at inception. The Company does not record a related lease asset or liability for short-term leases. The depreciable life of lease assets and leasehold improvements is limited by the expected lease term, unless there is a transfer of title or purchase option reasonably certain of exercise. As a result of the COVID-19 pandemic, the Company received lease concessions during fiscal 2021 from landlords in the form of rent deferrals and rent forgiveness. The Company chose the policy election provided by the FASB in April 2020 to record rent concessions as if no modifications to lease contracts were made, and thus no changes to the ROU assets and ROU liabilities were recorded for these concessions. This guidance is only applicable to COVID-19 related lease concessions that do not result in a substantial increase in the rights of the lessor or the obligations of the lessee. The Company received rent forgiveness of $ 1.1 million for fiscal year 2021. The components of lease expense were as follows (in thousands): Lease Expense Consolidated Statements of For the Year Ended January 31, 2022 For the Year Ended January 31, 2021 For the Year Ended January 31, 2020 Operating lease expense SG&A $ 18,856 $ 18,533 $ 19,301 Short-term lease cost SG&A 412 601 736 Variable lease cost SG&A 10,839 9,051 9,229 Total operating lease expense $ 30,107 $ 28,185 $ 29,266 Finance lease cost: Amortization of right-of-use assets SG&A $ 117 $ 117 $ 117 Interest on lease liabilities Interest expense $ 4 $ 9 $ 13 The following table discloses supplemental balance sheet information for the Company’s leases (in thousands): Leases Consolidated Balance Sheets Location January 31, 2022 January 31, 2021 Assets Operating Operating lease right-of-use assets $ 68,599 $ 76,070 Finance Other non-current assets $ 49 $ 166 Liabilities Current: Operating Current operating lease liabilities $ 13,693 $ 15,861 Finance Accrued liabilities $ 49 $ 121 Noncurrent: Operating Non-current operating lease liabilities $ 62,730 $ 68,412 Finance Other non-current liabilities $ - $ 49 The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases: Lease Term and Discount Rate January 31, 2022 January 31, 2021 January 31, 2020 Weighted-average remaining lease term - in years Operating leases 6.2 6.5 7.4 Finance leases 0.4 1.4 2.4 Weighted-average discount rate: Operating leases 3.90 % 3.78 % 3.71 % Finance leases 3.86 % 3.86 % 3.86 % Future minimum lease payments by year as of January 31, 2022 were as follows (in thousands): Fiscal Year Operating Leases Finance Leases 2023 $ 16,374 $ 49 2024 15,634 - 2025 13,189 - 2026 10,192 - 2027 9,767 - Thereafter 21,344 - Total lease payments $ 86,500 $ 49 Less: Interest ( 10,077 ) - Total lease obligations $ 76,423 $ 49 Supplemental cash flow information related to leases was as follows (in thousands): Year Ended January 31, 2022 Year Ended January 31, 2021 Year Ended January 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 19,130 $ 19,080 $ 17,637 Operating cash flows from finance leases 4 9 13 Financing cash flows from finance leases 121 116 112 Leased assets obtained in exchange for new operating lease liabilities 8,519 2,940 9,863 Leased assets obtained in exchange for new financing lease liabilities — — 399 As of January 31, 2022, the Company did not have any material operating or finance leases that have been signed but not commenced.

Income Taxes

Income Taxes	12 Months Ended
	Jan. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 14 - INCOME TAXES Income/(loss) before provision/(benefit) for income taxes for the fiscal year ended January 31, 2022, 2021 and 2020 on a legal entity basis consists of the following (in thousands): 2022 2021 2020 U.S. income/(loss) before taxes $ 39,920 $ ( 121,302 ) $ ( 1,226 ) Non-U.S. income/(loss) before taxes 77,413 ( 21,080 ) 58,729 Income/(loss) before income taxes $ 117,333 $ ( 142,382 ) $ 57,503 Cash paid for income taxes during fiscal 2022, 2021 and 2020 was $ 25.3 million, $ 6.1 million and $ 16.0 million respectively. The provision/(benefit) for income taxes for the fiscal years ended January 31, 2022, 2021 and 2020 consists of the following components (in thousands): 2022 2021 2020 Current: U.S. Federal $ 9,249 $ ( 21,657 ) $ 558 U.S. State and Local 1,179 ( 703 ) 905 Non-U.S. 14,555 9,464 9,309 24,983 ( 12,896 ) 10,772 Deferred: U.S. Federal ( 2,145 ) ( 11,139 ) 2,337 U.S. State and Local 2,000 ( 6,321 ) 107 Non-U.S. ( 64 ) ( 832 ) 1,908 ( 209 ) ( 18,292 ) 4,352 Provision/(benefit) for income taxes $ 24,774 $ ( 31,188 ) $ 15,124 Significant components of the Company’s deferred income tax assets and liabilities for the fiscal years ended January 31, 2022 and 2021 are as follows (in thousands): 2022 Deferred Taxes 2021 Deferred Taxes Assets Liabilities Assets Liabilities Net operating loss carryforwards $ 9,479 $ — $ 11,000 $ — Inventory — 377 — 2,292 Unprocessed returns 1,178 — 862 — Receivables allowances 765 — 843 — Deferred compensation 15,764 — 15,567 — Depreciation/amortization 16,545 — 17,434 — Other provisions/accruals 2,087 — 1,657 — Deferred occupancy costs 16,024 14,072 17,064 15,140 Miscellaneous 722 — 1,096 — 62,564 14,449 65,523 17,432 Valuation allowance ( 7,022 ) — ( 7,007 ) — Total deferred tax assets and liabilities $ 55,542 $ 14,449 $ 58,516 $ 17,432 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 of $ 22.0 million on the fiscal 2021 income tax return which was carried back to prior taxable years. As of January 31, 2022, the Company had U.S. state and foreign net operating loss carryforwards of $ 1.3 million and $ 8.2 million, respectively, with expiration dates ranging from 1 - 10 years and some foreign jurisdictions with an indefinite carryforward period. Of the foreign net operating losses, $ 3.4 million is related to China, $ 1.7 million is related to Germany and the remaining is related to other foreign countries. A valuation allowance is required to be established unless management determines it is more likely than not that the Company will ultimately utilize the tax benefit associated with a deferred tax asset. The Company has foreign valuation allowances of $ 7.0 million, which are primarily related to net operating loss carryforwards. Management will continue to evaluate the appropriate level of valuation allowance on all deferred tax assets considering such factors as prior earnings history, expected future earnings, carryback and carryforward periods and tax and business strategies that could potentially enhance the likelihood of realization of the deferred tax assets. The provision/(benefit) for income taxes for the fiscal years ended January 31, 2022, 2021 and 2020 differs from the U.S. federal statutory rate due to the following (in thousands): Fiscal Year Ended January 31, 2022 2021 2020 Provision/(benefit) for income taxes at the U.S. statutory rate $ 24,640 $ ( 29,900 ) $ 12,076 Lower effective non-U.S. income tax rate ( 1,366 ) ( 74 ) ( 1,876 ) State and local taxes, net of federal benefit 2,511 ( 5,549 ) 800 GILTI, net of foreign tax credits 77 — 2,703 Impairment of goodwill and intangible assets — 11,694 — Impact of CARES Act ( 1,532 ) ( 10,231 ) — Compensation and benefits 1,130 976 93 Other permanent differences ( 209 ) 173 399 Other, net ( 477 ) 1,723 929 Total provision/(benefit) for income taxes $ 24,774 $ ( 31,188 ) $ 15,124 The effective tax rate for fiscal 2022 was 21.1 %, and differed from the U.S. statutory tax rate of 21.0 % primarily due to U.S. state and local taxes, net of federal benefit, partially offset by the CARES Act NOL Carryback Provision and related tax effects and foreign profits being taxed in lower taxing jurisdictions. The effective tax rate for fiscal 2021 was 21.9 % and differed from the U.S. statutory tax rate of 21.0 % primarily due to the CARES Act NOL Carryback Provision and related tax effects, and U.S. state net operating loss carryforwards generated in fiscal 2021, partially offset by impairments of the portion of goodwill of the Watch and Accessory Brands reporting unit which is not tax deductible. Tax incentives have been granted to the Company for an entity located in Switzerland as a result of the Federal Act on Tax Reform and AHV Financing (“TRAF”). TRAF introduced two transition methods to provide relief to companies which had an expiring preferential tax regime: the dual rate method and the step-up method. The Company adopted the dual rate method which allows a reduction in the cantonal statutory tax rate through 2025 which does not have a material impact on the Company’s earnings per share. The Company conducts business globally and, as a result, is subject to income taxes in the U.S. federal, state, local and foreign jurisdictions. In the normal course of business, the Company is subject to examinations by taxing authorities in many countries, such as Germany, Hong Kong, Switzerland and the United States. The Company is no longer subject to income tax examination for years ended prior to January 31, 2018, with few exceptions. A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (exclusive of interest) for the fiscal years ended January 31, 2022, 2021 and 2020 are as follows (in thousands): 2022 2021 2020 Beginning balance $ 901 $ 826 $ 1,351 Tax positions taken in the current year 159 204 106 Tax positions taken in prior years - ( 26 ) ( 125 ) Lapse of statute of limitations ( 166 ) ( 119 ) ( 114 ) Settlements - - ( 389 ) Non-U.S. currency exchange fluctuations ( 18 ) 16 ( 3 ) Ending balance $ 876 $ 901 $ 826 Included in the balances at January 31, 2022, January 31, 2021 and January 31, 2020 are $ 0.8 million, $ 0.8 million and $0 .8 million, of unrecognized tax benefits which would impact the Company’s effective tax rate, if recognized. As of January 31, 2022, January 31, 2021 and January 31, 2020, the Company had $ 0.3 million, $ 0.4 million and $ 0.5 million, respectively, of accrued interest (net of tax benefit) and penalties related to unrecognized tax benefits. Interest (net of tax benefit) and penalties accrued in fiscal years 2022, 2021 and 2020 were immaterial. The Company does not anticipate any significant increases or decreases to unrecognized tax benefits during the next twelve months. At January 31, 2022, the Company had no deferred tax liability for the undistributed foreign earnings of approximately $ 295.8 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.

Treasury Stock

Treasury Stock	12 Months Ended
	Jan. 31, 2022
Equity [Abstract]
Treasury Stock	NOTE 15 – 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 current 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 fiscal year ended January 31, 2022, the Company repurchased a total of 686,559 shares of its common stock under the March 25, 2021 share repurchase program at a total cost of $ 22.6 million, or an average of $ 32.92 per share. There were no shares repurchased under the November 23, 2021 share repurchase program during the fiscal year ended January 31, 2022. During the fiscal year ended January 31, 2021, the Company did no t repurchase shares of its common stock under the repurchase program. During the fiscal year ended January 31, 2020, the Company repurchased a total of 131,402 shares of its common stock at a total cost of $ 4.2 million, or an average of $ 31.96 per share. At January 31, 2022, $ 2.4 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 87,828 , 49,283 and 43,414 shares of common stock repurchased during the fiscal years ended January 31, 2022, 2021 and 2020, respectively, as a result of the surrender of shares in connection with the vesting of certain stock awards and options. 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	12 Months Ended
	Jan. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income	NOTE 16 – ACCUMULATED OTHER COMPREHENSIVE INCOME The accumulated balances at January 31, 2022, 2021 and 2020, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): 2022 2021 2020 Foreign currency translation adjustments $ 84,725 $ 93,166 $ 85,345 Available-for-sale securities 172 124 124 Hedging contracts 194 — — Unrecognized prior service cost related to defined benefit pension plan ( 287 ) ( 344 ) ( 367 ) Net actuarial gain/(loss) related to defined benefit pension plan 491 ( 406 ) ( 52 ) Total accumulated other comprehensive income $ 85,295 $ 92,540 $ 85,050 There were no amounts reclassified from accumulated other comprehensive income (loss) to operating income (loss) in the Consolidated Statements of Operations during fiscal 2022, 2021 and 2020, respectively.

Revenue

Revenue	12 Months Ended
	Jan. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	NOTE 17 – 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). Fiscal Year Ended January 31, 2022 Fiscal Year Ended January 31, 2021 Fiscal Year Ended January 31, 2020 Customer Type Wholesale $ 541,383 $ 369,031 $ 530,140 Direct to consumer 187,171 134,952 166,877 After-sales service 3,839 2,414 3,949 Net Sales $ 732,393 $ 506,397 $ 700,966 The Company’s revenues 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 20 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 20 – 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 20 – 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	12 Months Ended
	Jan. 31, 2022
Share-based Payment Arrangement [Abstract]
Stock-Based Compensation	NOTE 18 – 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 fiscal years ended January 31, 2022 and January 31, 2021. There were no stock options granted during the fiscal year ended January 31, 2020. Fiscal Year Ended January 31, 2022 Fiscal Year Ended January 31, 2021 Expected volatility 51.61 % 50.66 % Expected life in years 6.0 6.0 Risk-free interest rates 0.89 % 0.39 % Dividend rate 2.90 % 4.07 % Weighted average fair value per option at date of grant $ 10.23 $ 4.86 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 fiscal years ended January 31, 2022, 2021 and 2020 was $ 1.5 million, $ 0.3 million and $ 0.5 million, respectively. As of January 31, 2022, there was $ 2.7 mil lion of unrecognized compensation cost related to unvested stock options. These costs are expected to be recognized over a weighted-average period of 1.9 years . Total cash consideration received for stock option exercises during the fiscal years ended January 31, 2022, 2021 and 2020 was $ 3.5 million, zero and $ 0.2 million, respectively. During fiscal 2022 there were 31,731 shares of common stock of the Company tendered by the employee for the payment of the employee's withholding tax obligation totaling $ 1.4 million. In addition, during the fiscal year ended January 31, 2022, $ 5.1 million of shares were tendered to the Company by the holder of the stock options for the payment of the exercise price of these options. The windfall tax benefit realized on these exercises for fiscal 2022 was $ 0.3 million. The following table summarizes the Company’s stock option plan as of January 31, 2022 and changes during each of the fiscal years in the three-year period ended January 31, 2022: Outstanding Weighted Option Weighted Aggregate Options outstanding at January 31, 264,244 options exercisable) 566,260 $ 28.43 Granted — — Exercised ( 5,150 ) $ 30.36 Cancelled — — Options outstanding at January 31, 399,905 options exercisable) 561,110 $ 28.41 Granted 550,000 $ 15.25 Exercised — — Cancelled — — 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 (a) ( 330,151 ) $ 26.01 $ 16.87 -$ 30.36 Cancelled — — — Options outstanding at January 31, 982,834 $ 21.69 $ 12.42 -$ 42.12 7.5 $ 15,441 Exercisable at January 31, 2022 242,959 $ 31.11 3.5 $ 1,776 Expected to vest at January 31, 691,920 $ 18.49 8.8 $ 12,857 (a) Includes 60,000 options exercised at an exercise price of $ 26.59 per option, 32,600 options exercised at an exercise price of $ 30.34 per option, 43,440 options exercised at an exercise price of $ 27.74 per option and 57,300 options exercised at an exercise price of $ 23.35 per option for which 115,037 shares of common stock of the Company were tendered to the Company by the holder of the stock options for the payment of the exercise price of these options. The table below presents information related to stock option activity for the years ended January 31, 2022, 2021 and 2020: Fiscal Year Ended 2022 2021 2020 (in thousands) Total fair value of stock options exercised $ 3,652 $ - $ 63 Total fair value of stock options vested $ 64 $ 1,475 $ 1,621 Non-vested Stock Options A summary of the Company’s non-vested stock options at January 31, 2022 and changes during fiscal 2022 are presented below: Shares Weight Average Non-vested stock options: Non-vested at January 31, 2021 550,000 $ 4.86 Granted 201,875 $ 10.23 Vested ( 12,000 ) $ 5.31 Non-vested at January 31, 2022 739,875 $ 6.32 Stock Awards: Under the Plan, the Company can also grant stock awards to employees and directors. For fiscal years 2022, 2021 and 2020, compensation expense for stock awards was $ 3.5 million, $ 5.1 million ($ 0.4 is included in the Restructuring Plan of the corporate initiatives) and $ 5.8 million, respectively. As of January 31, 2022, there was $ 3.0 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. Transactions for stock awards under the Plan since fiscal 2019 are summarized as follows: Number of Weighted- Weighted- Aggregate Intrinsic Value Units outstanding at January 31, 2019 447,022 $ 32.27 Units granted 274,133 $ 32.47 Units granted adjustment for fiscal year 2019 grants (a) 20,409 $ 39.95 Units granted adjustment for fiscal year 2020 grants (b) ( 73,067 ) $ 32.91 Units vested ( 151,448 ) $ 29.27 Units forfeited ( 26,810 ) $ 34.80 Units outstanding at January 31, 2020 490,239 $ 33.50 Units granted 171,229 $ 13.30 Units vested ( 212,070 ) $ 26.05 Units forfeited ( 33,404 ) $ 31.20 Units outstanding at January 31, 2021 415,994 $ 29.17 Units granted 129,497 $ 27.82 Units vested ( 234,961 ) $ 31.75 Units forfeited ( 14,247 ) $ 32.21 Units outstanding at January 31, 2022 296,283 $ 26.39 1.7 $ 10,983 (a) Grant adjustment made due to exceeding the fiscal 2019 financial goal. (b) Grant adjustment made due to not reaching the fiscal 2020 financial goal. 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 fiscal 2022, 2021 and 2020 was $ 7.5 million, $ 5.5 million and $ 4.4 million, respectively. There were 56,097 , 49,283 and 43,414 shares of common stock of the Company tendered by the employee for the payment of the employee’s withholding tax obligation totaling $ 1.7 million, $ 0.5 million and $ 1.4 million during the fiscal years ended January 31, 2022, 2021 and 2020, respectively. Unvested stock award units had a total fair value of $ 7.8 million, $ 12.1 million and $ 16.4 million, for fiscal 2022, 2021 and 2020, respectively. The shortfall tax expense o n the vested stock awards for fiscal 2022 was approximately $ 17,000 . The number of shares issued related to the remaining stock awards are established at grant date.

