Movado (MOV) 10-Q 4 Dec 18 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2018	Nov. 26, 2018
Document Type	10-Q
Amendment Flag	false
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Document Period End Date	Oct. 31, 2018
Document Fiscal Year Focus	2,019
Document Fiscal Period Focus	Q3
Trading Symbol	MOV
Entity Registrant Name	MOVADO GROUP INC
Entity Central Index Key	72,573
Current Fiscal Year End Date	--01-31
Common Stock Class Undefined
Entity Common Stock, Shares Outstanding		16,499,084
Class A Common Stock
Entity Common Stock, Shares Outstanding		6,596,780

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
Current assets:
Cash and cash equivalents	$ 142,668	$ 214,811	$ 155,484
Trade receivables, net	126,106	83,098	132,941
Inventories	183,539	151,676	169,866
Other current assets	31,590	32,015	26,361
Total current assets	483,903	481,600	484,652
Property, plant and equipment, net	25,471	24,671	24,637
Deferred and non-current income taxes	17,400	6,443	23,610
Goodwill	131,756	60,269	56,316
Other intangibles, net	47,479	23,124	22,568
Other non-current assets	57,907	49,273	47,783
Total assets	763,916	645,380	659,566
Current liabilities:
Loans payable to bank, current		25,000	5,000
Accounts payable	47,164	24,364	28,014
Accrued liabilities	80,291	47,943	62,666
Income taxes payable	9,617	2,989	5,192
Total current liabilities	137,072	100,296	100,872
Loans payable to bank	49,590		25,000
Deferred and non-current income taxes payable	29,519	33,063	7,501
Other non-current liabilities	66,721	41,686	38,752
Total liabilities	282,902	175,045	172,125
Commitments and contingencies (Note 9)
Equity:
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued
Capital in excess of par value	199,822	189,808	189,332
Retained earnings	418,337	388,739	425,649
Accumulated other comprehensive income	76,110	100,343	80,388
Treasury Stock, 11,164,865, 11,046,671 and 11,026,671 shares, respectively, at cost	(213,597)	(208,894)	(208,267)
Total Movado Group, Inc. shareholders' equity	481,014	470,335	487,441
Total liabilities and equity	763,916	645,380	659,566
Common Stock Class Undefined
Equity:
Common Stock	276	273	273
Class A Common Stock
Equity:
Common Stock	$ 66	$ 66	$ 66

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (PARENTHETICAL) - $ / shares	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
Preferred Stock, par value	$ 0.01	$ 0.01	$ 0.01
Preferred Stock, shares authorized	5,000,000	5,000,000	5,000,000
Preferred Stock, shares issued	0	0	0
Treasury Stock, shares	11,164,865	11,046,671	11,026,671
Common Stock Class Undefined
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	100,000,000	100,000,000	100,000,000
Common Stock, shares issued	27,676,495	27,342,802	27,324,319
Common Stock, shares outstanding	27,676,495	27,342,802	27,324,319
Class A Common Stock
Common Stock, par value	$ 0.01	$ 0.01	$ 0.01
Common Stock, shares authorized	30,000,000	30,000,000	30,000,000
Common Stock, shares issued	6,596,780	6,641,950	6,641,950
Common Stock, shares outstanding	6,596,780	6,641,950	6,641,950

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Income Statement [Abstract]
Net sales		$ 208,949	$ 190,693	$ 480,191	$ 418,739
Cost of sales		95,585	86,623	221,469	199,406
Gross profit		113,364	104,070	258,722	219,333
Selling, general, and administrative		89,257	78,885	213,616	189,479
Operating income	[1],[2]	24,107	25,185	45,106	29,854
Interest expense		(146)	(445)	(530)	(1,191)
Interest income		144	110	258	361
Income before income taxes		24,105	24,850	44,834	29,024
(Benefit)/provision for income taxes (Note 10)		(2,817)	7,490	657	10,341
Net income attributed to Movado Group, Inc.		$ 26,922	$ 17,360	$ 44,177	$ 18,683
Basic income per share:
Weighted basic average shares outstanding		23,254	23,079	23,200	23,080
Net income per share attributed to Movado Group, Inc.		$ 1.16	$ 0.75	$ 1.90	$ 0.81
Diluted income per share:
Weighted diluted average shares outstanding		23,698	23,273	23,624	23,261
Net income per share attributed to Movado Group, Inc.		$ 1.14	$ 0.75	$ 1.87	$ 0.80
Dividends declared per share		$ 0.20	$ 0.13	$ 0.60	$ 0.39
[1]	In the United States and International location of the Watch and Accessory Brands segment, for the three months ended October 31,2017, operating income included a pre-tax charge of $0.1 million, as a result of the Company’s cost savings initiatives. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included a pre-tax charge of $3.9 million and $9.5 million, respectively, as a result of the Company’s cost savings initiatives.
[2]	In the United States locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $10.9 and 11.9 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting as a result of the Company’s acquisition of the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $0.7 and $2.2 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. In the International location of the Watch and Accessory Brands segment, for the three months ended October 31, 2017, operating income included $1.4 million of expenses primarily related to the amortization of acquired assets, as a result of the Company’s acquisition of the Olivia Burton brand. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included $0.2 million and $5.7 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting, as a result of the Company’s acquisition of the Olivia Burton brand.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018		Oct. 31, 2017
Comprehensive income, net of taxes:
Net income	$ 26,922	$ 17,360	$ 44,177		$ 18,683
Net unrealized (loss) on investments, net of tax (benefit) of $(5), $(6), $(24) and $(6), respectively	(16)	(13)	(80)		(12)
Net change in effective portion of hedging contracts, net of tax (benefit) of $(13), $88, $7 and $9, respectively	(66)	448	38		37
Foreign currency translation adjustments	(4,210)	(5,525)	(24,191)	[1]	3,583	[1]
Total other comprehensive (loss) / income, net of taxes	(4,292)	(5,090)	(24,233)		3,608
Total comprehensive income attributed to Movado Group, Inc.	$ 22,630	$ 12,270	$ 19,944		$ 22,291
[1]	The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) (PARENTHETICAL) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net unrealized gain on investments, tax (benefit)	$ (5)	$ (6)	$ (24)	$ (6)
Net change in effective portion of hedging contracts, tax (benefit)	$ (13)	$ 88	$ 7	$ 9

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended		12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Cash flows from operating activities:
Net income	$ 44,177	$ 18,683
Adjustments to reconcile net income to net cash provided by / (used in) operating activities:
Depreciation and amortization	9,907	9,842
Transactional losses / (gains)	133	(859)
Write-down of inventories	2,233	1,930
Deferred income taxes	(7,538)	719
Stock-based compensation	4,287	3,644
(Benefit) for 2017 tax act	(3,929)
Cost savings initiative		13,437
Changes in assets and liabilities:
Trade receivables	(47,754)	(62,175)
Inventories	(25,884)	(14,562)
Other current assets	2,154	1,647
Accounts payable	17,973	334
Accrued liabilities	23,238	18,296
Income taxes payable	5,513	373
Other non-current assets	900	(5,399)
Other non-current liabilities	1,436	4,664
Net cash provided by / (used in) operating activities	26,846	(9,426)
Cash flows from investing activities:
Capital expenditures	(8,206)	(3,575)
Restricted cash deposits		1,018
Trademarks and other intangibles	(130)	(500)
Acquisition, net of cash acquired	(93,040)	(78,991)
Net cash (used in) investing activities	(101,376)	(82,048)
Cash flows from financing activities:
Proceeds from bank borrowings	50,296
Repayments of bank borrowings	(25,000)
Stock options exercised and other changes	4,863	(626)
Dividends paid	(13,855)	(8,953)
Stock repurchase	(3,931)	(3,004)
Net cash provided by / (used in) financing activities	12,373	(12,583)
Effect of exchange rate changes on cash , cash equivalents, and restricted cash	(9,986)	3,262
Net (decrease) in cash, cash equivalents and restricted cash	(72,143)	(100,795)
Cash, cash equivalents, and restricted cash at beginning of period	215,411	256,879	$ 256,879
Cash, cash equivalents, and restricted cash at end of period	143,268	156,084	215,411
Reconciliation of cash, cash equivalents, and restricted cash:
Cash and cash equivalents	142,668	155,484	214,811
Restricted cash included in other non-current assets	600	600
Cash, cash equivalents, and restricted cash at end of period	$ 143,268	$ 156,084	$ 215,411

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation	BASIS OF PRESENTATION The accompanying interim unaudited consolidated financial statements have been prepared by Movado Group, Inc. (the “Company”), in a manner consistent with that used in the preparation of the annual audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2018 (the “2018 Annual Report on Form 10-K”). The unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America, which require the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the unaudited consolidated financial statements and the reported amounts of revenues and expenses during the periods reported. Actual results could differ from those estimates. In the opinion of management, the accompanying unaudited consolidated financial statements reflect all adjustments, consisting of only normal and recurring adjustments, necessary for a fair statement of the financial position and results of operations for the periods presented. The consolidated balance sheet data at January 31, 2018 is derived from the audited annual financial statements, which are included in the Company’s 2018 Annual Report on Form 10-K and should be read in connection with these interim unaudited financial statements. Operating results for the interim periods presented are not necessarily indicative of the results that may be expected for the full year.

Reclassifications

Reclassifications	9 Months Ended
	Oct. 31, 2018
Reclassifications [Abstract]
Reclassifications	NOTE 1 – RECLASSIFICATIONS As discussed below in Note 2 Accounting Pronouncements Recently Adopted, certain reclassifications were made to prior years’ financial statement amounts and related note disclosures to conform to fiscal 2019 presentation.

Accounting Pronouncements Recen

Accounting Pronouncements Recently Adopted	9 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Accounting Pronouncements Recently Adopted	NOTE 2 – A Revenue In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) which supersedes nearly all existing revenue recognition guidance. Subsequent to the issuance of Topic 606, the FASB clarified the guidance through several Accounting Standard Updates; hereinafter, the collection of revenue guidance is referred to as “ASC 606”. On February 1, 2018, the Company adopted ASC 606 using the modified retrospective method and the Company recognized a reduction of $0.7 million to opening retained earnings as the cumulative effect of adopting the new revenue standard. This adjustment did not have a material impact on the Company’s Consolidated Financial Statements. (See Note 17 - Revenue for additional disclosures required by ASC 606). Statement of Cash Flows In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) — Restricted Cash,” which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash and restricted cash equivalents. With this standard, amounts generally described as restricted cash or restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. The Company adopted this guidance on February 1, 2018, and the guidance has been retrospectively applied to all periods presented. The changes to the beginning of period balances presented in the consolidated statement of cash flows are as follows (in thousands): January 31, 2018 January 31, 2017 As previously As previously As adjusted reported As adjusted reported Cash and cash equivalents $ 214,811 $ 214,811 $ 256,279 $ 256,279 Restricted funds included in other non-current assets 600 — 600 — Beginning of period balance presented in the statement of cash flows $ 215,411 $ 214,811 $ 256,879 $ 256,279

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Oct. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Abstract]
Fair Value Measurements	NOTE 3 – 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 following tables present the fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis (in thousands) as of October 31, 2018 and 2017 and January 31, 2018: Fair Value at October 31, 2018 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 166 $ — $ — $ 166 Short-term investment Other current assets 154 — — 154 SERP assets - employer Other non-current assets 1,270 — — 1,270 SERP assets - employee Other non-current assets 37,440 — — 37,440 Total $ 39,030 $ — $ — $ 39,030 Liabilities: SERP liabilities - employee Other non-current liabilities $ 37,440 $ — $ — $ 37,440 Hedge derivatives Accrued liabilities — 463 — 463 Contingent purchase price liability Other non-current liabilities — — 16,600 16,600 Total $ 37,440 $ 463 $ 16,600 $ 54,503 Fair Value at January 31, 2018 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 275 $ — $ — $ 275 Short-term investment Other current assets 164 — — 164 SERP assets - employer Other non-current assets 994 — — 994 SERP assets - employee Other non-current assets 38,577 — — 38,577 Hedge derivatives Other current assets — 544 — 544 Total $ 40,010 $ 544 $ — $ 40,554 Liabilities: SERP liabilities - employee Other non-current liabilities $ 38,577 $ — $ — $ 38,577 Hedge derivatives Accrued liabilities — 46 — $ 46 Total $ 38,577 $ 46 $ — $ 38,623 Fair Value at October 31, 2017 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 291 $ — $ — $ 291 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,538 — — 1,538 SERP assets - employee Other non-current assets 35,532 — — 35,532 Hedge derivatives Other current assets — 67 — 67 Total $ 37,517 $ 67 $ — $ 37,584 Liabilities: SERP liabilities - employee Other non-current liabilities $ 35,532 $ — $ — $ 35,532 Hedge derivatives Accrued liabilities — 685 — 685 Total $ 35,532 $ 685 $ — $ 36,217 The fair values of the Company’s available-for-sale securities are based on quoted prices. The fair value of the short-term investment, which is a guaranteed investment certificate, is based on its purchase price plus one half of a percent calculated annually. The assets related to the Company’s defined contribution supplemental executive retirement plan (“SERP”) consist of both employer (employee unvested) and employee assets which are invested in investment funds with fair values calculated based on quoted market prices. The SERP liability represents the Company’s liability to the employees in the plan for their vested balances. The hedge derivatives are entered into by the Company principally to reduce its exposure to Swiss franc and Euro exchange rate risks. Fair values of the Company’s hedge derivatives are calculated based on quoted foreign exchange rates and quoted interest rates. The fair value of the Level 3 contingent purchase price liability related to the acquisition of MVMT Watches, Inc. owner of MVMT, a global aspirational lifestyle brand, is measured using a Monte Carlo simulation with key assumptions that include revenue and brand EBITDA, (as defined in the acquisition agreement) of the acquired business during the earn-out period, volatilities, estimated discount rates, risk-free rate, and correlation. The liability is revalued each reporting period after the acquisition and increases or decreases in the fair value of the liability are recorded in the Consolidated Statements of Operations. Changes in fair value can result from the estimated achievement of the revenue and brand EBITDA performance hurdles, and movements in discount rates, volatilities, and the other key assumptions. The inputs and assumptions are not observable in the market but reflect the assumptions we believe would be made by a market participant. The following table presents the change in the Level 3 contingent purchase price liability during the three and nine months ended October 31, 2018: Three Months Ended October 31, Nine Months Ended October 31, (In thousands) 2018 2018 Beginning Balance $ — $ — Acquisition of MVMT $ 16,500 $ 16,500 Payments — — Adjustments included in earnings 100 100 Ending Balance $ 16,600 $ 16,600 There were no transfers between any levels of the fair value hierarchy for any of the Company’s fair value measurements.