Pension and Retirement Savings

Pension and Retirement Savings Plan	12 Months Ended
	Jan. 31, 2022
Retirement Benefits [Abstract]
Pension and Retirement Savings Plan	NOTE 19 – PENSION AND RETIREMENT SAVINGS PLAN Defined Contribution Plans 401(k) Savings Plan All employees in the United States are eligible to participate in the Company’s Employee Savings and Investment Plan (“401(k) Plan”), a tax-qualified defined contribution retirement savings plan. The Company matches 50 % of each 1 % contributed by the employee up to a maximum of 6 % of pay (totaling a company maximum match of 3 %), subject to the contribution limits imposed by the Internal Revenue Code. Employees vest in the Company match after three years of service. In fiscal 2022, 2021 and 2020, the Company contributed $ 1.1 million, $ 0.3 million and $ 1.3 million, respectively, in cash to the 401(k) Plan. The decrease in fiscal 2021 is due to the Company’s temporary suspension in the Company match from April 2020 to the end of fiscal 2021 in response to the COVID-19 pandemic. The Company match resumed in the first quarter of fiscal 2022. Other Defined Contribution Plans The Company sponsors defined contribution benefit plans for its employees located in Asia, the United Kingdom and Mexico. Company contributions and expenses of administering the plans were $ 0.8 million, $ 0.6 million and $ 0.9 million in fiscal 2022, 2021 and 2020, respectively. The Company maintains a defined contribution Deferred Compensation Plan (also known as a supplemental employee retirement plan or SERP). The SERP provides eligible executives with supplemental retirement benefits in addition to amounts received under the Company’s other retirement plans. The Company makes a matching contribution, up to either 5% or 10% of the executive’s salary, which vests in equal annual installments over five years . Twenty percent of the Company’s matching contribution is in the form of rights to the Company’s common stock. During fiscal 2022, 2021 and 2020, the Company recorded expenses related to the SERP of $ 0.6 million, $ 0.9 million ($ 0.5 million is included in the Restructuring Plan of the corporate initiatives) and $ 0.6 million, respectively. The Company temporarily suspended the matching contribution from April 2020 to the end of fiscal 2021 in response to the COVID-19 pandemic. The Company SERP matches resumed in the first quarter of 2022. Defined Benefit Plan The Company sponsors a defined benefit 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 components of the net periodic pension costs for the fiscal years ended January 31, 2022, 2021 and 2020 are as follows: (Amounts in thousands) 2022 2021 2020 Service cost $ 1,131 $ 1,274 $ 1,121 Interest cost - - 300 Expected return on assets ( 395 ) ( 372 ) ( 205 ) Actuarial gain recognized due to partial settlement - ( 43 ) - Amortization of prior service costs 74 73 68 Net Periodic Pension Cost $ 810 $ 932 $ 1,284 The other components of the net periodic pension costs, expected return on assets, actuarial gain recognized and the amortization of the prior service costs, are all included in other income in fiscal 2022 and fiscal 2021 in the consolidated statement of operations, while the amounts in fiscal 2020, including interest cost, are included in selling, general and administrative expenses in the consolidated statement of operations due to the immateriality of the amounts. During fiscal 2021, the settlements, including lump sum payments, exceeded the sum of the current service cost and interest cost components. Because only a portion of the benefit obligation is settled, the Company recognized in fiscal 2021 a pro rata portion of the unamortized net gain in the net periodic pension cost as a reduction of other components of the net periodic pension cost. The estimated prior service cost that will be amortized from accumulated other comprehensive income into net periodic pension cost in the fiscal year ended January 31, 2023 is $ 0.1 million. A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets are shown below (based on a January 31 measurement date): (Amounts in thousands) 2022 2021 Change in benefit obligation: Pension benefit obligation at beginning of period $ 26,583 $ 24,813 Service cost 1,131 1,274 Interest cost - - Benefits (paid) deposited 515 ( 2,551 ) Employee contributions 760 791 Actuarial losses 397 240 Foreign currency exchange rate impact ( 1,084 ) 2,016 Pension benefit obligation at end of year 28,302 26,583 Change in plan assets: Fair value of plan assets at beginning of period $ 25,837 $ 24,227 Company contributions 1,142 1,187 Benefits (paid) deposited 515 ( 2,551 ) Actual return on plan assets 1,914 220 Employee contributions 760 791 Foreign currency exchange rate impact ( 1,072 ) 1,963 Fair value of plan assets at end of year 29,096 25,837 Funded status - consolidated $ 794 $ ( 746 ) Amounts recognized in the consolidated balance sheets Other non-current assets $ 794 $ - Other non-current liabilities - 746 Amounts recognized in accumulated other Prior service cost 358 448 Net actuarial (gain)/loss ( 618 ) 511 Tax effect 55 ( 209 ) Net amount recognized, after tax $ ( 205 ) $ 750 Accumulated benefit obligation $ 28,142 $ 26,390 Investment Policy: It is the objective of the plan sponsor to maintain an adequate level of diversification to balance market risk, to prudently invest to preserve capital and to provide sufficient liquidity while maximizing earnings for near-term payments of benefits accrued under the plan and to pay plan administrative expenses. The assumption used for the expected long-term rate of return on plan assets is based on the long-term expected returns for the investment mix of assets currently in the portfolio. Historical return trends for the various asset classes in the class portfolio are combined with current and anticipated future market conditions to estimate the rate of return for each class. These rates are then adjusted for anticipated future inflation to determine estimated nominal rates of return for each class. The assets 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 weighted‑average assumptions that were used to determine the Company’s benefit obligations as of the measurement date (January 31) were as follows: 2022 2021 2020 Discount rate 0.20 % 0.00 % 0.00 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 1.50 % The discount rates used are based on high quality AAA- and AA-rated corporate bonds with durations corresponding to the expected durations of the benefit obligations and service time. The weighted‑average assumptions that were used to determine the Company’s net periodic pension cost were as follows: 2022 2021 2020 Discount rate 0.00 % 0.00 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 0.90 % The overall expected long-term rate of return on plan assets is a weighted-average expectation based on the targeted portfolio composition. Historical experience and current benchmarks are considered to arrive at expected long-term rates of return in each asset category. The Company expects the following benefit payments to be paid out for the fiscal years indicated. The expected benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at January 31, 2022 and include estimated future employee service. The Company does not expect any plan assets to be returned to it during the fiscal year ending January 31, 2023. Payments from the pension plan are made from the plan assets. Fiscal Year ending January 31, (in thousands) 2023 $ 255 2024 458 2025 317 2026 305 2027 449 2028-2032 2,570 During fiscal 2023, the Company expects to contribute $ 1.2 million to its Swiss defined benefit plan.

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Jan. 31, 2022
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 20 – SEGMENT AND GEOGRAPHIC INFORMATION The Company follows accounting guidance related to disclosures about segments of an enterprise and related information. This guidance requires disclosure of segment data based on how management makes decisions about allocating resources to segments and measuring their performance. 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 33.9 %, 7.8 %, 6.5 % and 4.5 %, respectively, of the Company’s total net sales for fiscal 2022. For fiscal 2021, the Company’s International operations in Europe, the Middle East, the Americas (excluding the United States) and Asia accounted for 37.4 %, 7.3 %, 6.6 % and 6.3 %, respectively, of the Company’s total net sales. For fiscal 2020, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 33.4 %, 9.0 %, 7.9 % and 6.6 %, respectively, of the Company’s total net sales. A vast majority of the Company’s tangible International assets are owned by the Company’s Swiss and Hong Kong subsidiaries. Operating Segment Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales 2022 2021 2020 Watch and Accessory Brands: Owned brands category $ 249,940 $ 178,173 $ 257,954 Licensed brands category 368,354 262,367 344,681 After-sales service and all other 7,929 6,822 9,763 Total Watch and Accessory Brands 626,223 447,362 612,398 Company Stores 106,170 59,035 88,568 Consolidated total $ 732,393 $ 506,397 $ 700,966 Operating Income/(Loss) 2022 2021 2020 Watch and Accessory Brands $ 85,619 $ ( 152,662 ) $ 29,529 Company Stores 31,872 10,535 13,462 Consolidated total $ 117,491 $ ( 142,127 ) $ 42,991 Total Assets Capital Expenditure 2022 2021 2022 2021 2020 Watch and Accessory Brands $ 701,986 $ 659,681 $ 2,956 $ 2,909 $ 7,616 Company Stores 59,174 59,576 2,700 109 5,097 Consolidated total $ 761,160 $ 719,257 $ 5,656 $ 3,018 $ 12,713 Depreciation and Amortization 2022 2021 2020 Watch and Accessory Brands $ 9,810 $ 11,462 $ 14,013 Company Stores 2,653 2,650 2,368 Consolidated total $ 12,463 $ 14,112 $ 16,381 Geographic Location Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales (6) Operating Income/(Loss) 2022 2021 2020 2022 2021 2020 United States $ 346,092 $ 214,818 $ 302,426 $ 40,476 $ ( 128,430 ) $ ( 22,719 ) International 386,301 291,579 398,540 77,015 ( 13,697 ) 65,710 Consolidated total $ 732,393 $ 506,397 $ 700,966 $ 117,491 $ ( 142,127 ) $ 42,991 Total Assets Property, Plant and Equipment, Net 2022 2021 2022 2021 United States $ 352,806 $ 352,517 $ 13,246 $ 14,792 International 408,354 366,740 6,224 7,557 Consolidated total $ 761,160 $ 719,257 $ 19,470 $ 22,349 (1) Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (2) Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $ 0.1 million and $ 1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company took in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $ 8.0 million and $ 4.6 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. (3) Fiscal 2022, 2021 and 2020 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $ 0.4 million, $ 1.6 million and $ 4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. (4) Fiscal 2022, 2021 and 2020 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $ 2.9 million, $ 2.7 million and $ 2.8 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand. (5) Fiscal 2020 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $ 0.3 million due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives. (6) The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively. (7) The United States operating income/( loss) i ncluded $ 38.7 million, $ 29.1 million and $ 29.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2022, 2021 and 2020, respectively. (8) The International operating income/(loss) included $ 80.5 million, $ 63.0 million and $ 73.3 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
	Jan. 31, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	Schedule II MOVADO GROUP, INC. VALUATION AND QUAL IFYING ACCOUNTS (In thousands) Description Balance at Net provision/(benefit) Currency Net write-offs Balance at Year ended January 31, 2022: Doubtful accounts $ 7,042 $ ( 98 ) (1) $ ( 161 ) $ ( 952 ) $ 5,831 Returns 13,901 31,105 ( 223 ) ( 31,068 ) 13,715 Other sales allowances 8,154 10,798 ( 169 ) ( 9,678 ) 9,105 Deferred tax asset valuation allowance 7,007 1,001 ( 158 ) ( 829 ) 7,021 Total $ 36,104 $ 42,806 $ ( 711 ) $ ( 42,527 ) $ 35,672 Year ended January 31, 2021: Doubtful accounts $ 5,643 $ 1,331 $ 316 $ ( 248 ) $ 7,042 Returns 13,280 31,892 325 ( 31,596 ) 13,901 Other sales allowances 8,801 6,189 251 ( 7,087 ) 8,154 Deferred tax asset valuation allowance 5,481 1,644 538 ( 656 ) 7,007 Total $ 33,205 $ 41,056 $ 1,430 $ ( 39,587 ) $ 36,104 Year ended January 31, 2020: Doubtful accounts $ 5,492 $ 734 $ 69 $ ( 652 ) $ 5,643 Returns 13,034 31,232 71 ( 31,057 ) 13,280 Other sales allowances 7,380 12,612 9 ( 11,200 ) 8,801 Deferred tax asset valuation allowance 5,257 516 ( 169 ) ( 123 ) 5,481 Total $ 31,163 $ 45,094 $ ( 20 ) $ ( 43,032 ) $ 33,205 (1) Includes a $ 0.9 million reversal due to the Company collecting fully on a customer account previously reserved as part of the corporate initiatives.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 31, 2022
Accounting Policies [Abstract]
Organization and Business	Organization and Business Movado Group, Inc. (together with its subsidiaries, the “Company”) designs, sources, markets and distributes quality watches with prominent brands across most price categories of the watch industry. In fiscal 2022, the Company marketed the following distinct brands of watches: Movado, Concord, Ebel, Olivia Burton, MVMT, Coach, Tommy Hilfiger, Hugo Boss, Lacoste, Calvin Klein and Scuderia Ferrari. The Company also designs, sources, markets and distributes jewelry and other accessories under certain of its brands. Movado (with the exception of certain Movado collections), Ebel and Concord watches, as well as a limited number of Calvin Klein watch styles, are manufactured in Switzerland by independent third-party assemblers using Swiss movements and other parts sourced by the Company’s Swiss operations. Movado smart watches include connected technology licensed from third parties that also provide end users with the necessary applications and cloud services. All of the Company’s products are manufactured using components obtained from third party suppliers. Certain Movado collections of watches are manufactured by independent contractors in Asia using Swiss movements. Coach, Hugo Boss, Lacoste, Olivia Burton, MVMT, Scuderia Ferrari, Tommy Hilfiger and most Calvin Klein watches are manufactured by independent contractors in Asia. The Company’s jewelry and other accessories are manufactured by independent contractors in Asia and, to a lesser extent, the United States. In addition to its sales to trade customers and independent distributors, the Company sells directly to consumers via its e-commerce platforms and also operates 47 re tail outlet locations throughout the United States and four i n Canada, through which it sells current and discontinued models and factory seconds of all of the Company’s watches.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. Intercompany transactions and balances have been eliminated. To the extent a subsidiary is not wholly-owned, any related noncontrolling interests are included as a separate component of Shareholders’ Equity.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenues and expenses during the reporting periods. These estimates and assumptions are based on management’s best estimates and judgment. On an on-going basis, the Company evaluates its estimates and judgement. These estimates include accounting for sales discounts, returns, allowances and incentives, warranties, income taxes, depreciation, amortization, inventory write-downs, stock-based compensation, pensions, contingencies and impairments. Actual results could differ from those estimates.
Translation of Foreign Currency Financial Statements and Foreign Currency Transactions	Translation of Foreign Currency Financial Statements and Foreign Currency Transactions The financial statements of the Company’s international subsidiaries have been translated into United States dollars by translating balance sheet accounts at year-end exchange rates and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Foreign currency transaction gains and losses are charged or credited to earnings as incurred. Foreign currency translation gains and losses are reflected in the equity section of the Company’s consolidated balance sheets in Accumulated Other Comprehensive Income.
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash Cash equivalents include all highly liquid investments with original maturities at date of purchase of three months or less. Restricted cash is comprised of cash or cash equivalents which has been placed into an account that is restricted for a specific use and from which the Company cannot withdraw the cash on demand.
Trade Receivables	Trade Receivables Trade receivables as shown on the consolidated balance sheets are net of various allowances. In the first quarter of fiscal 2021, the Company adopted ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13). As a result of adoption, the Company replaced its methodology in determining the allowance for doubtful accounts which was based on an analysis of the aging of accounts receivable, assessments of collectability based on historical trends, the financial condition of the Company’s customers and an evaluation of economic conditions with a methodology that reflects expected credit losses and requires the use of a forward-looking expected credit loss rate for its trade accounts receivables. The adoption had no material impact on the Company’s Consolidated Financial Statements. The Company writes off uncollectible trade receivables once collection efforts have been exhausted and third parties confirm the balance is not recoverable. Included in Trade receivables include amounts due from trade customers including department stores, jewelry store chains, independent jewelers, third-party e-commerce retailers and payment processors used by the Company's owned e-commerce websites. All of the Company’s watch brands are also marketed outside the U.S. through a network of independent distributors. Accounts receivable are stated net of reserves for expected credit losses, returns and allowances of $ 26.4 million and $ 26.8 million at January 31, 2022 and 2021, respectively. Additionally, zero and $ 2.4 million of receivables and allowances were recorded in non-current assets as of January 31, 2022 and 2021, respectively. Accounts receivable are also stated net of co-operative advertising allowances of $ 5.6 million and $ 3.8 million at January 31, 2022 and 2021, respectively. Co-operative advertising allowances are credits taken by the customer at a future date on previously executed co-operative advertising. The Company’s concentrations of credit risk arise primarily from accounts receivable related to trade customers during the peak selling seasons. The Company has significant accounts receivable balances due from major national chain and department stores and third-party e-commerce retailers. The Company’s results of operations could be materially adversely affected in the event any of these customers or a group of these customers defaulted on all or a significant portion of their obligations to the Company as a result of financial difficulties. As of January 31, 2022, except for those accounts provided for in the allowance for doubtful accounts, the Company knew of no situations with any of the Company’s major customers which would indicate any such customer’s inability to make its required payments. No single customer accounted for more than 10 % of net sales during any of the years in the three-year period ended January 31, 2022. No single customer accounted for more than 10 % of the Company’s account receivable balance at January 31, 2022 or 2021.
Inventories	Inventories The Company values its inventory at the lower of cost or net realizable value. Cost is determined using the average cost method. The Company performs reviews of its on-hand inventory to determine amounts, if any, of inventory that is deemed discontinued, excess, or unsaleable. Inventory classified as discontinued, together with the related component parts that can be assembled into saleable finished goods, is sold primarily through the Company’s retail outlet locations. The Company retains adequate levels of component parts to facilitate both the manufacturing of its watches as well as the after-sales service of its watches for an extended period of time after the discontinuance of the manufacturing of such watches. The adjustment to reduce the value of component parts below their cost to their net realizable value is based on the timing of when a component part is no longer associated with a watch that is being manufactured as well as the significant assumption related to the anticipated utilization of component parts for after-sales service.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment, including computer software, are stated at cost less accumulated depreciation. The Company capitalizes certain computer software costs after technological feasibility has been established. Depreciation and amortization are computed using the straight-line method based on the estimated useful lives of the assets. The cost of property, plant and equipment and related depreciation and amortization are removed from the accounts upon the disposition or retirement of such assets and the resulting gain or loss is reflected in operating income.
Goodwill	Goodwill At the time of an acquisition, in accordance with applicable guidance, the Company records all acquired net assets at their estimated fair values. These estimated fair values are based on management’s assessments and independent third-party appraisals. The excess of the purchase consideration plus the fair value of any noncontrolling interest in the acquired company over the aggregate estimated fair values of the acquired net assets, including any contingent consideration, is recorded as goodwill. Goodwill is not amortized but is assessed for impairment at least annually on November 1 st . Under applicable guidance, the Company generally performs its annual goodwill impairment analysis using a qualitative approach to determine whether it is more likely than not that the fair value of goodwill is less than its carrying value. If, based on the results of the qualitative assessment, it is concluded that it is more likely than not that the fair value of goodwill is less than its carrying value, a quantitative test is performed. The quantitative impairment test is performed to measure the amount of impairment loss, if any. The quantitative impairment test identifies the existence of potential impairment by comparing the fair value of each reporting unit with its carrying value, including goodwill. If a reporting unit’s carrying amount exceeds its fair value, the Company will record an impairment charge, as an operating expense item, based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Determination of the fair value of a reporting unit and the fair value of individual assets and liabilities of a reporting unit is based on management’s assessment, including the consideration of independent third-party appraisals when necessary. Furthermore, this determination is subjective in nature and involves the use of significant estimates and assumptions. These estimates and assumptions could have a significant impact on whether or not an impairment charge is recognized and the amount of any such charge. Estimates of fair value are primarily determined using discounted cash flows, market comparisons, and recent transactions. These approaches use significant estimates and assumptions, including projected future cash flows, discount rates, growth rates, and determination of appropriate market comparisons. 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 the recent decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter, 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. See Note 6 for further discussion. At January 31, 2022 and 2021 goodwill was zero .
Intangibles	Intangibles Intangible assets consist primarily of trade names, customer relationships and trademarks. In accordance with applicable guidance, the Company estimates and records the fair value of purchased intangible assets at the time of their acquisition. The fair values of these intangible assets are estimated based on independent third-party appraisals. Finite-lived intangible assets are amortized over their respective estimated useful lives, which range from three to ten years , and are evaluated for impairment periodically and whenever events or changes in circumstances indicate that their related carrying values may not be fully recoverable. Estimates of fair value for finite-lived intangible assets are primarily determined using discounted cash flows analysis of such assets, with consideration of market comparisons and recent transactions. This approach uses significant estimates and assumptions, including projected future cash flows, discount rates and growth rates. The Company determined that there was no impairment in fiscal 2022. 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 the recent decline in the Company’s market capitalization, the Company concluded that a triggering event had occurred during the first quarter, 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. See Note 6 for further discussion.
Noncontrolling Interest	Noncontrolling Interest Redeemable noncontrolling interests in subsidiaries that are redeemable for cash or other assets outside of the Company’s control are classified as mezzanine equity, outside of equity and liabilities, at the greater of the carrying value or the redemption value. The increases and decreases in the redemption amount are recorded with corresponding adjustments against the Capital in excess of par value and are reflected in the computation of earnings per share using the two-class method. Noncontrolling interest is recognized as equity in the Company’s consolidated balance sheets and represents ownership interests in the Company’s subsidiaries held by third parties.
Long-Lived Assets	Long-Lived Assets The Company periodically reviews the estimated useful lives of its depreciable assets based on factors including historical experience, the expected beneficial service period of the asset, the quality and durability of the asset and the Company’s maintenance policy including periodic upgrades. Changes in useful lives are made on a prospective basis unless factors indicate the carrying amounts of the assets may not be recoverable and an impairment is necessary. The Company performs an impairment review of its long-lived assets once events or changes in circumstances indicate, in management’s judgment, that the carrying value of such assets may not be recoverable. When such a determination has been made, management compares the carrying value of the asset groups with their estimated future undiscounted cash flows. If it is determined that an impairment has occurred, the fair value of the asset group is determined and compared to its carrying value. The excess of the carrying value over the fair value, if any, is recognized as a loss during that period. The impairment is calculated as the difference between asset carrying values and their estimated fair values. Other than as it relates to intangibles, as discussed in Note 6, no impairment charge was recorded in fiscal 2022 or in fiscal 2021.
Investments Without Readily Determinable Fair Values	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. The Company will regularly evaluate the carrying value of its investments. There were no adjustments to the original cost value during fiscal 2022. The amounts are recorded in Other non-current assets in the Consolidated Balance Sheet at January 31, 2022.
Derivative Financial Instruments	Derivative Financial Instruments The Company accounts for its derivative financial instruments in accordance with the accounting guidance which requires that an entity recognize all derivatives as either assets or liabilities in the consolidated balance sheets and measure those instruments at fair value. A significant portion of the Company’s purchases are denominated in Swiss Francs and, to a lesser extent, the Japanese Yen. The Company also sells to third-party customers in a variety of foreign currencies, most notably the Euro, Swiss Franc and the British Pound. The Company reduces its exposure to the Swiss Franc, Euro, British Pound, Chinese Yuan and Japanese Yen exchange rate risks through a hedging program. Under the hedging program, the Company manages most of its foreign currency exposures on a consolidated basis, which allows it to net certain exposures and take advantage of natural offsets. In the event these exposures do not offset, from time to time the Company uses various derivative financial instruments to further reduce the net exposures to currency fluctuations, predominately forward and option contracts. Certain of these contracts meet the requirements of qualified hedges. In these circumstances, the Company designates and documents these derivative instruments as a cash flow hedge of a specific underlying exposure, as well as the risk management objectives and strategies for undertaking the hedge transactions. Changes in the fair value of hedges designated and documented as a cash flow hedge and which are highly effective, are recorded in other comprehensive income until the underlying transaction affects earnings, and then are later reclassified into earnings in the same account as the hedged transaction. The earnings impact is mostly offset by the effects of currency movements on the underlying hedged transactions. The Company formally assesses, both at the inception and at each fiscal quarter thereafter, the effectiveness of the derivative instrument hedging the underlying forecasted cash flow transaction. The Company does not exclude any designated cash flow hedges from its effective testing. Hedge accounting is discontinued if it is determined that the derivative is not highly effective. From time to time the Company uses forward exchange contracts, which do not meet the requirements of qualified hedges, to offset its exposure to certain foreign currency receivables and liabilities. These forward contracts are not designated as qualified hedges and, therefore, changes in the fair value of these derivatives are recognized in earnings in the period they arise, thereby offsetting the current earnings effect resulting from the revaluation of the related foreign currency receivables and liabilities. All of the Company’s derivative instruments have fair values which can be determined directly or indirectly based on available market data. The Company does not enter into any derivative instruments for trading purposes.
Revenue Recognition	Revenue Recognition Wholesale revenue is recognized and recorded when a contract is in place, obligations under the terms of a contract with the customer are satisfied and control is transferred to the customer. Such revenue is measured as the ultimate amount of consideration the Company expects to receive in exchange for transferring goods including variable consideration. The Company considers transfer of control passes to the wholesale customer upon shipment or upon receipt depending on the agreement with the customer and shipping terms. Control passes to outlet store customers at the time of sale and to substantially all e-commerce customers upon shipment. Prior to January 1, 2021, the requirement for recognizing revenue for e-commerce was met upon delivery to the customer. Factors considered in the transfer of control include the right to payment, transfer of legal title, physical possession and customer acceptance of the goods and whether significant risks and rewards for the goods belong with the customer. The Company records estimates of variable consideration, which includes sales returns, markdowns, volume-based programs and sales and cash discount allowances as a reduction of revenue in the same period that the sales are recorded. These estimates are based upon the expected value method considering all reasonably available information including historical analysis, customer agreements and/or currently known factors that arise in the normal course of business. Returns, discounts and allowances have historically been within the Company’s expectations and the provisions established. The future provisional rates may differ from those experienced in the past. Taxes imposed by governmental authorities on the Company's revenue-producing activities with customers, such as sales taxes and value added taxes, are excluded from net sales. The Company’s sale of smart watches contains multiple performance obligations. The Company allocates revenue to each performance obligation using the relative standalone selling price method. The Company determines the standalone selling prices based on the prices charged to customers. Amounts allocated to the delivered smart watch collections and the related essential software are recognized at the time of sale. The Company’s smart watch collections have been available in limited quantities and in limited distribution, and, as a result, the amounts related to cloud service and app updates were immaterial to all periods presented and thereby recognized at time of sale. The Company has considered each transaction to sell goods as separate and distinct, with no additional promises made. The Company uses the understanding of what the customer expects to receive as the final product to determine whether goods or services should be combined and accounted for as a single performance obligation. The Company does no t incur significant costs to obtain or fulfill its contracts.
Cost of Sales	Cost of Sales Cost of sales of the Company’s products consist primarily of costs for raw materials, component costs, royalties, depreciation, amortization, assembly costs, shipping to customers, design costs and unit overhead costs associated with the Company’s supply chain operations predominately in Switzerland and Asia. The Company’s supply chain operations consist of logistics management of assembly operations and product sourcing predominately in Switzerland and Asia and minor assembly in Switzerland. The Swiss watch movements used in the manufacture of Movado, Ebel and Concord watches, as well as certain Calvin Klein watch styles, are purchased from three suppliers, one of which is a wholly-owned subsidiary of one of the Company’s competitors. That competitive supplier announced in February 2021 that it will no longer sell mechanical Swiss movements to third parties, although it continues to sell Swiss quartz movements. As a result of this development, the Company currently sources all of its mechanical Swiss movements from a single supplier. Although mechanical movements are only used in a relatively small number of the Company’s watch styles, the elimination of a source of supply could make it more difficult for the Company to satisfy its requirements for mechanical movements.
Selling, General and Administrative ("SG&A") Expenses	Selling, General and Administrative (“SG&A”) Expenses The Company’s SG&A expenses consist primarily of marketing, selling, distribution, general and administrative expenses. Marketing expenditures are based principally on overall strategic considerations relative to maintaining or increasing market share in markets that management considers to be crucial to the Company’s continued success as well as on general economic conditions in the various markets around the world in which the Company sells its products. Marketing expenses include salaries, various forms of media advertising, digital advertising (including social media), customer acquisition costs and co-operative advertising with customers and distributors and other point of sale marketing and promotion spending. Selling expenses consist primarily of salaries, sales commissions, salesforce travel and related expenses, credit card fees, depreciation and amortization, expenses associated with the Company’s annual worldwide customer conference, and other industry trade shows and operating costs incurred in connection with the Company’s retail business. Sales commissions vary with overall sales levels. Retail selling expenses consist primarily of payroll and related expenses and store occupancy costs. Distribution expenses consist of costs of running distribution centers and customer service, and include primarily salaries, rental and other occupancy costs, security, depreciation and amortization of furniture and leasehold improvements and shipping supplies. General and administrative expenses consist primarily of salaries and other employee compensation including performance-based compensation, employee benefit plan costs, office rent, management information systems costs, professional fees, bad debts, depreciation and amortization of furniture, computer software, leasehold improvements, amortization of finite-lived intangible assets, patent and trademark expenses and various other general corporate expenses.
Warranty Costs	Warranty Costs All watches sold by the Company come with limited warranties covering the movement against defects in material and workmanship for periods ranging from two to three years from the date of purchase. In addition, the warranty period is five years for the gold plating for Movado watch cases and bracelets. When changes in warranty costs are experienced, the Company will adjust the warranty liability as required. The Company records an estimate for future warranty costs based on historical repair costs. Warranty costs have historically been within the Company’s expectations and the provisions established. If such costs were to substantially exceed estimates, they could have an adverse effect on the Company’s operating results. Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2022, 2021 and 2020 was as follows (in thousands): 2022 2021 2020 Balance, beginning of year $ 2,411 $ 2,634 $ 2,703 Provision charged to operations 1,885 1,760 2,203 Settlements made ( 2,182 ) ( 1,983 ) ( 2,272 ) Balance, end of year $ 2,114 $ 2,411 $ 2,634
Pre-opening Costs	Pre-opening Costs Marketing and administrative costs associated with the opening of retail stores are expensed in the period incurred.
Marketing	Marketing The Company expenses the production costs of an advertising campaign at the commencement date of the advertising campaign. Included in marketing expenses are costs associated with co-operative advertising, media advertising, digital advertising, customer acquisition costs, production costs, costs of point of sale materials and displays and internal payroll related costs. These costs are recorded as SG&A expenses. The Company participates in co-operative advertising programs on a voluntary basis and receives a “separately identifiable benefit in exchange for the consideration.” Since the amount of consideration paid to the retailer does not exceed the fair value of the benefit received by the Company, these costs are recorded as SG&A expenses as opposed to being recorded as a reduction of revenue. Marketing expense for fiscal 2022, 2021 and 2020 was $ 119.1 million, $ 85.5 million and $ 135.3 million, respectively. Included in other current assets and non-current assets in the consolidated balance sheets are the costs of certain prepaid advertising, including principally product displays and point of sale materials and to a lesser extent licensing agreements and sponsorships. Prepaid advertising accounted for $ 0.6 million and $ 6.6 million in other current assets at January 31, 2022 and 2021, respectively. Prepaid advertising accounted for $ 3.3 million and $ 2.6 million in other non-current assets at January 31, 2022 and 2021, respectively.
Shipping and Handling Costs	Shipping and Handling Costs Amounts charged to customers for shipping and handling were $ 1.9 million, $ 1.6 million and $ 2.5 million for fiscal years 2022, 2021 and 2020, respectively. The costs related to shipping and handling were $ 13.0 million, $ 10.0 million and $ 12.8 million for fiscal years 2022, 2021 and 2020, respectively. The amounts charged and incurred by the Company related to shipping and handling are included in net sales and cost of goods sold, respectively.
Income Taxes	Income Taxes The Company, under ASC Topic 740, follows the asset and liability method of accounting for income taxes under which deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax laws and tax rates in each jurisdiction where the Company operates and applied to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities due to a change in tax rates is recognized in income in the period that includes the enactment date. In addition, the amounts of any future tax benefits are reduced by a valuation allowance to the extent such benefits are not expected to be realized on a more-likely-than-not basis. The Company calculates estimated income taxes in each of the jurisdictions in which it operates. This process involves estimating actual current tax expense along with assessing temporary differences resulting from differing treatment of items for both book and tax purposes. The Company follows guidance for accounting for uncertainty in income taxes. This guidance clarifies the accounting for uncertainty in income taxes recognized in a company’s financial statements and prescribes a recognition threshold and measurement standard for the financial statement recognition and measurement of an income tax position taken or expected to be taken in a tax return. This guidance also provides guidance for de-recognition, classification, interest and penalties, accounting in interim periods, disclosures and transitions. Interest and penalties, if any, related to unrecognized tax benefits are recorded as income tax expense in the consolidated statement of operations and as deferred tax liabilities in the consolidated balance sheet. The Company elected to account for the tax on GILTI as a period cost and therefore has not recorded deferred taxes related to GILTI.
Earnings Per Share	Earnings Per Share 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): Fiscal Years Ended January 31, 2022 2021 2020 Weighted average common shares outstanding: Basic 23,190 23,239 23,123 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 489 — 174 Diluted 23,679 23,239 23,297 For the fiscal years ended January 31, 2022, 2021 and 2020, approximately 237,000 , 904,000 and 447,000 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 fiscal year ended January 31, 2021, the Company also had approximately 110,000 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.
Stock-Based Compensation	Stock-Based Compensation The Company utilizes the Black-Scholes option-pricing model which requires that certain assumptions be made to calculate the fair value of each option at the grant date. The expected life of stock option grants is determined using historical data and represents the time period during which the stock option is expected to be outstanding until it is exercised. The risk-free interest rate is based on the U.S. treasury note interest rate in effect on the date of grant for the expected life of the stock option. The expected stock price volatility is derived from historical volatility and calculated based on the estimated term structure of the stock option grant. The expected dividend yield is calculated using the Company’s expected average of annualized dividend yields and applied over the expected term of the option. Management monitors stock option exercises and employee termination patterns to estimate forfeitures rates within the valuation model. Separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. In addition to stock options, the Company may also grant stock awards to employees and directors. The stock awards are generally in the form of time-vesting restricted stock unit awards (pursuant to which unrestricted shares of Common Stock are issued to the grantee when the award vests) or performance-based awards (under which vesting occurs only if one or more predetermined financial goals are achieved within the relevant performance period); both are subject to the participant’s continued employment (or board service) with the Company through such vesting date. Stock awards generally are cliff-vested after three years from the date of grant (one year in the case of directors’ awards). The fair value of stock awards is generally equal to the closing price of the Company’s publicly-traded common stock on the grant date. Compensation expense for all awards is accrued based on the estimated number of instruments for which the requisite service is expected to be rendered as well as awards expected to be paid in cash. This estimate is reflected in the period the stock option and stock awards are either granted or canceled. Expense related to stock options and stock awards compensation is recognized on a straight-line basis over the vesting term and only if the performance condition is probably of being achieved.
Comprehensive Income (Loss)	Comprehensive Income (Loss) Comprehensive income (loss) consists of net income (loss) attributable to the Movado Group, Inc. and other gains and losses that are not included in net income (loss), but are recorded directly in the consolidated statements of shareholders’ equity, such as the unrealized gains and losses on the translation of the assets and liabilities of the Company’s foreign operations, unrealized gains or losses on available for sale securities and prior service costs and actuarial gains (losses) associated with pension benefits, net of tax, that have not been recognized as components of net periodic benefit cost.