Equity

Equity	9 Months Ended
	Oct. 31, 2018
Equity [Abstract]
Equity	NOTE 4 – EQUITY The components of equity for the nine months ended October 31, 2018 and 2017 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Common Stock (1) Class Common Stock (2) Capital Excess Par Retained Earnings Treasury Stock Accumulated Other Comprehensive Income Total Balance, January 31, 2018 $ 273 $ 66 $ 189,808 $ 388,739 $ (208,894 ) $ 100,343 $ 470,335 Net income 44,177 44,177 Dividends (13,855 ) (13,855 ) Adoption of new revenue recognition Standard (Topic 606) (724 ) (724 ) Stock repurchase (3,931 ) (3,931 ) Stock options exercised 3 5,632 (772 ) 4,863 Supplemental executive retirement plan 95 95 Stock-based compensation expense 4,287 4,287 Net unrealized loss on investments, net of tax benefit of $24 (80 ) (80 ) Net change in effective portion of hedging contracts, net of tax of $7 38 38 Foreign currency translation adjustment (3) $ (24,191 ) $ (24,191 ) Balance, October 31, 2018 $ 276 $ 66 $ 199,822 $ 418,337 $ (213,597 ) $ 76,110 $ 481,014 Common Stock (1) Class Common Stock (2) Capital Excess Par Retained Earnings Treasury Stock Accumulated Other Comprehensive Income Total Balance, January 31, 2017 $ 272 $ 66 $ 185,354 $ 415,919 $ (204,398 ) $ 76,780 $ 473,993 Net income 18,683 18,683 Dividends (8,953 ) (8,953 ) Stock repurchase (3,004 ) (3,004 ) Stock options exercised 1 238 (865 ) (626 ) Supplemental executive retirement plan 96 96 Stock-based compensation expense 3,644 3,644 Net unrealized loss on investments, net of tax benefit of $6 (12 ) (12 ) Net change in effective portion of hedging contracts, net of tax of $9 37 37 Foreign currency translation adjustment (3) 3,583 3,583 Balance, October 31, 2017 $ 273 $ 66 $ 189,332 $ 425,649 $ (208,267 ) $ 80,388 $ 487,441 (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.

Segment and Geographic Informat

Segment and Geographic Information	9 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Segment and Geographic Information	NOTE 5 – SEGMENT AND GEOGRAPHIC INFORMATION The Company follows accounting guidance which requires disclosure of segment data based on how management makes decisions about allocating resources to segments and measuring their performance. 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 Americas (excluding the United States), Asia and the Middle East accounted for 34.3%, 8.3%, 6.1% and 6.0%, respectively, of the Company’s total net sales for the three months ended October 31, 2018. For the three months ended October 31, 2017, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 35.7%, 8.4%, 6.5% and 4.5%, respectively, of the Company’s total net sales. The Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 33.5%, 9.3%, 8.2% and 7.0%, respectively, of the Company’s total net sales for the nine months ended October 31, 2018. For the nine months ended October 31, 2017, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 31.7%, 9.4%, 7.8% and 5.2%, respectively, of the Company’s total net sales. Operating Segment Data for the Three Months Ended October 31, 2018 and 2017 (in thousands): Net Sales 2018 2017 Watch and Accessory Brands: Owned brands category $ 80,155 $ 75,138 Licensed brands category 107,694 95,015 After-sales service and all other 1,533 2,159 Total Watch and Accessory Brands 189,382 172,312 Company Stores 19,567 18,381 Consolidated total $ 208,949 $ 190,693 Operating Income (3) (4) 2018 2017 Watch and Accessory Brands $ 21,216 $ 22,250 Company Stores 2,891 2,935 Consolidated total $ 24,107 $ 25,185 Operating Segment Data for the Nine Months Ended October 31, 2018 and 2017 (in thousands): Net Sales 2018 2017 Watch and Accessory Brands: Owned brands category $ 173,270 $ 154,620 Licensed brands category 243,267 208,914 After-sales service and all other 8,026 6,956 Total Watch and Accessory Brands 424,563 370,490 Company Stores 55,628 48,249 Consolidated total $ 480,191 $ 418,739 Operating Income (3) (4) 2018 2017 Watch and Accessory Brands $ 35,784 $ 22,559 Company Stores 9,322 7,295 Consolidated total $ 45,106 $ 29,854 Total Assets October 31, 2018 January 31, 2018 October 31, 2017 Watch and Accessory Brands $ 737,106 $ 621,965 $ 633,101 Company Stores 26,810 23,415 26,465 Consolidated total $ 763,916 $ 645,380 $ 659,566 Geographic Location Data for the Three Months Ended October 31, 2018 and 2017 (in thousands): Net Sales Operating Income / (Loss) (3) (4 ) 2018 2017 2018 2017 United States (1) $ 94,219 $ 85,685 $ (4,473 ) $ 2,971 International (2) 114,730 105,008 28,580 22,214 Consolidated total $ 208,949 $ 190,693 $ 24,107 $ 25,185 United States and International net sales are net of intercompany sales of $109.4 million and $87.2 million for the three months ended October 31, 2018 and 2017, respectively. Geographic Location Data for the Nine Months Ended October 31, 2018 and 2017 (in thousands): Net Sales Operating Income / (Loss) (3) (4) 2018 2017 2018 2017 United States (1) $ 202,081 $ 192,325 $ (12,666 ) $ (5,409 ) International (2) 278,110 226,414 57,772 35,263 Consolidated total $ 480,191 $ 418,739 $ 45,106 $ 29,854 United States and International net sales are net of intercompany sales of $250.5 million and $211.8 million for the nine months ended October 31, 2018 and 2017, respectively. (1) The United States operating income (loss) included $23.8 million and $15.8 million of unallocated corporate expenses for the three months ended October 31, 2018 and 2017, respectively. The United States operating loss included $44.5 million and $29.2 million of unallocated corporate expenses for the nine months ended October 31, 2018 and 2017, respectively. (2) The International operating income included $17.9 million and $15.7 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2018 and 2017, respectively. The International operating income included $40.2 million and $31.2 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2018 and 2017, respectively. (3) In the United States and International location of the Watch and Accessory Brands segment, for the three months ended October 31,2017, operating income included a pre-tax charge of (4) expenses primarily related to transaction costs and adjustments in acquisition accounting as a result of the Company’s acquisition of the MVMT brand. of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand In the International location of the Watch and Accessory Brands segment, for the three months ended October 31, 2017, operating income included $1.4 Total Assets October 31, 2018 January 31, 2018 October 31, 2017 United States $ 358,987 $ 188,346 $ 195,659 International 404,929 457,034 463,907 Consolidated total $ 763,916 $ 645,380 $ 659,566 Property, Plant and Equipment, Net October 31, 2018 January 31, 2018 October 31, 2017 United States $ 17,599 $ 16,570 $ 16,762 International 7,872 8,101 7,875 Consolidated total $ 25,471 $ 24,671 $ 24,637

Inventories

Inventories	9 Months Ended
	Oct. 31, 2018
Inventory Disclosure [Abstract]
Inventories	NOTE 6 – INVENTORIES Inventories consisted of the following (in thousands): October 31, 2018 January 31, 2018 October 31, 2017 Finished goods $ 143,134 $ 112,712 $ 129,981 Component parts 38,820 37,404 37,920 Work-in-process 1,585 1,560 1,965 $ 183,539 $ 151,676 $ 169,866

Debt and Lines of Credit

Debt and Lines of Credit	9 Months Ended
	Oct. 31, 2018
Debt Disclosure [Abstract]
Debt and Lines of Credit	NOTE 7 – DEBT AND LINES OF CREDIT On October 12, 2018, Movado Group, Inc. (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 SA 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 amends and restates the Company’s existing credit agreement dated as of January 30, 2015 and extends 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. As of October 31, 2018, there were 50.0 million in Swiss francs with a dollar equivalent of $49.6 million in loans drawn under the Facility. Additionally, approximately $0.3 million in letters of credit, which were outstanding under the Borrower’s existing credit agreement, are deemed to be issued and outstanding under the Facility. As of October 31, 2018, availability under the Facility was approximately $50.1 million. Borrowings under the Facility bear interest at rates selected periodically by the Company at LIBOR plus 1.00% per annum (subject to increases based on the Company’s consolidated leverage ratio that could increase the rate up to a maximum of LIBOR plus 1.75% per annum) or a base rate plus 0% (subject to increases based on the Company’s consolidated leverage ratio that could increase the rate up to a maximum of a base rate plus 0.75% per annum). The Company has also agreed to pay certain fees and expenses and to provide certain indemnities, all of which are customary for such financings . 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 under the Company’s existing credit agreement remains in place in connection with the Facility and contains representations and warranties and covenants, which are customary for pledge and security agreements of this type, 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). The Borrowers are also subject to a minimum consolidated EBITDA (as defined in the Credit Agreement) test of $50.0 million, measured at the end of each fiscal quarter based on the four most recent fiscal quarters and a consolidated leverage ratio (as defined in the Credit Agreement) covenant not to exceed 2.50 to 1.00, measured as of the last day of each fiscal quarter. As of October 31, 2018, the Company was in compliance with its covenants under the Credit Agreement. The Credit Agreement contains events of default that are customary for facilities of this type, including, but not limited to, nonpayment of principal, interest, fees and other amounts when due, failure of any representation or warranty to be true in any material respect when made or deemed made, violation of covenants, cross default with material indebtedness, material judgments, material ERISA liability, bankruptcy events, asserted or actual revocation or invalidity of the loan documents, and change of control. As of October 31, 2018, Bank of America, N.A. issued two irrevocable standby letters of credit in connection with operating facility leases to the landlord, and for Canadian payroll to the Royal Bank of Canada. As of October 31, 2018, the Company had outstanding letters of credit totaling $0.3 million with expiration dates through May 31, 2019. A Swiss subsidiary of the Company maintains unsecured lines of credit with an unspecified maturity with a Swiss bank. As of October 31, 2018, and 2017, these lines of credit totaled 6.5 million Swiss francs for both periods, with a dollar equivalent of $6.4 million and $6.5 million, respectively. As of October 31, 2018, and 2017, there were no borrowings against these lines. As of both October 31,2018 and 2017, two European banks had guaranteed obligations to third parties on behalf of two of the Company’s foreign subsidiaries in the dollar equivalent of $1.1 million in various foreign currencies, of which $0.6 million was a restricted deposit as it relates to lease agreements.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Oct. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 8 – EARNINGS PER SHARE The Company presents net income per share on a basic and diluted basis. Basic earnings per share are computed using weighted-average shares outstanding during the period. Diluted earnings per share are computed using the weighted-average number of shares outstanding adjusted for dilutive common stock equivalents. The weighted-average number of shares outstanding for basic earnings per share was approximately 23,254,000 and 23,079,000 for the three months ended October 31, 2018 and 2017, respectively. For the three months ended October 31, 2018 and 2017, the number of shares outstanding for diluted earnings per share increased by approximately 444,000 and 194,000, respectively, due to potentially dilutive common stock equivalents issuable under the Company’s stock compensation plans and SERP. For the three months ended October 31, 2018 and 2017, approximately 2,000 and 798,000, respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive. The weighted-average number of shares outstanding for basic earnings per share was approximately 23,200,000 and 23,080,000 for the nine months ended October 31, 2018 and 2017, respectively. For the nine months ended October 31, 2018 and 2017, the number of shares outstanding for diluted earnings per share increased by approximately 424,000 and 181,000, respectively, due to potentially dilutive common stock equivalents issuable under the Company’s stock compensation plans and SERP. For the nine months ended October 31, 2018 and 2017, approximately 77,000 and 803,000, respectively, of potentially dilutive common stock equivalents were excluded from the computation of diluted earnings per share because their effect would have been antidilutive.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Oct. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9 – COMMITMENTS AND CONTINGENCIES The Company has minimum commitments related to the Company’s license agreements and endorsement agreements with brand ambassadors. The Company sources, distributes, advertises and sells watches pursuant to its exclusive license agreements with unaffiliated licensors. Royalty amounts under the license agreements are generally based on a stipulated percentage of revenues, although most of these agreements contain provisions for the payment of minimum annual royalty amounts. The license agreements have various terms and some have additional renewal options, provided that minimum sales levels are achieved. Additionally, the license agreements require the Company to pay minimum annual advertising amounts. Due to the enactment of the Tax Cuts and Jobs Act (“2017 Tax Act”), the Company estimated a provisional obligation associated with the Transition Tax to be $28.2 million, which will be paid in installments over eight years. This provisional amount, as well as the current estimated timing of payments, is subject to change based on additional guidance from and interpretations by U.S. regulatory and standard-setting bodies and changes in assumptions. The Company believes that its 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. During the three months ended July 31, 2017, the Company released to cash $1.0 million in restricted cash deposits that were previously recorded in other current assets on the Company’s Consolidated Balance Sheet, related to a certain vendor agreement. 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 approximately $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. On February 24, 2017, the Company provided U.S. Customs with supplemental analyses and information supporting the Company’s historical allocation formulas and thereafter provided additional information for U.S. Customs’ review. Although the Company disagrees with U.S. Customs’ position, 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. On October 23, 2018, Swiss Time Watch & Jewellry GmbH (“ST Germany”) filed a lawsuit against the Company in the Superior Court of California for the County of Los Angeles. The lawsuit primarily alleges that the Company, as legal successor to MVMT Watches, Inc., has failed to perform its obligations under the parties’ August 1, 2018 distribution agreement (the “ST Germany Agreement”) pursuant to which ST Germany was granted the right, subject to certain limitations, to distribute a curated collection of MVMT watch styles in Germany. ST Germany also alleges various related torts and statutory violations and seeks specific performance of the ST Germany Agreement as well as unspecified monetary damages. The Company believes that ST Germany’s tort and statutory claims are without merit and that ST Germany is not entitled to specific performance. In addition, the ST Agreement caps the Company’s liability to the aggregate amounts paid by ST Germany thereunder. The Company intends to defend the lawsuit vigorously and does not expect it to materially affect the Company’s financial condition or future results of operations. The purchase consideration for the MVMT business includes two future contingent payments that combined could total up to $100 million. Although the Company has established appropriate reserves for this liability based on its current estimate of the amounts that will eventually become payable, the exact amount of the future payments will be determined by MVMT's financial performance through the end of fiscal 2023. The Company expects to recognize gains/losses, as the case may be, as the Company’s estimate of the amount payable is updated from time to time. See Note 16 (Acquisition). The Company is involved in legal proceedings and claims from time to time, in the ordinary course of its business. Legal reserves are recorded in accordance with the accounting guidance for contingencies. Contingencies are inherently unpredictable and it is possible that results of operations, balance sheets or cash flows could be materially and adversely affected in any particular period by unfavorable developments in, or resolution or disposition of, such matters. For those legal proceedings and claims for which the Company believes that it is probable that a reasonably estimable loss may result, the Company records a reserve for the potential loss. For proceedings and claims where the Company believes it is reasonably possible that a loss may result that is materially in excess of amounts accrued for the matter, the Company either discloses an estimate of such possible loss or range of loss or includes a statement that such an estimate cannot be made. As of October 31, 2018, the Company is party to legal proceedings and contingencies, the resolution of which is not expected to materially affect its financial condition, future results of operations beyond the amounts accrued, or cash flows.