Significant Accounting Polici_3

Significant Accounting Policies (Tables)	12 Months Ended
	Jan. 31, 2022
Accounting Policies [Abstract]
Schedule of Warranty Liability, Included in Accrued Liabilities in Consolidated Balance Sheets and Activity	Warranty liability, included in accrued liabilities in the consolidated balance sheets, and activity for the fiscal years ended January 31, 2022, 2021 and 2020 was as follows (in thousands): 2022 2021 2020 Balance, beginning of year $ 2,411 $ 2,634 $ 2,703 Provision charged to operations 1,885 1,760 2,203 Settlements made ( 2,182 ) ( 1,983 ) ( 2,272 ) Balance, end of year $ 2,114 $ 2,411 $ 2,634
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): Fiscal Years Ended January 31, 2022 2021 2020 Weighted average common shares outstanding: Basic 23,190 23,239 23,123 Effect of dilutive securities: Stock awards and options to purchase shares of common stock 489 — 174 Diluted 23,679 23,239 23,297

Restructuring Provision (Tables

Restructuring Provision (Tables)	12 Months Ended
	Jan. 31, 2022
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 twelve months ended January 31, 2022 (in thousands): Balance January 31, 2021 Recovery Non-Cash Use Cash Payments Balance January 31, 2022 Restructuring Plan: Severance and Employee Related (1) $ 2,378 $ ( 133 ) $ ( 343 ) $ ( 1,722 ) $ 180 Other 51 ( 5 ) ( 36 ) ( 10 ) — Other Corporate Initiatives: Severance and Employee Related — — — — — Inventory (3) 407 — ( 300 ) — 107 Accounts receivable (4) 926 ( 926 ) — — — Other 19 — — ( 19 ) — Total $ 3,781 $ ( 1,064 ) $ ( 679 ) $ ( 1,751 ) $ 287 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 twelve months ended January 31, 2021 (in thousands): Balance January 31, 2020 Provision Non-Cash Use Cash Payments Balance January 31, 2021 Restructuring Plan: Severance and Employee Related $ — $ 7,331 $ — $ ( 4,953 ) $ 2,378 Other (2) — 975 ( 315 ) ( 609 ) 51 Other Corporate Initiatives: Severance and Employee Related — 923 — ( 923 ) — Inventory (3) — 691 ( 284 ) — 407 Accounts receivable (4) — 926 — — 926 Other (2) — 1,783 ( 1,517 ) ( 247 ) 19 Total $ — $ 12,629 $ ( 2,116 ) $ ( 6,732 ) $ 3,781 The following amounts are included in the Consolidated Balance Sheet at January 31, 2022: (1) $ 0.2 million included in Accrued payroll and benefits. (2) Balance included in Accrued liabilities. Included in non-cash use is approximately a $ 1.5 million write-off related to unrefunded deposits for a canceled global customer event. (3) Reserve included in Inventories. (4) During fiscal 2022, the Company collected fully on a customer account previously reserved as part of the corporate initiative. The reserve had been 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 Twelve Months Ended January 31, 2022 (Income) For the Twelve Months Ended January 31, 2021 Provision Watch and Accessory Brands: United States $ ( 99 ) $ 7,994 International ( 965 ) 4,635 Total Watch and Accessory Brands ( 1,064 ) 12,629 Total Company Stores — — Total Consolidated $ ( 1,064 ) $ 12,629 Cost of sales $ - $ 735 Selling, general and administrative ( 1,064 ) 11,894 Total $ ( 1,064 ) $ 12,629

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jan. 31, 2022
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 fiscal years ended January 31, 2022, 2021 and 2020 are as follows (in thousands): Trade names Customer Other (1) Total Weighted Average Amortization Period (in years) 10 6 10 Balance at January 31, 2019 $ 34,771 $ 12,181 $ 1,231 $ 48,183 Additions — — 255 255 Amortization ( 3,723 ) ( 1,991 ) ( 377 ) ( 6,091 ) Foreign exchange impact 27 ( 36 ) 21 12 Balance at January 31, 2020 31,075 10,154 1,130 42,359 Impairment ( 18,595 ) ( 3,570 ) — ( 22,165 ) Additions — — 164 164 Amortization ( 1,888 ) ( 1,656 ) ( 295 ) ( 3,839 ) Foreign exchange impact 268 240 54 562 Balance at January 31, 2021 10,860 5,168 1,053 17,081 Additions — — 291 291 Amortization ( 1,633 ) ( 1,685 ) ( 258 ) ( 3,576 ) Foreign exchange impact ( 127 ) ( 134 ) ( 28 ) ( 289 ) Balance at January 31, 2022 $ 9,100 $ 3,349 $ 1,058 $ 13,507 (1) Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.
Summary of Estimated Future Amortization Expense	The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending January 31, (in thousands) 2023 $ 3,494 2024 2,603 2025 1,969 2026 1,958 2027 1,924 Thereafter 1,559 Total estimated future amortization expense $ 13,507

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Jan. 31, 2022
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): As of January 31, 2022 2021 Finished goods $ 128,119 $ 117,382 Component parts 29,759 30,599 Work-in-process 2,405 4,599 $ 160,283 $ 152,580

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Jan. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	A summary of the components of property, plant and equipment and their estimated useful lives is as follows (in thousands): As of January 31, 2022 2021 Estimated Useful Lives Land and buildings $ 1,288 $ 1,311 40 years for buildings Furniture and equipment 57,405 56,808 4 to 10 years Computer software 33,006 31,323 5 to 10 years Leasehold improvements 38,831 37,957 Lesser of lease term or useful life Design fees and tooling costs 2,044 3,176 3 years 132,574 130,575 Less: Accumulated depreciation and ( 113,104 ) ( 108,226 ) Property, plant and equipment, net $ 19,470 $ 22,349

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	12 Months Ended
	Jan. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Financial Instruments Included in Consolidated Balance Sheets	The following table presents the fair values of the Company's derivative financial instruments included in the consolidated balance sheets as of January 31, 2022 and 2021 (in thousands): Asset Derivatives Liability Derivatives Balance 2022 2021 Balance 2022 2021 Derivatives designated as hedging instruments: Foreign Exchange Contracts Other Current $ 154 $ — Accrued $ 30 $ — Total Derivative Instruments $ 154 $ — $ 30 $ — Asset Derivatives Liability Derivatives Balance 2022 2021 Balance 2022 2021 Derivatives not designated as hedging Foreign Exchange Contracts Other Current $ 43 $ — Accrued $ 140 $ 13 Total Derivative Instruments $ 43 $ — $ 140 $ 13

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jan. 31, 2022
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 January 31, 2022 and 2021 (in thousands): Fair Value at January 31, 2022 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 249 $ — $ — $ 249 Short-term investment Other current assets 164 — — 164 SERP assets - employer Other non-current assets 772 — — 772 SERP assets - employee Other non-current assets 47,261 — — 47,261 Defined benefit plan assets (1) Other non-current liabilities — — 29,096 29,096 Hedge derivatives Other current assets — 197 — 197 Total $ 48,446 $ 197 $ 29,096 $ 77,739 Liabilities: SERP liabilities - employee Other non-current liabilities $ 47,261 $ — $ — $ 47,261 Hedge derivatives Accrued liabilities — 170 — 170 Total $ 47,261 $ 170 $ — $ 47,431 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 (1) 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 (1) See Note 19 for a discussion of the fair value of the assets held in the Company’s defined benefit plan in Switzerland.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jan. 31, 2022
Leases [Abstract]
Components of Lease Expense	The components of lease expense were as follows (in thousands): Lease Expense Consolidated Statements of For the Year Ended January 31, 2022 For the Year Ended January 31, 2021 For the Year Ended January 31, 2020 Operating lease expense SG&A $ 18,856 $ 18,533 $ 19,301 Short-term lease cost SG&A 412 601 736 Variable lease cost SG&A 10,839 9,051 9,229 Total operating lease expense $ 30,107 $ 28,185 $ 29,266 Finance lease cost: Amortization of right-of-use assets SG&A $ 117 $ 117 $ 117 Interest on lease liabilities Interest expense $ 4 $ 9 $ 13
Summary of Supplemental Balance Sheet Information for Leases	The following table discloses supplemental balance sheet information for the Company’s leases (in thousands): Leases Consolidated Balance Sheets Location January 31, 2022 January 31, 2021 Assets Operating Operating lease right-of-use assets $ 68,599 $ 76,070 Finance Other non-current assets $ 49 $ 166 Liabilities Current: Operating Current operating lease liabilities $ 13,693 $ 15,861 Finance Accrued liabilities $ 49 $ 121 Noncurrent: Operating Non-current operating lease liabilities $ 62,730 $ 68,412 Finance Other non-current liabilities $ - $ 49
Summary of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate	The following table discloses the weighted-average remaining lease term and weighted-average discount rate for the Company's leases: Lease Term and Discount Rate January 31, 2022 January 31, 2021 January 31, 2020 Weighted-average remaining lease term - in years Operating leases 6.2 6.5 7.4 Finance leases 0.4 1.4 2.4 Weighted-average discount rate: Operating leases 3.90 % 3.78 % 3.71 % Finance leases 3.86 % 3.86 % 3.86 %
Schedule of Future Minimum Lease Payments under Topic 842	Future minimum lease payments by year as of January 31, 2022 were as follows (in thousands): Fiscal Year Operating Leases Finance Leases 2023 $ 16,374 $ 49 2024 15,634 - 2025 13,189 - 2026 10,192 - 2027 9,767 - Thereafter 21,344 - Total lease payments $ 86,500 $ 49 Less: Interest ( 10,077 ) - Total lease obligations $ 76,423 $ 49
Schedule of Supplemental Cash Flow Information Related to Leases	Supplemental cash flow information related to leases was as follows (in thousands): Year Ended January 31, 2022 Year Ended January 31, 2021 Year Ended January 31, 2020 Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 19,130 $ 19,080 $ 17,637 Operating cash flows from finance leases 4 9 13 Financing cash flows from finance leases 121 116 112 Leased assets obtained in exchange for new operating lease liabilities 8,519 2,940 9,863 Leased assets obtained in exchange for new financing lease liabilities — — 399

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income/(Loss) before Provision/(Benefit) for Income Taxes	Income/(loss) before provision/(benefit) for income taxes for the fiscal year ended January 31, 2022, 2021 and 2020 on a legal entity basis consists of the following (in thousands): 2022 2021 2020 U.S. income/(loss) before taxes $ 39,920 $ ( 121,302 ) $ ( 1,226 ) Non-U.S. income/(loss) before taxes 77,413 ( 21,080 ) 58,729 Income/(loss) before income taxes $ 117,333 $ ( 142,382 ) $ 57,503
Schedule of Provision/(Benefit) for Income Taxes	The provision/(benefit) for income taxes for the fiscal years ended January 31, 2022, 2021 and 2020 consists of the following components (in thousands): 2022 2021 2020 Current: U.S. Federal $ 9,249 $ ( 21,657 ) $ 558 U.S. State and Local 1,179 ( 703 ) 905 Non-U.S. 14,555 9,464 9,309 24,983 ( 12,896 ) 10,772 Deferred: U.S. Federal ( 2,145 ) ( 11,139 ) 2,337 U.S. State and Local 2,000 ( 6,321 ) 107 Non-U.S. ( 64 ) ( 832 ) 1,908 ( 209 ) ( 18,292 ) 4,352 Provision/(benefit) for income taxes $ 24,774 $ ( 31,188 ) $ 15,124
Schedule of Significant Components of Deferred Income Tax Assets and Liabilities	Significant components of the Company’s deferred income tax assets and liabilities for the fiscal years ended January 31, 2022 and 2021 are as follows (in thousands): 2022 Deferred Taxes 2021 Deferred Taxes Assets Liabilities Assets Liabilities Net operating loss carryforwards $ 9,479 $ — $ 11,000 $ — Inventory — 377 — 2,292 Unprocessed returns 1,178 — 862 — Receivables allowances 765 — 843 — Deferred compensation 15,764 — 15,567 — Depreciation/amortization 16,545 — 17,434 — Other provisions/accruals 2,087 — 1,657 — Deferred occupancy costs 16,024 14,072 17,064 15,140 Miscellaneous 722 — 1,096 — 62,564 14,449 65,523 17,432 Valuation allowance ( 7,022 ) — ( 7,007 ) — Total deferred tax assets and liabilities $ 55,542 $ 14,449 $ 58,516 $ 17,432 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 of $ 22.0 million on the fiscal 2021 income tax return which was carried back to prior taxable years.
Schedule of Provision/(Benefit) for Income Taxes for Continuing Operations by Applying U.S. Federal Statutory Rate	The provision/(benefit) for income taxes for the fiscal years ended January 31, 2022, 2021 and 2020 differs from the U.S. federal statutory rate due to the following (in thousands): Fiscal Year Ended January 31, 2022 2021 2020 Provision/(benefit) for income taxes at the U.S. statutory rate $ 24,640 $ ( 29,900 ) $ 12,076 Lower effective non-U.S. income tax rate ( 1,366 ) ( 74 ) ( 1,876 ) State and local taxes, net of federal benefit 2,511 ( 5,549 ) 800 GILTI, net of foreign tax credits 77 — 2,703 Impairment of goodwill and intangible assets — 11,694 — Impact of CARES Act ( 1,532 ) ( 10,231 ) — Compensation and benefits 1,130 976 93 Other permanent differences ( 209 ) 173 399 Other, net ( 477 ) 1,723 929 Total provision/(benefit) for income taxes $ 24,774 $ ( 31,188 ) $ 15,124
Schedule of Reconciliation of Beginning and Ending Amounts of Gross Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (exclusive of interest) for the fiscal years ended January 31, 2022, 2021 and 2020 are as follows (in thousands): 2022 2021 2020 Beginning balance $ 901 $ 826 $ 1,351 Tax positions taken in the current year 159 204 106 Tax positions taken in prior years - ( 26 ) ( 125 ) Lapse of statute of limitations ( 166 ) ( 119 ) ( 114 ) Settlements - - ( 389 ) Non-U.S. currency exchange fluctuations ( 18 ) 16 ( 3 ) Ending balance $ 876 $ 901 $ 826