Income Taxes

Income Taxes	9 Months Ended
	Oct. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 10 – INCOME TAXES On December 22, 2017, the 2017 Tax Act was signed into law, which significantly changed U.S. corporate income tax laws by, among other things, lowering the corporate tax rate from 35.0% to 21.0%, limiting the deductibility of interest expense and executive compensation, establishing a territorial tax system, and imposing a one-time mandatory deemed Transition Tax on undistributed foreign earnings which have not been previously taxed. During the three months ended October 31, 2018, the Company recorded a provisional benefit of $3.9 million related to foreign withholding taxes recorded in the fiscal year ended January 31, 2018 in connection with unremitted earnings which were earmarked for repatriation. This change in estimate of the deferred tax liability related to unremitted earnings and all other amounts recorded in the fiscal year ending January 31,2018 related to the 2017 Tax Act remain provisional. These estimates are subject to revision due to changes in the Company’s analysis and assumptions related to certain matters, such as updates to estimates and amounts related to the earnings and profits and tax pools of certain subsidiaries and the Company’s indefinite reinvestment assertion, including the measurement of deferred withholding taxes on foreign unremitted earnings. The estimated impact of the 2017 Tax Act is also subject to change as a result of additional guidance from, and interpretations by, U.S. regulatory and standard-setting bodies, as well as state tax conformity to federal tax law. The Company expects to complete its assessment of these items within the measurement period, and any adjustments to the provisional amounts initially recorded will be included as an adjustment to income tax expense or benefit in the period in which the amounts are determined. The Company continues to evaluate the impact of the global intangible low-tax income (“GILTI”) provision within the 2017 Tax Act which would require the current inclusion in federal taxable income, earnings of certain foreign controlled corporations. GILTI is subject to continuing regulatory interpretation by the U.S. Internal Revenue Service (“IRS”) and while the Company has included an estimate of GILTI in its estimated effective tax rate for the fiscal year ending January, 2019, it has not yet elected a policy as to whether it will recognize deferred taxes for basis differences expected to reverse as GILTI or whether the Company will account for GILTI as period costs when and if incurred. Adjustments related to the amount of GILTI recorded in its consolidated financial statements may be required based on the outcome of this election. The Company will continue to evaluate these provisions and elect an accounting policy within the measurement period. The Company recorded an income tax benefit of $2.8 million and income tax expense $7.5 million for the three months ended October 31, 2018 and 2017, respectively. The effective tax rate was -11.7% and 30.1% for the three months ended October 31, 2018 and 2017, respectively. The change in the effective tax rate was primarily due to a change in estimate of the Company’s provisional deferred withholding tax liability on unremitted foreign earnings, the release of valuation allowances against certain foreign deferred tax assets and the impact of other discrete items. The Company recorded income tax expense of $0.7 million and $10.3 million for the nine months ended October 31, 2018 and 2017, respectively. The effective tax rate was 1.5% and 35.6% for the nine months ended October 31, 2018 and 2017, respectively. The change in the effective tax rate was primarily due to a change in estimate of the Company’s provisional deferred withholding tax liability on unremitted foreign earnings, the release of valuation allowances against certain foreign deferred tax assets and changes in jurisdictional earnings. The effective tax rate for the three months ended October 31, 2018 differs from the U.S. statutory tax rate of 21.0% primarily due to a change in estimate of the Company’s provisional deferred withholding tax liability on unremitted foreign earnings, the release of valuation allowances against certain foreign deferred tax assets and the impact of other discrete items. The effective tax rate for the three and nine months ended October 31, 2017 differs from the U.S. statutory tax rate of

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Oct. 31, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	NOTE 11 – DERIVATIVE FINANCIAL INSTRUMENTS As of October 31, 2018, the Company’s entire net forward contracts hedging portfolio consisted of 38.0 million Swiss francs equivalent, 16.7 million Euros equivalent, 4.6 million British Pounds equivalent , and 22.2 million Chinese Yuan equivalent, The following table summarizes the fair value and presentation in the Consolidated Balance Sheets for derivatives (in thousands): Asset Derivatives Liability Derivatives Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Derivatives not designated as hedging instruments: Foreign Exchange Contracts Other Assets $ — $ 544 $ — Accrued Liabilities $ 463 $ 2 $ 685 Total Derivative Instruments $ — $ 544 $ — $ 463 $ 2 $ 685 Asset Derivatives Liability Derivatives Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Derivatives designated as hedging instruments: Foreign Exchange Contracts Other Assets $ — $ — $ 67 Accrued Liabilities $ — $ 44 $ — Total Derivative Instruments $ — $ — $ 67 $ — $ 44 $ — As of October 31, 2018, and 2017, the balance of deferred net gains on derivative financial instruments and the associated tax benefits for cash flow hedges included in accumulated other comprehensive income (“AOCI”) were immaterial.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Oct. 31, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive Income	NOTE 12 – ACCUMULATED OTHER COMPREHENSIVE INCOME The components of accumulated other comprehensive income consisted of the following (in thousands): Currency Translation Adjustments Available-for-sale securities Hedging Contracts Total Balance, January 31, 2018 $ 100,190 $ 191 $ (38 ) $ 100,343 Other comprehensive (loss) / income before reclassifications (24,191 ) (80 ) 398 $ (23,873 ) Amounts reclassified from accumulated other comprehensive income (1) — — (360 ) $ (360 ) Net current-period other comprehensive (loss) / income (24,191 ) (80 ) 38 (24,233 ) Balance, October 31, 2018 $ 75,999 $ 111 $ — $ 76,110 Currency Translation Adjustments Available-for-sale securities Hedging Contracts Total Balance, January 31, 2017 $ 76,569 $ 197 $ 14 $ 76,780 Other comprehensive income before reclassifications 3,583 (12 ) 931 $ 4,502 Amounts reclassified from accumulated other comprehensive income (1) — — (894 ) $ (894 ) Net current-period other comprehensive income / (loss) 3,583 (12 ) 37 3,608 Balance, October 31, 2017 $ 80,152 $ 185 $ 51 $ 80,388 (1) Amounts reclassified to earnings in the Consolidated Statements of Operations.

Treasury Stock

Treasury Stock	9 Months Ended
	Oct. 31, 2018
Equity [Abstract]
Treasury Stock	NOTE 13 – TREASURY STOCK On August 29, 2017, the Board of Directors approved a share repurchase program under which the Company is authorized to purchase up to $50.0 million of its outstanding common stock from time to time, depending on market conditions, share price and other factors. The Company may purchase shares of its common stock through open market purchases, repurchase plans, block trades or otherwise. This authorization expires on August 29, 2020, and replaced a prior share repurchase program approved by the Board on March 31, 2016 under which the Company was authorized to purchase up to $50.0 million of its outstanding common stock from time to time and under which approximately $5.5 million had been repurchased. During the nine months ended October 31, 2018, under the current share repurchase program, the Company repurchased a total of 99,191 shares of its common stock at a total cost of approximately $3.9 million, or an average of $39.64 per share. During the nine months ended October 31, 2017, under both the current and previous share repurchase program, the Company repurchased a total of 120,507 shares of its common stock at a total cost of approximately $3.0 million or an average cost of $24.93 per share, which included 20,000 shares repurchased from the Movado Group Foundation at a total cost of approximately $0.5 million or an average of $22.90 per share.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2018
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	NOTE 14 – RECENT ACCOUNTING PRONOUNCEMENTS On October 25, 2018 , the FASB issued ASU 2018-16, “Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting”, which permits use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815 in addition to the UST, the LIBOR swap rate, the OIS rate based on the Fed Funds Effective Rate, and the SIFMA Municipal Swap Rate for Derivatives and Hedging (Topic 815). Early adoption is permitted in any interim period upon issuance of this update if an entity already has adopted Update 2017-12. The amendments should be adopted on a prospective basis for qualifying new or redesignated hedging relationships entered into on or after the date of adoption. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements or related disclosures. On August 28, 2018, the FASB issued 2018-13, “Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement”, which modifies the disclosure requirements in ASC 820, Fair Value Measurement. This guidance is effective for fiscal years beginning after December 15, 2019, which will be the Company’s first quarter of fiscal 2021, with early adoption permitted. The Company is currently evaluating the impact of the adoption of this standard on its related disclosures. On June 20, 2018, the FASB issued ASU 2018-07, which simplifies the accounting for share-based payments granted to nonemployees for goods and services. Under the ASU, most of the guidance on such payments to nonemployees would be aligned with the requirements for share-based payments granted to employees. For public companies, the standard will be effective for the first interim reporting period within annual periods beginning after December 15, 2018, with early adoption permitted. The new standard must be adopted using a modified retrospective transition with a cumulative effect adjustment recorded to opening retained earnings as of the initial adoption date. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements. On August 28, 2017, FASB issued ASU 2017-12, “Derivatives and Hedging: Targeted Improvements to Accounting for Hedging Activities,” which expands an entity’s ability to apply hedge accounting for nonfinancial and financial risk components and allows for a simplified approach for fair value hedging of interest rate risk. The new guidance eliminates the requirement to separately measure and report hedge ineffectiveness and generally requires the entire change in fair value of a hedging instrument to be presented in the same income statement line as the hedged item. The new guidance also simplifies the hedge documentation and effectiveness assessment requirements. For public companies, the standard will be effective for the first interim reporting period within annual periods beginning after December 15, 2018, with early adoption permitted. The new standard must be adopted using a modified retrospective transition with a cumulative effect adjustment recorded to opening retained earnings as of the initial adoption date. The adoption of this guidance is not expected to have a material impact on the Company’s consolidated financial statements or related disclosures. On February 25, 2016, FASB issued ASU 2016-02, “Leases,” which requires lessees to recognize most leases on the balance sheet. This change is expected to increase both reported assets and liabilities. For public companies, the standard will be effective for the first interim reporting period within annual periods beginning after December 15, 2018, although early adoption is permitted. The requirements of this standard include a significant increase in required disclosures and will result in a material increase to the Company’s total assets and liabilities through recognition of right-of-use assets and related lease liabilities. In July 2018, the FASB issued ASU No. 2018-10, “Codification Improvements to Topic 842, Leases” to clarify the implementation guidance and ASU No. 2018-11, “Leases (Topic 842) Targeted Improvements.” This updated guidance provides an optional transition method, which allows for the initial application of the new accounting standard at the adoption date and the recognition of a cumulative-effect adjustment to the opening balance of retained earnings as of the beginning of the period of adoption. The Company will adopt the new standard on February 1, 2019 and intends to elect certain practical expedients, including the optional transition method that allows for the application of the new standard at its adoption date with no restatement of prior period amounts. The Company has identified its significant lease contracts by geography and by asset type and is in the process of implementing a global lease management and accounting system. The Company is in the process of finalizing its assessment of the impact of the new standard on its Consolidated Financial Statements and is evaluating its processes and internal controls to identify any necessary changes.

Cost Savings Initiatives

Cost Savings Initiatives	9 Months Ended
	Oct. 31, 2018
Restructuring And Related Activities [Abstract]
Cost Savings Initiatives	NOTE 15 – COST SAVINGS INITIATIVES As a result of actions taken by the Company in fiscal 2018 to better align its global infrastructure with the current business environment by consolidating certain operations and streamlining functions to reduce costs and improve profitability, the Company recorded $13.6 million of pre-tax expenses primarily for severance and payroll related, other and occupancy charges, predominantly impacting the Company’s North American and Swiss operations. A summary roll-forward of costs related to the cost savings initiatives is as follows (in thousands): Balance at January 31, 2018 Cash payments Foreign exchange Balance in Accrued Liabilities at October 31, 2018 $ 931 $ (601 ) $ (1 ) $ 329 Other 919 (192 ) (61 ) 666 Occupancy charges 74 (30 ) (4 ) 40 Total $ 1,924 $ (823 ) $ (66 ) $ 1,035