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Jan. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Component of Accumulated Other Comprehensive Income (Loss)	The accumulated balances at January 31, 2022, 2021 and 2020, related to each component of accumulated other comprehensive income (loss) are as follows (in thousands): 2022 2021 2020 Foreign currency translation adjustments $ 84,725 $ 93,166 $ 85,345 Available-for-sale securities 172 124 124 Hedging contracts 194 — — Unrecognized prior service cost related to defined benefit pension plan ( 287 ) ( 344 ) ( 367 ) Net actuarial gain/(loss) related to defined benefit pension plan 491 ( 406 ) ( 52 ) Total accumulated other comprehensive income $ 85,295 $ 92,540 $ 85,050

Revenue (Tables)

Revenue (Tables)	12 Months Ended
	Jan. 31, 2022
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). Fiscal Year Ended January 31, 2022 Fiscal Year Ended January 31, 2021 Fiscal Year Ended January 31, 2020 Customer Type Wholesale $ 541,383 $ 369,031 $ 530,140 Direct to consumer 187,171 134,952 166,877 After-sales service 3,839 2,414 3,949 Net Sales $ 732,393 $ 506,397 $ 700,966

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Jan. 31, 2022
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 fiscal years ended January 31, 2022 and January 31, 2021. There were no stock options granted during the fiscal year ended January 31, 2020. Fiscal Year Ended January 31, 2022 Fiscal Year Ended January 31, 2021 Expected volatility 51.61 % 50.66 % Expected life in years 6.0 6.0 Risk-free interest rates 0.89 % 0.39 % Dividend rate 2.90 % 4.07 % Weighted average fair value per option at date of grant $ 10.23 $ 4.86
Schedule of Stock Option Plan	The following table summarizes the Company’s stock option plan as of January 31, 2022 and changes during each of the fiscal years in the three-year period ended January 31, 2022: Outstanding Weighted Option Weighted Aggregate Options outstanding at January 31, 264,244 options exercisable) 566,260 $ 28.43 Granted — — Exercised ( 5,150 ) $ 30.36 Cancelled — — Options outstanding at January 31, 399,905 options exercisable) 561,110 $ 28.41 Granted 550,000 $ 15.25 Exercised — — Cancelled — — 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 (a) ( 330,151 ) $ 26.01 $ 16.87 -$ 30.36 Cancelled — — — Options outstanding at January 31, 982,834 $ 21.69 $ 12.42 -$ 42.12 7.5 $ 15,441 Exercisable at January 31, 2022 242,959 $ 31.11 3.5 $ 1,776 Expected to vest at January 31, 691,920 $ 18.49 8.8 $ 12,857 (a) Includes 60,000 options exercised at an exercise price of $ 26.59 per option, 32,600 options exercised at an exercise price of $ 30.34 per option, 43,440 options exercised at an exercise price of $ 27.74 per option and 57,300 options exercised at an exercise price of $ 23.35 per option for which 115,037 shares of common stock of the Company were tendered to the Company by the holder of the stock options for the payment of the exercise price of these options.
Schedule of Information Related to Stock Option Activity	The table below presents information related to stock option activity for the years ended January 31, 2022, 2021 and 2020: Fiscal Year Ended 2022 2021 2020 (in thousands) Total fair value of stock options exercised $ 3,652 $ - $ 63 Total fair value of stock options vested $ 64 $ 1,475 $ 1,621
Schedule of Non-vested Stock Options	A summary of the Company’s non-vested stock options at January 31, 2022 and changes during fiscal 2022 are presented below: Shares Weight Average Non-vested stock options: Non-vested at January 31, 2021 550,000 $ 4.86 Granted 201,875 $ 10.23 Vested ( 12,000 ) $ 5.31 Non-vested at January 31, 2022 739,875 $ 6.32
Schedule of Transactions for Restricted Stock Units Under Plan	Transactions for stock awards under the Plan since fiscal 2019 are summarized as follows: Number of Weighted- Weighted- Aggregate Intrinsic Value Units outstanding at January 31, 2019 447,022 $ 32.27 Units granted 274,133 $ 32.47 Units granted adjustment for fiscal year 2019 grants (a) 20,409 $ 39.95 Units granted adjustment for fiscal year 2020 grants (b) ( 73,067 ) $ 32.91 Units vested ( 151,448 ) $ 29.27 Units forfeited ( 26,810 ) $ 34.80 Units outstanding at January 31, 2020 490,239 $ 33.50 Units granted 171,229 $ 13.30 Units vested ( 212,070 ) $ 26.05 Units forfeited ( 33,404 ) $ 31.20 Units outstanding at January 31, 2021 415,994 $ 29.17 Units granted 129,497 $ 27.82 Units vested ( 234,961 ) $ 31.75 Units forfeited ( 14,247 ) $ 32.21 Units outstanding at January 31, 2022 296,283 $ 26.39 1.7 $ 10,983 (a) Grant adjustment made due to exceeding the fiscal 2019 financial goal. (b) Grant adjustment made due to not reaching the fiscal 2020 financial goal.

Pension and Retirement Saving_2

Pension and Retirement Savings Plan (Tables)	12 Months Ended
	Jan. 31, 2022
Retirement Benefits [Abstract]
Components of Net Periodic Pension Costs	The components of the net periodic pension costs for the fiscal years ended January 31, 2022, 2021 and 2020 are as follows: (Amounts in thousands) 2022 2021 2020 Service cost $ 1,131 $ 1,274 $ 1,121 Interest cost - - 300 Expected return on assets ( 395 ) ( 372 ) ( 205 ) Actuarial gain recognized due to partial settlement - ( 43 ) - Amortization of prior service costs 74 73 68 Net Periodic Pension Cost $ 810 $ 932 $ 1,284
Reconciliation of Change in Benefit Obligation, Change in Plan Assets and Net Amount Recognized in Consolidated Balance Sheets	A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets are shown below (based on a January 31 measurement date): (Amounts in thousands) 2022 2021 Change in benefit obligation: Pension benefit obligation at beginning of period $ 26,583 $ 24,813 Service cost 1,131 1,274 Interest cost - - Benefits (paid) deposited 515 ( 2,551 ) Employee contributions 760 791 Actuarial losses 397 240 Foreign currency exchange rate impact ( 1,084 ) 2,016 Pension benefit obligation at end of year 28,302 26,583 Change in plan assets: Fair value of plan assets at beginning of period $ 25,837 $ 24,227 Company contributions 1,142 1,187 Benefits (paid) deposited 515 ( 2,551 ) Actual return on plan assets 1,914 220 Employee contributions 760 791 Foreign currency exchange rate impact ( 1,072 ) 1,963 Fair value of plan assets at end of year 29,096 25,837 Funded status - consolidated $ 794 $ ( 746 ) Amounts recognized in the consolidated balance sheets Other non-current assets $ 794 $ - Other non-current liabilities - 746 Amounts recognized in accumulated other Prior service cost 358 448 Net actuarial (gain)/loss ( 618 ) 511 Tax effect 55 ( 209 ) Net amount recognized, after tax $ ( 205 ) $ 750 Accumulated benefit obligation $ 28,142 $ 26,390
Weighted-average Assumptions Used to Calculate Benefit Obligations and Net Periodic Pension Cost	The weighted‑average assumptions that were used to determine the Company’s benefit obligations as of the measurement date (January 31) were as follows: 2022 2021 2020 Discount rate 0.20 % 0.00 % 0.00 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 1.50 % The weighted‑average assumptions that were used to determine the Company’s net periodic pension cost were as follows: 2022 2021 2020 Discount rate 0.00 % 0.00 % 0.90 % Salary progression rate 1.10 % 1.10 % 1.10 % Expected long-term rate of return on plan assets 1.50 % 1.50 % 0.90 %
Schedule of Expected Benefit Payments of Pension Plans	The Company expects the following benefit payments to be paid out for the fiscal years indicated. The expected benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at January 31, 2022 and include estimated future employee service. The Company does not expect any plan assets to be returned to it during the fiscal year ending January 31, 2023. Payments from the pension plan are made from the plan assets. Fiscal Year ending January 31, (in thousands) 2023 $ 255 2024 458 2025 317 2026 305 2027 449 2028-2032 2,570

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	12 Months Ended
	Jan. 31, 2022
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales 2022 2021 2020 Watch and Accessory Brands: Owned brands category $ 249,940 $ 178,173 $ 257,954 Licensed brands category 368,354 262,367 344,681 After-sales service and all other 7,929 6,822 9,763 Total Watch and Accessory Brands 626,223 447,362 612,398 Company Stores 106,170 59,035 88,568 Consolidated total $ 732,393 $ 506,397 $ 700,966 Operating Income/(Loss) 2022 2021 2020 Watch and Accessory Brands $ 85,619 $ ( 152,662 ) $ 29,529 Company Stores 31,872 10,535 13,462 Consolidated total $ 117,491 $ ( 142,127 ) $ 42,991 Total Assets Capital Expenditure 2022 2021 2022 2021 2020 Watch and Accessory Brands $ 701,986 $ 659,681 $ 2,956 $ 2,909 $ 7,616 Company Stores 59,174 59,576 2,700 109 5,097 Consolidated total $ 761,160 $ 719,257 $ 5,656 $ 3,018 $ 12,713 Depreciation and Amortization 2022 2021 2020 Watch and Accessory Brands $ 9,810 $ 11,462 $ 14,013 Company Stores 2,653 2,650 2,368 Consolidated total $ 12,463 $ 14,112 $ 16,381
Geographic Segment Data	Geographic Location Data as of and for the Fiscal Year Ended January 31, (in thousands): Net Sales (6) Operating Income/(Loss) 2022 2021 2020 2022 2021 2020 United States $ 346,092 $ 214,818 $ 302,426 $ 40,476 $ ( 128,430 ) $ ( 22,719 ) International 386,301 291,579 398,540 77,015 ( 13,697 ) 65,710 Consolidated total $ 732,393 $ 506,397 $ 700,966 $ 117,491 $ ( 142,127 ) $ 42,991 Total Assets Property, Plant and Equipment, Net 2022 2021 2022 2021 United States $ 352,806 $ 352,517 $ 13,246 $ 14,792 International 408,354 366,740 6,224 7,557 Consolidated total $ 761,160 $ 719,257 $ 19,470 $ 22,349 (1) Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment included a charge of $ 56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture. (2) Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $ 0.1 million and $ 1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company took in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $ 8.0 million and $ 4.6 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. (3) Fiscal 2022, 2021 and 2020 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $ 0.4 million, $ 1.6 million and $ 4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand. (4) Fiscal 2022, 2021 and 2020 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $ 2.9 million, $ 2.7 million and $ 2.8 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand. (5) Fiscal 2020 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $ 0.3 million due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives. (6) The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively. (7) The United States operating income/( loss) i ncluded $ 38.7 million, $ 29.1 million and $ 29.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2022, 2021 and 2020, respectively. (8) The International operating income/(loss) included $ 80.5 million, $ 63.0 million and $ 73.3 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Significant Accounting Polici_4

Significant Accounting Policies - Additional Information (Details)		12 Months Ended
		Jan. 31, 2022USD ($)CustomerStoreSuppliershares	Jan. 31, 2021USD ($)Customershares	Jan. 31, 2020USD ($)Customershares
Significant Accounting Policies [Line Items]
Maturity date		3 months
Change in accounting principle accounting standards update adopted		true
Change in accounting principle, accounting standards update, immaterial effect		true
Accounts receivable net of reserve for expected credit losses, returns and allowances		$ 26,400,000	$ 26,800,000
Additional accounts receivables and allowances recorded in non-current assets		0	2,400,000
Accounts receivable net of co operative advertising allowances		5,600,000	3,800,000
Goodwill		0	0
Impairment of intangible assets		0	22,165,000
Long-lived assets, impairment charge		$ 0	0
Number of Suppliers | Supplier		3
Marketing expenses		$ 119,100,000	85,500,000	$ 135,300,000
Shipping and handling customers charges	[1]	732,393,000	506,397,000	700,966,000
Shipping, handling and transportation costs		$ 313,328,000	$ 235,898,000	$ 326,077,000
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share | shares		237,000	904,000	447,000
Stock Award Units
Significant Accounting Policies [Line Items]
Stock awards cliff-vested period		3 years
Stock Options
Significant Accounting Policies [Line Items]
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share | shares			110,000
Other Current Assets
Significant Accounting Policies [Line Items]
Prepaid advertising cost		$ 600,000	$ 6,600,000
Other Non-Current Assets
Significant Accounting Policies [Line Items]
Prepaid advertising cost		$ 3,300,000	2,600,000
Movado Watch Cases And Bracelets
Significant Accounting Policies [Line Items]
Warranty period		5 years
Shipping and Handling
Significant Accounting Policies [Line Items]
Shipping and handling customers charges		$ 1,900,000	1,600,000	$ 2,500,000
Shipping, handling and transportation costs		13,000,000	$ 10,000,000	$ 12,800,000
ASC 606
Significant Accounting Policies [Line Items]
Contract costs to obtain or fulfill		$ 0
Minimum
Significant Accounting Policies [Line Items]
Warranty period		2 years
Maximum
Significant Accounting Policies [Line Items]
Warranty period		3 years
Trademarks and Developed Technology | Minimum
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life		3 years
Trademarks and Developed Technology | Maximum
Significant Accounting Policies [Line Items]
Intangible Asset, Useful Life		10 years
Customer Concentration Risk | Net Sales
Significant Accounting Policies [Line Items]
Number of customer accounted for more than 10% of net sales | Customer		0	0	0
Concentration risk, threshold percentage		10.00%	10.00%	10.00%
Customer Concentration Risk | Account Receivable
Significant Accounting Policies [Line Items]
Concentration risk, threshold percentage		10.00%	10.00%
Number of customer accounted for more than 10% of account receivable | Customer		0	0
United States
Significant Accounting Policies [Line Items]
Number of outlet stores | Store		47
Shipping and handling customers charges	[1]	$ 346,092,000	$ 214,818,000	$ 302,426,000
Canada
Significant Accounting Policies [Line Items]
Number of outlet stores | Store		4
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Significant Accounting Polici_5

Significant Accounting Policies - Schedule of Warranty Liability, Included in Accrued Liabilities in Consolidated Balance Sheets and Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Schedule of warranty liability
Balance, beginning of year	$ 2,411	$ 2,634	$ 2,703
Provision charged to operations	1,885	1,760	2,203
Settlements made	(2,182)	(1,983)	(2,272)
Balance, end of year	$ 2,114	$ 2,411	$ 2,634

Significant Accounting Polici_6

Significant Accounting Policies - Schedule of Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Details) - shares shares in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Weighted average common shares outstanding:
Basic	23,190	23,239	23,123
Effect of dilutive securities:
Stock awards and options to purchase shares of common stock	489		174
Diluted	23,679	23,239	23,297