Acquisition

Acquisition	9 Months Ended
	Oct. 31, 2018
Business Combinations [Abstract]
Acquisition	NOTE 16 – ACQUISITION On October 1, 2018, the Company acquired MVMT Watches, Inc., owner of MVMT, a global aspirational lifestyle brand for an initial payment of $100.0 million and two future contingent payments that combined could total up to an additional $100.0 million before tax benefits. The exact amount of the future payments will be determined by MVMT's future financial performance with no minimum required future payment. After giving effect to the closing adjustments, the purchase price was $108.4 million, net of cash acquired of approximately $3.8 million. The acquisition was funded with cash on hand , and The results of the MVMT brand have been included in the consolidated financial statements since the date of acquisition within the U.S. and International locations of the Watch and Accessory Brands segment. For the three and nine months ended October 31,2018, consolidated operating income included $10.9 million and $11.9 million, respectively, of expenses primarily related to integration and transaction costs and adjustments in acquisition accounting, as a result of the Company’s acquisition of MVMT. The acquisition was accounted for in accordance with FASB Topic ASC 805 (“Business Combinations”), which requires that the total cost of an acquisition be allocated to the tangible and intangible assets acquired and liabilities assumed based upon their respective fair values at the date of acquisition. The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 1, 2018 acquisition date (in thousands): Assets Acquired and Liabilities Assumed Fair Value Cash and cash equivalents $ 3,848 Trade receivables 370 Inventories 14,552 Prepaid expenses and other current assets 2,325 Property, plant and equipment 179 Other non-current Assets 6,500 Goodwill 77,542 Trade name and other intangibles 28,928 Total assets acquired 134,244 Accounts payable 5,982 Accrued liabilities 9,018 Other non-current liabilities 7,064 Total liabilities assumed 22,064 Total purchase price $ 112,180 Inventories include a step-up adjustment of $0.7 million, which is being amortized over 5 months. The components of Trade name and other intangibles include a trade name of $24.7 million (amortized over 10 years), and customer relationships of $4.2 million (amortized over 10 years). Other non-current assets and other non-current liabilities each include $6.5 million related to escrow amounts established under the acquisition agreement, associated with certain contingencies that existed at the date of acquisition. Upon settlement of the contingencies, the excess funds in escrow, if any will be returned to the selling group. If the costs to settle the contingencies exceed the escrowed balances, the additional cost shall be borne by the Company. The acquisition agreement also includes a contingent consideration arrangement based on the MVMT brand achieving certain revenue and EBITDA targets. In connection therewith, the Company 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. Approximately $14.5 million is allocated to purchase price and $2.0 million to deferred compensation expense based on future employee service requirements. The estimated fair value of the contingent consideration was determined using a Monte Carlo simulation that includes key assumptions regarding MVMT’s projected financial performance during the earn-out period, volatilities, estimated discount rates, risk-free interest rate, and correlation. Each reporting period after the acquisition, the Company will revalue the contingent purchase price liability and record increases or decreases in the fair value of the liability in its Consolidated Statements of Operations. Changes in fair value will result from changes in actual and projected financial performance, discount rates, volatilities, and the other key assumptions. The inputs and assumptions are not observable in the market but reflect the assumptions the Company believes would be made by a market participant. The possible outcomes for the contingent consideration range from $0 to $100 million on an undiscounted basis. As of the October 31, 2018 re-measurement date, the contingent purchase price liability has been accreted to $16.6 million. The $0.1 million increase in the liability is included as a reduction in operating income in the Consolidated Statement of Operations. Refer to Note 3 for further discussion of fair value measurements. The Company recorded goodwill of $77.5 million based on the amount by which the purchase price exceeded the fair value of the net assets acquired. As the structure of the acquisition allowed for a step up in basis for tax purposes, the full amount of the goodwill balance will be deductible for federal income tax purposes over approximately 15 years. Preliminary estimates of the fair value of identifiable assets acquired and liabilities assumed are subject to revision, which may result in adjustments to the preliminary values discussed above. MVMT’s operating results have been included in the Company’s Consolidated Financial Statements beginning October 1, 2018. Net sales of the acquired MVMT brand since the date of acquisition through October 31, 2018 were $5.0 million. The MVMT brand’s operating income since the date of acquisition was $0.3 million. These operating results exclude certain activity of the Company or its wholly owned subsidiaries in support of the MVMT brand. The following table provides the Company’s unaudited pro forma net sales, net income and net income per basic and diluted common share as if the results of operations of the MVMT brand had been included in the Company’s operations commencing on February 1, 2017, based on available information relating to operations of the MVMT brand. This pro forma information is not necessarily indicative either of the combined results of operations that actually would have been realized by the Company had the MVMT brand acquisition been consummated at the beginning of the period for which the pro forma information is presented, or of future results. Three Months Ended October 31, Nine Months Ended October 31, 2018 2017 (1) 2018 2017 (1) (In thousands, except per share data) (Unaudited) (Unaudited) Net sales $ 217,950 $ 203,316 $ 513,211 $ 452,204 Net income $ 32,814 $ 10,197 $ 48,044 $ 1,495 Basic income per share: Net income per share attributed to Movado Group, $ 1.41 $ 0.44 $ 2.07 $ 0.06 Diluted income per share: Net income per share attributed to Movado Group, Inc. $ 1.39 $ 0.44 $ 2.03 $ 0.06 (1) Includes non-recurring transaction costs of $6.5 million associated with the acquisition. The change in the carrying amount of the goodwill associated with the MVMT brand, which is included in the Watch and Accessory Brands segment, is as follows (in thousands): Total Balance, January 31, 2018 $ — Acquisition of the MVMT brand 77,542 Balance, October 31, 2018 $ 77,542 Trade name and other intangible assets consist of the following (in thousands): As of October 31, 2018 Gross carrying amount Accumulated amortization Net Intangible assets subject to amortization: Trade name $ 24,700 $ 206 $ 24,494 Customer relationships 4,200 35 $ 4,165 Total intangible assets $ 28,900 $ 241 $ 28,659 Estimated amortization expense for the next five years is: $0.7 million for the remaining three months of fiscal 2019, $14.5 million in fiscal years 2020 through 2024 and $13.5 million in total in the years thereafter.

Revenue

Revenue	9 Months Ended
	Oct. 31, 2018
Revenue From Contract With Customer [Abstract]
Revenue	NOTE 17 – REVENUE On February 1, 2018, the Company adopted ASC 606 using the modified retrospective method and recognized the cumulative effect of initially applying the new revenue standard as an adjustment to opening retained earnings. Under the modified retrospective method, the Company recognized a reduction of $0.7 million to opening retained earnings as the cumulative effect of adopting the new revenue standard. This adjustment did not have a material impact on the Company’s Consolidated Financial Statements. Results for reporting periods beginning after February 1, 2018 are presented under Topic 606, while prior period amounts are not adjusted. The impact of the adoption of the standard on the Company’s October 31, 2018 Consolidated Balance Sheet and for the three and nine months ended October 31, 2018 Consolidated Statement of Operations were as follows (in thousands): As of October 31, 2018 As reported Balances Without Adoption Impact of Adoption Assets Trade Receivables, net $ 126,106 $ 126,063 $ 43 Inventories $ 183,539 $ 184,026 $ (486 ) Deferred and non-current income taxes $ 17,400 $ 17,235 $ 165 Liabilities Accrued liabilities $ 80,291 $ 80,284 $ 7 Income taxes payable $ 9,617 $ 9,583 $ 34 Deferred and non-current income taxes $ 29,519 $ 29,508 $ 11 Three Months Ended October 31,2018 As reported Amounts Without Adoption Impact of Adoption Net sales $ 208,949 $ 209,964 $ (1,015 ) Gross profit $ 113,364 $ 114,317 $ (953 ) Net income $ 26,922 $ 27,525 $ (603 ) Nine Months Ended October 31,2018 As reported Amounts Without Adoption Impact of Adoption Net sales $ 480,191 $ 480,148 $ 43 Gross profit $ 258,722 $ 259,164 $ (443 ) Net income $ 44,177 $ 44,507 $ (330 ) The above adoption impact relates principally to timing of the recognition of markdowns and returns in the Watch and Accessory Brands segment. Revenue Recognition As presented in the disaggregated revenue table below, wholesale revenue is recognized and recorded when a contract is in place, obligations under the terms of a contract with the customer are satisfied, control is transferred to the customer and is measured as the ultimate amount of consideration the Company expects to receive in exchange for transferring goods including variable consideration. Direct to consumer and after-sales service revenue is recognized at time of register receipt or delivery to 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. The Company considers transfer of control to take place either when the goods ship or when goods are delivered depending on the shipping terms in the contract. 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 the significant risks and rewards for the goods belong with the customer. 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. Amounts allocated to the cloud service and app updates are deferred and recognized on a straight-line basis over the estimated two-year period the updates are expected to be provided. The Company’s smart watch collections were available in limited quantities and in limited distribution, and, as a result, these deferred amounts were immaterial to all periods presented. 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 not incur significant costs to obtain or fulfill its contracts. Practical Expedients and Exemptions The Company does not consider the effects of a financing component for contracts because the length of time is one year or less, between when the Company transfers goods and when the customer is expected to pay. The Company’s shipping costs are sometimes paid by the customer, while other times the shipping costs are included in the sales price for the watches. The Company does not deem shipping as a promised service to the customer because shipping is a fulfillment activity as part of the sale of goods. 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). Three Months Ended Nine Months Ended Customer Type October 31,2018 October 31,2018 Wholesale $ 180,490 $ 404,199 Direct to consumer 27,124 72,236 After-sales service 1,335 3,756 Net Sales $ 208,949 $ 480,191 The Company’s revenue from contracts with customers is recognized at a point in time. The Company’s net sales disaggregated by geography are based on the location of the Company’s customer, (see Note 5 Segment and Geographic Information). Wholesale Revenue The Company’s wholesale revenue consists primarily of revenues from independent distributors, and from department stores, and chain and independent jewelry stores. 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. 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 5 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, concession stores, ecommerce, and consumer repairs. Revenue is recognized as the end consumer obtains delivery of the merchandise. Direct to Consumer revenue derived from concession stores and ecommerce is included within the Watch and Accessory Brands Segment; revenue derived from outlet stores is included within the Company Stores Segment (see Note 5 Segment and Geographic Information). Direct to Consumer revenue is determined based on the type of customer and may be included in either the Watch and Accessory Brands or Company Stores Segments based on how the Company makes decisions about the allocation of resources and performance measurement. After-sales service All watches sold by the Company come with limited warranties covering the movement against defects in material workmanship. The Company does not sell warranties separately. The Company’s after-sales service revenues consists of out of warranty service provided to wholesale 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, control is transferred to the customer and 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.