Impact of the COVID-19 Pandem_2

Impact of the COVID-19 Pandemic - Additional Information (Details) - Covid 19 $ in Millions	3 Months Ended
	Apr. 30, 2020USD ($)
Unusual Or Infrequent Item [Line Items]
Impairment charges related to goodwill	$ 133.7
Impairment charges related to intangible assets	$ 22.2

Joint Ventures - Additional Inf

Joint Ventures - Additional Information (Details) $ in Thousands, ₨ in Millions, $ in Millions	Jan. 24, 2022USD ($)	Jan. 24, 2022INR (₨)	Nov. 22, 2019USD ($)	Nov. 22, 2019AUD ($)	Jan. 31, 2020USD ($)
Business Acquisition [Line Items]
Business acquisition, net of cash acquired					$ 639
MGDL Distribution PTY Limited
Business Acquisition [Line Items]
Business acquisition, net of cash acquired			$ 600	$ 0.9
Percentage of ownership control			51.00%	51.00%
MGI distribution private limited
Business Acquisition [Line Items]
Business acquisition, net of cash acquired	$ 1,200	₨ 89
Percentage of ownership control	80.00%	80.00%
Payments made by minority shareholder	$ 300	₨ 22

Restructuring Provision - Addit

Restructuring Provision - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2023	Jan. 31, 2022	Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Restructuring charges		$ 8,500	$ 12,600
Payments for restructuring		1,751	6,732
Restructuring charges with non-cash use		100
Restructuring charges with non-cash portion used		$ 679	$ 2,116
Forecast
Restructuring Cost And Reserve [Line Items]
Restructuring charges	$ 200

Restructuring Provision - Summa

Restructuring Provision - Summary of Rollforward of Provision Related Corporate Initiatives, Including Provision Associated with Restructuring Plan (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2022		Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Beginning Balance		$ 3,781		$ 0
Restructuring Provision/ Recovery		(1,064)		12,629
Non-Cash Use		(679)		(2,116)
Cash Payments		(1,751)		(6,732)
Ending Balance		287		3,781
Restructuring Plan | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance		2,378	[1]	0
Restructuring Provision/ Recovery		(133)	[1]	7,331
Non-Cash Use		(343)	[1]	0
Cash Payments		(1,722)	[1]	(4,953)
Ending Balance	[1]	180		2,378
Restructuring Plan | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance		51	[2]	0
Restructuring Provision/ Recovery		(5)		975	[2]
Non-Cash Use		(36)		(315)	[2]
Cash Payments		(10)		(609)	[2]
Ending Balance		0		51	[2]
Other Corporate Initiative | Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Beginning Balance		0		0
Restructuring Provision/ Recovery		0		923
Non-Cash Use		0		0
Cash Payments		0		(923)
Ending Balance		0		0
Other Corporate Initiative | Inventory
Restructuring Cost And Reserve [Line Items]
Beginning Balance		407	[3]	0
Restructuring Provision/ Recovery		0		691	[3]
Non-Cash Use	[3]	(300)		(284)
Cash Payments		0		0
Ending Balance	[3]	107		407
Other Corporate Initiative | Accounts Receivable
Restructuring Cost And Reserve [Line Items]
Beginning Balance		926	[4]	0
Restructuring Provision/ Recovery	[4]	(926)		926
Non-Cash Use		0		0
Cash Payments		0		0
Ending Balance		0		926	[4]
Other Corporate Initiative | Other
Restructuring Cost And Reserve [Line Items]
Beginning Balance		19	[2]	0
Restructuring Provision/ Recovery		0		1,783	[2]
Non-Cash Use		0		(1,517)	[2]
Cash Payments		(19)		(247)	[2]
Ending Balance		$ 0		$ 19	[2]
[1]	$ 0.2 million included in Accrued payroll and benefits.
[2]	Balance included in Accrued liabilities. Included in non-cash use is approximately a $ 1.5 million write-off related to unrefunded deposits for a canceled global customer event.
[3]	Reserve included in Inventories.
[4]	During fiscal 2022, the Company collected fully on a customer account previously reserved as part of the corporate initiative. The reserve had been 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	12 Months Ended
	Jan. 31, 2021	Jan. 31, 2022
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits	$ 18,047	$ 25,117
Write-off related to non-refundable deposits	$ 1,500
Severance and Employee Related
Restructuring Cost And Reserve [Line Items]
Accrued payroll and benefits		$ 200

Restructuring Provision - Sum_3

Restructuring Provision - Summary of Corporate Initiative Costs by Operating Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	$ (1,064)	$ 12,629
Cost of Sales
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	0	735
Selling, General and Administrative
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	(1,064)	11,894
Watch and Accessory Brands
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	(1,064)	12,629
Watch and Accessory Brands | United States
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	(99)	7,994
Watch and Accessory Brands | International
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	(965)	4,635
Company Stores
Restructuring Cost And Reserve [Line Items]
Restructuring provision (income)	$ 0	$ 0

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Additional Information (Details) - USD ($)	3 Months Ended	12 Months Ended
	Apr. 30, 2020	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges		$ 0	$ 22,165,000
Long-lived intangible assets		13,507,000	17,081,000	$ 42,359,000	$ 48,183,000
Goodwill		0	0
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
Trade Names
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges			18,595,000
Long-lived intangible assets		9,100,000	10,860,000	31,075,000	34,771,000
Customer Relationships
Schedule Of Goodwill And Intangible Assets [Line Items]
Long-lived assets, impairment charges			3,570,000
Long-lived intangible assets		$ 3,349,000	$ 5,168,000	$ 10,154,000	$ 12,181,000
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 ($)		12 Months Ended
		Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Acquired Finite Lived Intangible Assets [Line Items]
Beginning Balance		$ 17,081,000	$ 42,359,000	$ 48,183,000
Impairment		0	(22,165,000)
Additions		291,000	164,000	255,000
Amortization		(3,576,000)	(3,839,000)	(6,091,000)
Foreign exchange impact		(289,000)	562,000	12,000
Ending Balance		$ 13,507,000	17,081,000	42,359,000
Trade Names
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)		10 years
Beginning Balance		$ 10,860,000	31,075,000	34,771,000
Impairment			(18,595,000)
Additions				0
Amortization		(1,633,000)	(1,888,000)	(3,723,000)
Foreign exchange impact		(127,000)	268,000	27,000
Ending Balance		$ 9,100,000	10,860,000	31,075,000
Customer Relationships
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)		6 years
Beginning Balance		$ 5,168,000	10,154,000	12,181,000
Impairment			(3,570,000)
Additions				0
Amortization		(1,685,000)	(1,656,000)	(1,991,000)
Foreign exchange impact		(134,000)	240,000	(36,000)
Ending Balance		$ 3,349,000	5,168,000	10,154,000
Other
Acquired Finite Lived Intangible Assets [Line Items]
Weighted Average Amortization Period (in years)	[1]	10 years
Beginning Balance	[1]	$ 1,053,000	1,130,000	1,231,000
Impairment
Additions	[1]	291,000	164,000	255,000
Amortization	[1]	(258,000)	(295,000)	(377,000)
Foreign exchange impact	[1]	(28,000)	54,000	21,000
Ending Balance	[1]	$ 1,058,000	$ 1,053,000	$ 1,130,000
[1]	Other includes fees paid related to trademarks and non-compete agreement related to Olivia Burton brand.

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Summary of Estimated Future Amortization Expense (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Business Combinations [Abstract]
2023	$ 3,494
2024	2,603
2025	1,969
2026	1,958
2027	1,924
Thereafter	1,559
Total estimated future amortization expense	$ 13,507	$ 17,081	$ 42,359	$ 48,183

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021
Inventory, Net [Abstract]
Finished goods	$ 128,119	$ 117,382
Component parts	29,759	30,599
Work-in-process	2,405	4,599
Inventories	$ 160,283	$ 152,580

Inventories - Additional Inform

Inventories - Additional Information (Details) $ in Millions	12 Months Ended
	Jan. 31, 2022USD ($)
Inventory, Net [Abstract]
Increase in finished goods and corresponding reduction in component parts	$ 10.1

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 132,574	$ 130,575
Less: Accumulated depreciation and amortization	(113,104)	(108,226)
Property, plant and equipment, net	19,470	22,349
Land and buildings
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 1,288	1,311
Property, plant and equipment, Estimated Useful Lives	40 years
Furniture and equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 57,405	56,808
Furniture and equipment | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	4 years
Furniture and equipment | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	10 years
Computer software
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 33,006	31,323
Computer software | Minimum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	5 years
Computer software | Maximum
Property Plant And Equipment [Line Items]
Property, plant and equipment, Estimated Useful Lives	10 years
Leasehold improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 38,831	37,957
Property, plant and equipment, Estimated Useful Lives	Lesser of lease term or useful life
Design fees and tooling costs
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 2,044	$ 3,176
Property, plant and equipment, Estimated Useful Lives	3 years

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Property Plant And Equipment [Line Items]
Depreciation and amortization	$ 12,463	$ 14,112	$ 16,381
Amortization expense	3,576	3,839	6,091
Property, Plant and Equipment
Property Plant And Equipment [Line Items]
Depreciation and amortization	8,600	10,000	10,100
Computer software
Property Plant And Equipment [Line Items]
Amortization expense	$ 1,600	$ 2,100	$ 2,400

Debt and Lines of Credit - Addi

Debt and Lines of Credit - Additional Information (Details)	Oct. 29, 2021USD ($)	Oct. 12, 2018USD ($)	Jul. 31, 2021USD ($)	Apr. 30, 2020	Jan. 31, 2022USD ($)BankSubsidiary	Jan. 31, 2021USD ($)BankSubsidiary	Jan. 31, 2019USD ($)	Jan. 31, 2022CHF (SFr)BankSubsidiary	Jan. 31, 2021CHF (SFr)BankSubsidiary	Jan. 31, 2020USD ($)
Debt Instrument [Line Items]
Cash and cash equivalents					$ 277,128,000	$ 223,811,000				$ 185,872,000
Cash paid for interest					400,000	1,700,000	$ 700,000
LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate				0.00%
Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Amendment fees incurred and capitalized					$ 400,000	300,000
Payment for unamortized fees							$ 1,000,000
Amortization period					60 months
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. 28, 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					$ 7,000,000	7,300,000		SFr 6,500,000	SFr 6,500,000
Outstanding borrowing amount					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	21,200,000			SFr 10,000,000
Line of credit facility remaining borrowing capacity					99,700,000	78,500,000
Weighted average borrowings amount					$ 4,800,000	$ 53,100,000
Weighted average interest rate					2.79%	2.59%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR
Debt Instrument [Line Items]
Applicable margin rate					1.00%	2.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate					1.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | LIBOR | Maximum
Debt Instrument [Line Items]
Applicable margin rate					1.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate
Debt Instrument [Line Items]
Applicable margin rate					0.00%	1.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate | Minimum
Debt Instrument [Line Items]
Applicable margin rate					0.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due on October 12, 2023 | Base Rate | Maximum
Debt Instrument [Line Items]
Applicable margin rate					0.75%
Letter of Credit
Debt Instrument [Line Items]
Credit facility matures date					May 31, 2022
Outstanding borrowing amount					$ 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
Number of foreign subsidiaries under guaranteed obligation | Subsidiary					2	2		2	2
Guaranteed obligations to third parties					$ 1,200,000	$ 1,300,000
Restricted deposit relates to lease agreement					$ 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_3

Derivative Financial Instruments - Additional Information (Details) € in Millions, ¥ in Millions, £ in Millions, SFr in Millions	12 Months Ended
	Jan. 31, 2022USD ($)	Jan. 31, 2021USD ($)	Jan. 31, 2022EUR (€)	Jan. 31, 2022CNY (¥)	Jan. 31, 2022CHF (SFr)	Jan. 31, 2022USD ($)	Jan. 31, 2022GBP (£)
Derivatives Fair Value [Line Items]
Derivative financial instruments designated as cash flow hedges included in accumulated other comprehensive income	$ 200,000	$ 0
Reclassify amounts from accumulated other comprehensive income to earnings	0	$ 0
Cash flow hedge ineffectiveness	$ 0
Foreign Exchange Forward | Derivatives Designated As Hedging Instruments
Derivatives Fair Value [Line Items]
Net forward contracts hedging portfolio | €			€ 18
Foreign Exchange Forward | Derivatives Not Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Net forward contracts hedging portfolio			€ 19.5	¥ 7.4	SFr 28	$ 16,200,000	£ 1.5
Maximum | Derivatives Designated As Hedging Instruments
Derivatives Fair Value [Line Items]
Expiry dates ranging	May 27, 2022
Maximum | Foreign Exchange Forward | Derivatives Not Designated as Hedging Instrument
Derivatives Fair Value [Line Items]
Expiry dates ranging	Jul. 13, 2022

Derivative Financial Instrume_4

Derivative Financial Instruments - Schedule of Derivative Financial Instruments Included in Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021
Derivatives Designated As Hedging Instruments
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	$ 154
Liability Derivatives, Fair Value	30
Derivatives Designated As Hedging Instruments | Other Current Assets | Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	154
Derivatives Designated As Hedging Instruments | Accrued Liabilities | Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Liability Derivatives, Fair Value	30
Derivatives Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	43
Liability Derivatives, Fair Value	140	$ 13
Derivatives Not Designated as Hedging Instrument | Other Current Assets | Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives, Fair Value	43
Derivatives Not Designated as Hedging Instrument | Accrued Liabilities | Foreign Exchange Contracts
Derivatives, Fair Value [Line Items]
Liability Derivatives, Fair Value	$ 140	$ 13

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	Jan. 31, 2022	Jan. 31, 2021
Assets:
Total assets measured at fair value	$ 77,739	$ 73,461
Liabilities:
Total liabilities measured at fair value	47,431	46,686
Level 1
Assets:
Total assets measured at fair value	48,446	47,624
Liabilities:
Total liabilities measured at fair value	47,261	46,673
Level 2
Assets:
Total assets measured at fair value	197	0
Liabilities:
Total liabilities measured at fair value	170	13
Level 3
Assets:
Total assets measured at fair value	29,096	25,837
Liabilities:
Total liabilities measured at fair value	0	0
Other Current Assets | Available-for-sale securities
Assets:
Total assets measured at fair value	249	184
Other Current Assets | Short-term investment
Assets:
Total assets measured at fair value	164	162
Other Current Assets | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	197
Other Current Assets | Level 1 | Available-for-sale securities
Assets:
Total assets measured at fair value	249	184
Other Current Assets | Level 1 | Short-term investment
Assets:
Total assets measured at fair value	164	162
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
Other Current Assets | Level 2 | Short-term investment
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 2 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value	197
Other Current Assets | Level 3 | Available-for-sale securities
Assets:
Total assets measured at fair value	0	0
Other Current Assets | Level 3 | Short-term investment
Assets:
Total assets measured at fair value	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	772	605
Other Non-current Assets | SERP assets - employee
Assets:
Total assets measured at fair value	47,261	46,673
Other Non-current Assets | Level 1 | SERP assets - employer
Assets:
Total assets measured at fair value	772	605
Other Non-current Assets | Level 1 | SERP assets - employee
Assets:
Total assets measured at fair value	47,261	46,673
Other Non-current Assets | Level 2 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 2 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 3 | SERP assets - employer
Assets:
Total assets measured at fair value	0	0
Other Non-current Assets | Level 3 | SERP assets - employee
Assets:
Total assets measured at fair value	0	0
Other non-current liabilities | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	47,261	46,673
Other non-current liabilities | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	29,096	25,837
Other non-current liabilities | Level 1 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	47,261	46,673
Other non-current liabilities | Level 1 | Defined Benefit Plan Assets
Assets:
Total assets measured at fair value	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
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	29,096	25,837
Accrued Liabilities | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	170	13
Accrued Liabilities | Level 1 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	0	0
Accrued Liabilities | Level 2 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	170	13
Accrued Liabilities | Level 3 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details)	12 Months Ended
	Jan. 31, 2022USD ($)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis Valuation Techniques [Line Items]
Transfers into level 1 to level 2, assets	$ 0
Transfers into level 2 to level 1, assets	0
Transfers into level 1 to level 2, liabilities	0
Transfers into level 2 to level 1, liabilities	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	$ 2,000,000
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 ($)ContingentPayment	Dec. 31, 2016USD ($)	Jan. 31, 2022USD ($)	Jan. 31, 2021USD ($)	Jan. 31, 2020USD ($)	Jan. 31, 2018USD ($)
Loss Contingencies [Line Items]
Amount of minimum commitments related to license agreements and endorsement agreements			$ 283,200,000
Long-term purchase commitment, period			5 years
Outstanding purchase obligations with supplier			$ 118,200,000
Tax cuts and jobs act, deemed repatriation tax			19,200,000			$ 28,200,000
Payment of deemed repatriation tax installments period						8 years
Business acquisition, decrease of liability			0	$ 0	$ (15,356,000)
Commitment funded amount			2,000,000
Called upon satisfy capital calls in respect of commitment			19,500,000
Underpaid duty charges due to alternative duty methodology		$ 5,100,000
Underpaid duty methodology period covered by statute of limitation		5 years
Maximum
Loss Contingencies [Line Items]
Committed investments in venture capital fund			$ 21,500,000
MVMT Watches, Inc.
Loss Contingencies [Line Items]
Business acquisition, number of future contingent payments | ContingentPayment	2
Business acquisition, liability					0
Business acquisition, non-current liability	$ 16,500,000
Business acquisition, non-current liability allocated to purchase price	14,500,000
Business combination, non-current liability allocated to deferred compensation expense	2,000,000
Business combination, liability allocated to deferred compensation expense					1,500,000
MVMT Watches, Inc. | Maximum
Loss Contingencies [Line Items]
Business acquisition, additional purchase price future contingent payments before tax benefits	$ 100,000,000
MVMT Watches, Inc. | Non-operating Income
Loss Contingencies [Line Items]
Business acquisition, decrease of liability					$ (15,400,000)

Leases - Additional Information

Leases - Additional Information (Details) $ in Millions	12 Months Ended
	Jan. 31, 2022USD ($)
Lessee Lease Description [Line Items]
Lease, practical expedients, package (Short term leases)	true
Rent forgiveness	$ 1.1
Minimum
Lessee Lease Description [Line Items]
Operating leases, remaining terms	1 year
Operating leases, option to extend	true
Maximum
Lessee Lease Description [Line Items]
Operating leases, remaining terms	10 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Leases [Abstract]
Operating lease expense	$ 18,856	$ 18,533	$ 19,301
Short-term lease cost	412	601	736
Variable lease cost	10,839	9,051	9,229
Total operating lease expense	30,107	28,185	29,266
Finance lease cost:
Amortization of right-of-use assets	117	117	117
Interest on lease liabilities	$ 4	$ 9	$ 13

Leases - Summary of Supplementa

Leases - Summary of Supplemental Balance Sheet Information for Leases (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021
ASSETS
Operating	$ 68,599	$ 76,070
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 49	$ 166
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other non-current assets	Other non-current assets
Current liabilities:
Operating	$ 13,693	$ 15,861
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 49	$ 121
Finance Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accrued liabilities	Accrued liabilities
Noncurrent:
Operating	$ 62,730	$ 68,412
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Operating	Operating
Finance	$ 0	$ 49
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other non-current liabilities	Other non-current liabilities

Leases - Summary of Weighted-Av

Leases - Summary of Weighted-Average Remaining Lease Term and Weighted-Average Discount Rate (Details)	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Leases [Abstract]
Operating leases, Weighted-average remaining lease term	6 years 2 months 12 days	6 years 6 months	7 years 4 months 24 days
Finance leases, Weighted-average remaining lease term	4 months 24 days	1 year 4 months 24 days	2 years 4 months 24 days
Operating leases, Weighted-average discount rate	3.90%	3.78%	3.71%
Finance leases, Weighted-average discount rate	3.86%	3.86%	3.86%

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments under Topic 842 (Details) $ in Thousands	Jan. 31, 2022USD ($)
Operating Leases
2023	$ 16,374
2024	15,634
2025	13,189
2026	10,192
2027	9,767
Thereafter	21,344
Total lease payments	86,500
Less: Interest	(10,077)
Total lease obligations	76,423
Finance Leases
2023	49
2024	0
2025	0
2026	0
2027	0
Thereafter	0
Total lease payments	49
Less: Interest	0
Total lease obligations	$ 49

Leases - Schedule of Supplement

Leases - Schedule of Supplemental Cash Flow Information Related to Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 19,130	$ 19,080	$ 17,637
Operating cash flows from finance leases	4	9	13
Financing cash flows from finance leases	121	116	112
Leased assets obtained in exchange for new operating lease liabilities	8,519	2,940	9,863
Leased assets obtained in exchange for new financing lease liabilities	$ 0	$ 0	$ 399

Income Taxes - Schedule of (Los

Income Taxes - Schedule of (Loss)/Income before (Benefit)/Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Income Tax Disclosure [Abstract]
U.S. income/(loss) before taxes	$ 39,920	$ (121,302)	$ (1,226)
Non-U.S. income/(loss) before taxes	77,413	(21,080)	58,729
Income/(loss) before income taxes	$ 117,333	$ (142,382)	$ 57,503

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Income Tax Contingency [Line Items]
Cash paid for income taxes	$ 25,300,000	$ 6,100,000	$ 16,000,000
Operating Loss carryforwards		$ 22,000,000
Effective tax rate for continuing operations	21.10%	21.90%
U.S. Statutory tax rate	21.00%	21.00%
Unrecognized tax benefits which would impact the Company's effective tax rate	$ 800,000	$ 800,000	800,000
Accrued interest (net of tax benefit) and penalties related to unrecognized tax benefits	300,000	$ 400,000	$ 500,000
Undistributed foreign earnings	295,800,000
Deferred tax liability, undistributed foreign earnings	0
State and Local Jurisdiction
Income Tax Contingency [Line Items]
Operating Loss carryforwards	1,300,000
Foreign Tax Authority
Income Tax Contingency [Line Items]
Operating Loss carryforwards	8,200,000
Operating loss carryforwards, valuation allowance	7,000,000
China
Income Tax Contingency [Line Items]
Operating Loss carryforwards	3,400,000
Germany
Income Tax Contingency [Line Items]
Operating Loss carryforwards	$ 1,700,000
Minimum
Income Tax Contingency [Line Items]
Expiration periods	1 year
Maximum
Income Tax Contingency [Line Items]
Expiration periods	10 years
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%

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Taxes (Benefit) Provision for Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Current:
U.S. Federal	$ 9,249	$ (21,657)	$ 558
U.S. State and Local	1,179	(703)	905
Non-U.S.	14,555	9,464	9,309
Total current	24,983	(12,896)	10,772
Deferred:
U.S. Federal	(2,145)	(11,139)	2,337
U.S. State and Local	2,000	(6,321)	107
Non-U.S.	(64)	(832)	1,908
Total deferred	(209)	(18,292)	4,352
Provision/(benefit) for income taxes	$ 24,774	$ (31,188)	$ 15,124

Income Taxes - Schedule of Sign

Income Taxes - Schedule of Significant Components of Deferred Income Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021
Deferred Taxes Assets
Net operating loss carryforwards, Assets	$ 9,479	$ 11,000
Inventory, Assets	0	0
Unprocessed returns, Assets	1,178	862
Receivables allowances, Assets	765	843
Deferred compensation, Assets	15,764	15,567
Depreciation/amortization, Assets	16,545	17,434
Other provisions/accruals, Assets	2,087	1,657
Deferred occupancy costs, Assets	16,024	17,064
Miscellaneous, Assets	722	1,096
Total, Assets	62,564	65,523
Valuation allowance, Assets	(7,022)	(7,007)
Total deferred tax assets and liabilities	55,542	58,516
Deferred Taxes Liabilities
Net operating loss carryforwards, Liabilities	0	0
Inventory, Liabilities	377	2,292
Unprocessed returns, Liabilities	0	0
Receivables allowance, Liabilities	0	0
Deferred compensation, Liabilities	0	0
Depreciation / amortization, Liabilities	0	0
Other provisions / accruals, Liabilities	0	0
Deferred occupancy costs, Liabilities	14,072	15,140
Miscellaneous, Liabilities	0	0
Total, Liabilities	14,449	17,432
Valuation allowance, Liabilities	0	0
Total deferred tax assets and liabilities	$ 14,449	$ 17,432

Income Taxes - Schedule of In_2

Income Taxes - Schedule of Income Taxes (Benefit)/Provision for Continuing Operations by Applying U.S. Federal Statutory Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Schedule of income taxes provision / (benefit) for continuing operations by applying U.S. federal statutory rate
Provision/(benefit) for income taxes at the U.S. statutory rate	$ 24,640	$ (29,900)	$ 12,076
Lower effective non-U.S. income tax rate	(1,366)	(74)	(1,876)
State and local taxes, net of federal benefit	2,511	(5,549)	800
GILTI, net of foreign tax credits	77	0	2,703
Impairment of goodwill and intangible assets	0	11,694	0
Impact of CARES Act	(1,532)	(10,231)	0
Compensation and benefits	1,130	976	93
Other permanent differences	(209)	173	399
Other, net	(477)	1,723	929
Provision/(benefit) for income taxes	$ 24,774	$ (31,188)	$ 15,124

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of Beginning and Ending Amounts of Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Schedule of reconciliation of beginning and ending amounts of gross unrecognized tax benefits
Beginning balance	$ 901	$ 826	$ 1,351
Tax positions taken in the current year	159	204	106
Tax positions taken in prior years	0	(26)	(125)
Lapse of statute of limitations	(166)	(119)	(114)
Settlements	0	0	(389)
Non-U.S. currency exchange fluctuations	(18)	16	(3)
Ending balance	$ 876	$ 901	$ 826

Treasury Stock - Additional Inf

Treasury Stock - Additional Information (Details) - USD ($)	Aug. 29, 2017	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020	Nov. 23, 2021	Mar. 25, 2021
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, total cost of shares repurchased		$ 22,599,000		$ 4,199,000
Existing Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, total cost of shares repurchased		$ 4,200,000
Stock repurchase program, number of shares repurchased		131,402
Stock repurchase program, average per share price of shares repurchased		$ 31.96
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		87,828	49,283	43,414
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		$ 22,600,000
Stock repurchase program, remaining authorized repurchase amount		$ 2,400,000
Stock repurchase program, number of shares repurchased		686,559
Stock repurchase program, average per share price of shares repurchased		$ 32.92
November 23, 2021 Share repurchase Program
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
Stock repurchase program, number of shares repurchased		0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income - Component of Accumulated Other Comprehensive Income (loss) (Details) - USD ($) $ in Thousands	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Accumulated Other Comprehensive Income Loss [Line Items]
Foreign currency translation adjustments	$ 84,725	$ 93,166	$ 85,345
Available-for-sale securities	172	124	124
Hedging contracts	194	0	0
Total accumulated other comprehensive income	85,295	92,540	85,050
Unrecognized Prior Service Cost
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	(287)	(344)	(367)
Net Actuarial Gain (Loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Defined benefit pension plan	$ 491	$ (406)	$ (52)

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income - Additional Information (Details) - USD ($)	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Amount reclassified from accumulated other comprehensive income (loss)	$ 0	$ 0	$ 0

Revenue - Summary of Net Sales

Revenue - Summary of Net Sales Disaggregated by Customer Type (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Disaggregation Of Revenue [Line Items]
Net sales	[1]	$ 732,393	$ 506,397	$ 700,966
Wholesale
Disaggregation Of Revenue [Line Items]
Net sales		541,383	369,031	530,140
Direct to consumer
Disaggregation Of Revenue [Line Items]
Net sales		187,171	134,952	166,877
After-sales service
Disaggregation Of Revenue [Line Items]
Net sales		$ 3,839	$ 2,414	$ 3,949
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Details) - USD ($)	Apr. 04, 2013	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Stock options granted		201,875	550,000	0
Compensation expense		$ 1,500,000	$ 300,000	$ 500,000
Unrecognized compensation cost related to unvested stock options		$ 2,700,000
Weighted-average period		1 year 10 months 24 days
Cash received for stock option exercises		$ 3,500,000	$ 0	$ 200,000
Common stock tendered by employee for withholding tax obligation		56,097	49,283	43,414
Employee's withholding tax obligation		$ 1,700,000	$ 500,000	$ 1,400,000
Employee's withholding tax obligation for exercise of stock options		5,100,000
Tax benefit on exercises of stock options		300,000
Stock Award Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Compensation expense		$ 3,500,000	5,100,000	5,800,000
Weighted-average period		1 year 10 months 24 days
Unrecognized compensation cost		$ 3,000,000
Fair value of stock award units vested		7,500,000	5,500,000	4,400,000
Fair value of unvested stock award units		7,800,000	12,100,000	$ 16,400,000
Tax expense on vested stock awards		$ 17,000
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%
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock tendered by employee for withholding tax obligation		31,731
Employee's withholding tax obligation		$ 1,400,000
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	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021
Share-based Payment Arrangement [Abstract]
Expected volatility	51.61%	50.66%
Expected life in years	6 years	6 years
Risk-free interest rates	0.89%	0.39%
Dividend rate	2.90%	4.07%
Weighted average fair value per option at date of grant	$ 10.23	$ 4.86

Stock-Based Compensation - Sc_2

Stock-Based Compensation - Schedule of Stock Option Plan (Details) - USD ($) $ / shares in Units, $ in Thousands		12 Months Ended
		Jan. 31, 2022		Jan. 31, 2021	Jan. 31, 2020
Schedule of stock option plan
Outstanding Option Beginning Balance		1,111,110		561,110	566,260
Granted		201,875		550,000	0
Exercised		(330,151)	[1]	0	(5,150)
Cancelled		0		0	0
Outstanding Option Ending Balance		982,834		1,111,110	561,110
Exercisable		242,959		561,110	399,905
Expected to vest		691,920
Weighted Average Exercise Price per Option, Beginning Balance		$ 21.90		$ 28.41	$ 28.43
Granted, Weighted Average Exercise Price per Option		27.62		15.25	0
Exercised. Weighted Average Exercise Price per Option		26.01	[1]	0	30.36
Cancelled, Weighted Average Exercise Price per Option		0		0	0
Weighted Average Exercise Price per Option, Ending Balance		21.69		$ 21.90	$ 28.41
Exercisable, Weighted Average Exercise Price per Option		31.11
Expected to vest, Weighted Average Exercise Price per Option		18.49
Option Price Per Share, Granted		27.62
Option Price Per Share, Cancelled		$ 0
Options outstanding, Weighted Average Remaining Contractual Term (years)		7 years 6 months		6 years 10 months 24 days
Exercisable, Weighted Average Remaining Contractual Term (years)		3 years 6 months
Expected to vest, Weighted Average Remaining Contractual Term (years)		8 years 9 months 18 days
Options outstanding, Aggregate Intrinsic Value		$ 15,441		$ 2,975
Exercisable, Aggregate Intrinsic Value		1,776
Expected to vest, Aggregate Intrinsic Value		$ 12,857
Minimum
Schedule of stock option plan
Option Price Per Share, Beginning Balance		$ 12.42
Option Price Per Share, Exercised	[1]	16.87
Option Price Per Share, Ending Balance		12.42		$ 12.42
Maximum
Schedule of stock option plan
Option Price Per Share, Beginning Balance		42.12
Option Price Per Share, Exercised	[1]	30.36
Option Price Per Share, Ending Balance		$ 42.12		$ 42.12
[1]	Includes 60,000 options exercised at an exercise price of $ 26.59 per option, 32,600 options exercised at an exercise price of $ 30.34 per option, 43,440 options exercised at an exercise price of $ 27.74 per option and 57,300 options exercised at an exercise price of $ 23.35 per option for which 115,037 shares of common stock of the Company were tendered to the Company by the holder of the stock options for the payment of the exercise price of these options.

Stock-Based Compensation - Sc_3

Stock-Based Compensation - Schedule of Stock Option Plan (Parenthetical) (Details) - $ / shares	12 Months Ended
	Jan. 31, 2022		Jan. 31, 2021	Jan. 31, 2020	Jan. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable	242,959		561,110	399,905	264,244
Options exercised	330,151	[1]	0	5,150
Options exercise price	$ 26.01	[1]	$ 0	$ 30.36
Common stock tendered by employee for withholding tax obligation	56,097		49,283	43,414
Options Exercise Price $26.59
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	60,000
Options exercise price	$ 26.59
Options Exercise Price $30.34
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	32,600
Options exercise price	$ 30.34
Options Exercise Price $27.74
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	43,440
Options exercise price	$ 27.74
Options Exercise Price $23.35
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised	57,300
Options exercise price	$ 23.35
Stock Options Exercise
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock tendered by employee for withholding tax obligation	115,037
[1]	Includes 60,000 options exercised at an exercise price of $ 26.59 per option, 32,600 options exercised at an exercise price of $ 30.34 per option, 43,440 options exercised at an exercise price of $ 27.74 per option and 57,300 options exercised at an exercise price of $ 23.35 per option for which 115,037 shares of common stock of the Company were tendered to the Company by the holder of the stock options for the payment of the exercise price of these options.

Stock-Based Compensation - Sc_4

Stock-Based Compensation - Schedule of Information Related to Stock Option Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Share-based Payment Arrangement [Abstract]
Total fair value of stock options exercised	$ 3,652	$ 0	$ 63
Total fair value of stock options vested	$ 64	$ 1,475	$ 1,621

Stock-Based Compensation - Sc_5

Stock-Based Compensation - Schedule of Non-vested Stock Options (Details) - $ / shares	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Non-vested stock options:
Non-vested, Shares, Beginning Balance	550,000
Stock options granted	201,875	550,000	0
Vested, Shares	(12,000)
Non-vested, Shares, Ending Balance	739,875	550,000
Non-vested stock options:
Non-vested, Weight Average Grant Date Fair Value, Beginning Balance	$ 4.86
Weighted average fair value per option at date of grant	10.23	$ 4.86
Vested, Weight Average Grant Date Fair Value	5.31
Non-vested, Weight Average Grant Date Fair Value, Ending Balance	$ 6.32	$ 4.86

Stock-Based Compensation - Sc_6

Stock-Based Compensation - Schedule of Transactions for Restricted Stock Units Under Plan (Details) - Stock Award Units - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020		Jan. 31, 2019
Number of Stock Award Units
Stock Award Units, Beginning Balance	415,994	490,239	447,022
Units granted	129,497	171,229	274,133
Units granted adjustment			(73,067)	[1]	20,409	[2]
Units vested	(234,961)	(212,070)	(151,448)
Units forfeited	(14,247)	(33,404)	(26,810)
Stock Award Units, Ending Balance	296,283	415,994	490,239		447,022
Weighted Average Grant Date Fair Value
Weighted Average Grant Date Fair Value, Beginning Balance	$ 29.17	$ 33.50	$ 32.27
Units granted, Weighted Average Grant Date Fair Value	27.82	13.30	32.47
Units granted adjustment, Weighted Average Grant Date Fair Value			32.91	[1]	$ 39.95	[2]
Units vested, Weighted Average Grant Date Fair Value	31.75	26.05	29.27
Units forfeited, Weighted Average Grant Date Fair Value	32.21	31.20	34.80
Weighted Average Grant Date Fair Value Ending Balance	$ 26.39	$ 29.17	$ 33.50		$ 32.27
Weighted-Average Remaining Contractual Term (years)
Units outstanding, Weighted-Average Remaining Contractual Term (years)	1 year 8 months 12 days
Aggregate Intrinsic Value
Units outstanding, Aggregate Intrinsic Value	$ 10,983
[1]	Grant adjustment made due to not reaching the fiscal 2020 financial goal.
[2]	Grant adjustment made due to exceeding the fiscal 2019 financial goal.

Pension and Retirement Saving_3

Pension and Retirement Savings Plan - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Defined Benefit Plan Disclosure [Line Items]
Contributions and expenses of administering the other defined contribution plans	$ 0.8	$ 0.6	$ 0.9
Estimated prior service cost to be amortized in next fiscal year from accumulated other comprehensive income into net periodic pension cost	0.1
Swiss
Defined Benefit Plan Disclosure [Line Items]
Expected future contribution to defined benefit plan	$ 1.2
SERP
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan employers matching contribution, vesting period	5 years
Company's contribution to defined contribution plans	$ 0.6	0.9	0.6
Defined contribution plan, description	The Company makes a matching contribution, up to either 5% or 10% of the executive’s salary, which vests in equal annual installments over five years.
SERP | Corporate Initiatives
Defined Benefit Plan Disclosure [Line Items]
Company's contribution to defined contribution plans		0.5
SERP | Common Stock
Defined Benefit Plan Disclosure [Line Items]
Percentage of company's matching contribution with respect to each participant's contribution	20.00%
401(k) Savings Plan
Defined Benefit Plan Disclosure [Line Items]
Percentage of company's matching contribution with respect to each participant's contribution	50.00%
Percentage of matching contribution with respect to each participant's contribution	1.00%
Maximum percentage contribution by employee	6.00%
Percentage of company's maximum matching contribution	3.00%
Defined contribution plan employers matching contribution, vesting period	3 years
Company's contribution to defined contribution plans	$ 1.1	$ 0.3	$ 1.3

Pension and Retirement Saving_4

Pension and Retirement Savings Plan - Components of Net Periodic Pension Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) [Abstract]
Service cost	$ 1,131	$ 1,274	$ 1,121
Interest cost			300
Expected return on assets	(395)	(372)	(205)
Actuarial gain recognized due to partial settlement		(43)
Amortization of prior service costs	74	73	68
Net Periodic Pension Cost	$ 810	$ 932	$ 1,284

Pension and Retirement Saving_5

Pension and Retirement Savings Plan - Reconciliation of Change in Benefit Obligation, Change in Plan Assets and Net Amount Recognized in Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Change in benefit obligation:
Pension benefit obligation at beginning of period	$ 26,583	$ 24,813
Service cost	1,131	1,274	$ 1,121
Benefits (paid) deposited	515	(2,551)
Employee contributions	760	791
Actuarial losses	397	240
Foreign currency exchange rate impact	(1,084)	2,016
Pension benefit obligation at end of year	28,302	26,583	24,813
Change in plan assets:
Fair value of plan assets at beginning of period	25,837	24,227
Company contributions	1,142	1,187
Benefits (paid) deposited	515	(2,551)
Actual return on plan assets	1,914	220
Employee contributions	760	791
Foreign currency exchange rate impact	(1,072)	1,963
Fair value of plan assets at end of year	29,096	25,837	$ 24,227
Funded status - consolidated	794	(746)
Amounts recognized in the consolidated balance sheets consist of:
Other non-current assets	794
Other non-current liabilities		746
Amounts recognized in accumulated other comprehensive income/(loss):
Prior service cost	358	448
Net actuarial (gain)/loss	(618)	511
Tax effect	55	(209)
Net amount recognized, after tax	(205)	750
Accumulated benefit obligation	$ 28,142	$ 26,390

Pension and Retirement Saving_6

Pension and Retirement Savings Plan - Weighted-average Assumptions Used to Calculate Benefit Obligations (Details)	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	0.20%	0.00%	0.00%
Salary progression rate	1.10%	1.10%	1.10%
Expected long-term rate of return on plan assets	1.50%	1.50%	1.50%

Pension and Retirement Saving_7

Pension and Retirement Savings Plan - Weighted-average Assumptions Used to Calculate Net Periodic Pension Cost (Details)	12 Months Ended
	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	0.00%	0.00%	0.90%
Salary progression rate	1.10%	1.10%	1.10%
Expected long-term rate of return on plan assets	1.50%	1.50%	0.90%

Pension and Retirement Saving_8

Pension and Retirement Savings Plan - Schedule of Expected Benefit Payments of Pension Plans (Details) $ in Thousands	Jan. 31, 2022USD ($)
Defined Benefit Plan, Expected Future Benefit Payment [Abstract]
2023	$ 255
2024	458
2025	317
2026	305
2027	449
2028-2032	$ 2,570

Segment and Geographic Inform_3

Segment and Geographic Information - Additional Information (Details)	12 Months Ended
	Jan. 31, 2022SegmentLocation	Jan. 31, 2021	Jan. 31, 2020
Segment Reporting Information [Line Items]
Number of operating segments | Segment	2
Number of geographic locations | Location	2
Geographic Concentration Risk | Europe | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	33.90%	37.40%	33.40%
Geographic Concentration Risk | Americas (excluding the United States) | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	6.50%	6.60%	9.00%
Geographic Concentration Risk | Middle East | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	7.80%	7.30%	7.90%
Geographic Concentration Risk | Asia | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution	4.50%	6.30%	6.60%

Segment and Geographic Inform_4

Segment and Geographic Information - Operating Segment Data (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Operating segment data
Net sales	[1]	$ 732,393	$ 506,397	$ 700,966
Operating Income/(Loss)	[1],[2],[3],[4],[5],[6],[7],[8]	117,491	(142,127)	42,991
Total Assets		761,160	719,257
Capital Expenditure		5,656	3,018	12,713
Depreciation and Amortization		12,463	14,112	16,381
Watch and Accessory Brands
Operating segment data
Net sales		626,223	447,362	612,398
Operating Income/(Loss)	[2],[3],[4],[5],[6]	85,619	(152,662)	29,529
Total Assets		701,986	659,681
Capital Expenditure		2,956	2,909	7,616
Depreciation and Amortization		9,810	11,462	14,013
Watch and Accessory Brands | Owned brands category
Operating segment data
Net sales		249,940	178,173	257,954
Watch and Accessory Brands | Licensed brands category
Operating segment data
Net sales		368,354	262,367	344,681
Watch and Accessory Brands | After-sales service and all other
Operating segment data
Net sales		7,929	6,822	9,763
Company Stores
Operating segment data
Net sales		106,170	59,035	88,568
Operating Income/(Loss)	[2],[3],[4],[5],[6]	31,872	10,535	13,462
Total Assets		59,174	59,576
Capital Expenditure		2,700	109	5,097
Depreciation and Amortization		$ 2,653	$ 2,650	$ 2,368
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[2]	Fiscal 2020 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $ 0.3 million due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment 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]	Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $ 0.1 million and $ 1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company took in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $ 8.0 million and $ 4.6 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.
[5]	Fiscal 2022, 2021 and 2020 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $ 0.4 million, $ 1.6 million and $ 4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand.
[6]	Fiscal 2022, 2021 and 2020 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $ 2.9 million, $ 2.7 million and $ 2.8 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand.
[7]	The International operating income/(loss) included $ 80.5 million, $ 63.0 million and $ 73.3 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[8]	The United States operating income/( loss) i ncluded $ 38.7 million, $ 29.1 million and $ 29.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Segment and Geographic Inform_5

Segment and Geographic Information - Geographic Location Data (Details) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	$ 732,393	$ 506,397	$ 700,966
Operating Income/(Loss)	[1],[2],[3],[4],[5],[6],[7],[8]	117,491	(142,127)	42,991
Total Assets		761,160	719,257
Property, Plant and Equipment, Net		19,470	22,349
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	346,092	214,818	302,426
Operating Income/(Loss)	[1],[2],[3],[4],[5],[6],[7],[8]	40,476	(128,430)	(22,719)
Total Assets		352,806	352,517
Property, Plant and Equipment, Net		13,246	14,792
International
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[1]	386,301	291,579	398,540
Operating Income/(Loss)	[1],[2],[3],[4],[5],[6],[7],[8]	77,015	(13,697)	$ 65,710
Total Assets		408,354	366,740
Property, Plant and Equipment, Net		$ 6,224	$ 7,557
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[2]	Fiscal 2020 United States and International locations of the Watch and Accessory Brands operating (loss)/income included income of $ 0.3 million due to a change in estimate related to the Company’s fiscal 2018 cost savings initiatives.
[3]	Fiscal 2021 operating loss in the United States locations of the Watch and Accessory Brands segment included a charge of $ 99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. Fiscal 2021 operating loss in the International locations of the Watch and Accessory Brands segment 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]	Fiscal 2022 operating income in the United States locations and the International locations of the Watch and Accessory Brands segment included income of $ 0.1 million and $ 1.0 million, respectively, related to a reversal in certain corporate initiatives charges due to a change in estimate that the Company took in fiscal 2021 in response to the impact on its business due to the COVID-19 pandemic primarily due to a collection of a previously reserved receivable. Fiscal 2021 operating loss in the United States locations and the International locations of the Watch and Accessory Brands segment included a charge of $ 8.0 million and $ 4.6 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.
[5]	Fiscal 2022, 2021 and 2020 operating income/(loss) in the United States locations of the Watch and Accessory Brands segment included $ 0.4 million, $ 1.6 million and $ 4.6 million, respectively, of expenses primarily related to the amortization of intangible assets, deferred compensation and certain accounting adjustments associated with the MVMT brand.
[6]	Fiscal 2022, 2021 and 2020 operating (loss)/income in the International locations of the Watch and Accessory Brands segment included $ 2.9 million, $ 2.7 million and $ 2.8 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand.
[7]	The International operating income/(loss) included $ 80.5 million, $ 63.0 million and $ 73.3 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.
[8]	The United States operating income/( loss) i ncluded $ 38.7 million, $ 29.1 million and $ 29.0 million of unallocated corporate expenses for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Segment and Geographic Inform_6

Segment and Geographic Information - Geographic Location Data (Parenthetical) (Details) - USD ($) $ in Thousands		3 Months Ended	12 Months Ended
		Apr. 30, 2020	Jan. 31, 2022	Jan. 31, 2021	Jan. 31, 2020
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill and intangible assets			$ 0	$ 155,919	$ 0
Charge related to the amortization of intangible assets			3,576	3,839	6,091
Net sales	[1]		732,393	506,397	700,966
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales			358,900	236,900	346,800
United States
Segment Reporting Information [Line Items]
Net sales	[1]		346,092	214,818	302,426
Unallocated corporate expenses			38,700	29,100	29,000
International
Segment Reporting Information [Line Items]
Net sales	[1]		386,301	291,579	398,540
Profits related to the company's supply chain operations			80,500	63,000	73,300
Watch and Accessory Brands
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill		$ 133,700
Net sales			626,223	447,362	612,398
Watch and Accessory Brands | United States
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives			100	8,000
Watch and Accessory Brands | International
Segment Reporting Information [Line Items]
Charge related to the corporate initiatives			1,000	4,600
Watch and Accessory Brands | International | Cost Savings Initiatives
Segment Reporting Information [Line Items]
Operating efficiency initiatives and other items					300
Watch and Accessory Brands | MVMT Watches, Inc. | United States
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill and intangible assets				99,700
Charge related to the amortization of intangible assets			400	1,600	4,600
Watch and Accessory Brands | Olivia Burton Band and City Time Joint Venture | International
Segment Reporting Information [Line Items]
Charge related to the impairment of goodwill				56,200
Watch and Accessory Brands | Olivia Burton Brand | International
Segment Reporting Information [Line Items]
Charge related to the amortization of intangible assets			$ 2,900	$ 2,700	$ 2,800
[1]	The United States and International net sales are net of intercompany sales of $ 358.9 million, $ 236.9 million and $ 346.8 million for the fiscal years ended January 31, 2022, 2021 and 2020, respectively.

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2022		Jan. 31, 2021	Jan. 31, 2020
Valuation and qualifying accounts and reserves
Balance at beginning of year	$ 36,104		$ 33,205	$ 31,163
Net provision/(benefit) charged to operations	42,806		41,056	45,094
Currency revaluation	(711)		1,430	(20)
Net write-offs	(42,527)		(39,587)	(43,032)
Balance at end of year	35,672		36,104	33,205
Doubtful Accounts
Valuation and qualifying accounts and reserves
Balance at beginning of year	7,042		5,643	5,492
Net provision/(benefit) charged to operations	(98)	[1]	1,331	734
Currency revaluation	(161)		316	69
Net write-offs	(952)		(248)	(652)
Balance at end of year	5,831		7,042	5,643
Returns
Valuation and qualifying accounts and reserves
Balance at beginning of year	13,901		13,280	13,034
Net provision/(benefit) charged to operations	31,105		31,892	31,232
Currency revaluation	(223)		325	71
Net write-offs	(31,068)		(31,596)	(31,057)
Balance at end of year	13,715		13,901	13,280
Other Sales Allowances
Valuation and qualifying accounts and reserves
Balance at beginning of year	8,154		8,801	7,380
Net provision/(benefit) charged to operations	10,798		6,189	12,612
Currency revaluation	(169)		251	9
Net write-offs	(9,678)		(7,087)	(11,200)
Balance at end of year	9,105		8,154	8,801
Deferred Tax Asset Valuation Allowance
Valuation and qualifying accounts and reserves
Balance at beginning of year	7,007		5,481	5,257
Net provision/(benefit) charged to operations	1,001		1,644	516
Currency revaluation	(158)		538	(169)
Net write-offs	(829)		(656)	(123)
Balance at end of year	$ 7,021		$ 7,007	$ 5,481
[1]	Includes a $ 0.9 million reversal due to the Company collecting fully on a customer account previously reserved as part of the corporate initiatives.

Valuation and Qualifying Acco_3

Valuation and Qualifying Accounts (Parenthetical) (Details) $ in Millions	12 Months Ended
	Jan. 31, 2022USD ($)
Doubtful Accounts
SEC Schedule, 12-09, Valuation and Qualifying Accounts Disclosure [Line Items]
Net (benefit) / provision charged to operations, reversal	$ 0.9