Accounting Pronouncements Rec_2

Accounting Pronouncements Recently Adopted (Policies)	9 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Revenue	Revenue In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606) which supersedes nearly all existing revenue recognition guidance. Subsequent to the issuance of Topic 606, the FASB clarified the guidance through several Accounting Standard Updates; hereinafter, the collection of revenue guidance is referred to as “ASC 606”. On February 1, 2018, the Company adopted ASC 606 using the modified retrospective method and the Company recognized a reduction of $0.7 million to opening retained earnings as the cumulative effect of adopting the new revenue standard. This adjustment did not have a material impact on the Company’s Consolidated Financial Statements. (See Note 17 - Revenue for additional disclosures required by ASC 606).
Statement of Cash Flows	Statement of Cash Flows In November 2016, the FASB issued ASU 2016-18, “Statement of Cash Flows (Topic 230) — Restricted Cash,” which requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash and restricted cash equivalents. With this standard, amounts generally described as restricted cash or restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning of period and end of period total amounts shown on the statement of cash flows. The Company adopted this guidance on February 1, 2018, and the guidance has been retrospectively applied to all periods presented. The changes to the beginning of period balances presented in the consolidated statement of cash flows are as follows (in thousands): January 31, 2018 January 31, 2017 As previously As previously As adjusted reported As adjusted reported Cash and cash equivalents $ 214,811 $ 214,811 $ 256,279 $ 256,279 Restricted funds included in other non-current assets 600 — 600 — Beginning of period balance presented in the statement of cash flows $ 215,411 $ 214,811 $ 256,879 $ 256,279

Accounting Pronouncements Rec_3

Accounting Pronouncements Recently Adopted (Tables)	9 Months Ended
	Oct. 31, 2018
Accounting Policies [Abstract]
Schedule of Changes to Beginning of Period in the Consolidated Statement of Cash Flows	The changes to the beginning of period balances presented in the consolidated statement of cash flows are as follows (in thousands): January 31, 2018 January 31, 2017 As previously As previously As adjusted reported As adjusted reported Cash and cash equivalents $ 214,811 $ 214,811 $ 256,279 $ 256,279 Restricted funds included in other non-current assets 600 — 600 — Beginning of period balance presented in the statement of cash flows $ 215,411 $ 214,811 $ 256,879 $ 256,279

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Oct. 31, 2018
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 (in thousands) as of October 31, 2018 and 2017 and January 31, 2018: Fair Value at October 31, 2018 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 166 $ — $ — $ 166 Short-term investment Other current assets 154 — — 154 SERP assets - employer Other non-current assets 1,270 — — 1,270 SERP assets - employee Other non-current assets 37,440 — — 37,440 Total $ 39,030 $ — $ — $ 39,030 Liabilities: SERP liabilities - employee Other non-current liabilities $ 37,440 $ — $ — $ 37,440 Hedge derivatives Accrued liabilities — 463 — 463 Contingent purchase price liability Other non-current liabilities — — 16,600 16,600 Total $ 37,440 $ 463 $ 16,600 $ 54,503 Fair Value at January 31, 2018 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 275 $ — $ — $ 275 Short-term investment Other current assets 164 — — 164 SERP assets - employer Other non-current assets 994 — — 994 SERP assets - employee Other non-current assets 38,577 — — 38,577 Hedge derivatives Other current assets — 544 — 544 Total $ 40,010 $ 544 $ — $ 40,554 Liabilities: SERP liabilities - employee Other non-current liabilities $ 38,577 $ — $ — $ 38,577 Hedge derivatives Accrued liabilities — 46 — $ 46 Total $ 38,577 $ 46 $ — $ 38,623 Fair Value at October 31, 2017 Balance Sheet Location Level 1 Level 2 Level 3 Total Assets: Available-for-sale securities Other current assets $ 291 $ — $ — $ 291 Short-term investment Other current assets 156 — — 156 SERP assets - employer Other non-current assets 1,538 — — 1,538 SERP assets - employee Other non-current assets 35,532 — — 35,532 Hedge derivatives Other current assets — 67 — 67 Total $ 37,517 $ 67 $ — $ 37,584 Liabilities: SERP liabilities - employee Other non-current liabilities $ 35,532 $ — $ — $ 35,532 Hedge derivatives Accrued liabilities — 685 — 685 Total $ 35,532 $ 685 $ — $ 36,217
Schedule of Change in the Level 3 Contingent Purchase Price Liability	The following table presents the change in the Level 3 contingent purchase price liability during the three and nine months ended October 31, 2018: Three Months Ended October 31, Nine Months Ended October 31, (In thousands) 2018 2018 Beginning Balance $ — $ — Acquisition of MVMT $ 16,500 $ 16,500 Payments — — Adjustments included in earnings 100 100 Ending Balance $ 16,600 $ 16,600

Equity (Tables)

Equity (Tables)	9 Months Ended
	Oct. 31, 2018
Equity [Abstract]
Components of Equity	The components of equity for the nine months ended October 31, 2018 and 2017 are as follows (in thousands): Movado Group, Inc. Shareholders' Equity Common Stock (1) Class Common Stock (2) Capital Excess Par Retained Earnings Treasury Stock Accumulated Other Comprehensive Income Total Balance, January 31, 2018 $ 273 $ 66 $ 189,808 $ 388,739 $ (208,894 ) $ 100,343 $ 470,335 Net income 44,177 44,177 Dividends (13,855 ) (13,855 ) Adoption of new revenue recognition Standard (Topic 606) (724 ) (724 ) Stock repurchase (3,931 ) (3,931 ) Stock options exercised 3 5,632 (772 ) 4,863 Supplemental executive retirement plan 95 95 Stock-based compensation expense 4,287 4,287 Net unrealized loss on investments, net of tax benefit of $24 (80 ) (80 ) Net change in effective portion of hedging contracts, net of tax of $7 38 38 Foreign currency translation adjustment (3) $ (24,191 ) $ (24,191 ) Balance, October 31, 2018 $ 276 $ 66 $ 199,822 $ 418,337 $ (213,597 ) $ 76,110 $ 481,014 Common Stock (1) Class Common Stock (2) Capital Excess Par Retained Earnings Treasury Stock Accumulated Other Comprehensive Income Total Balance, January 31, 2017 $ 272 $ 66 $ 185,354 $ 415,919 $ (204,398 ) $ 76,780 $ 473,993 Net income 18,683 18,683 Dividends (8,953 ) (8,953 ) Stock repurchase (3,004 ) (3,004 ) Stock options exercised 1 238 (865 ) (626 ) Supplemental executive retirement plan 96 96 Stock-based compensation expense 3,644 3,644 Net unrealized loss on investments, net of tax benefit of $6 (12 ) (12 ) Net change in effective portion of hedging contracts, net of tax of $9 37 37 Foreign currency translation adjustment (3) 3,583 3,583 Balance, October 31, 2017 $ 273 $ 66 $ 189,332 $ 425,649 $ (208,267 ) $ 80,388 $ 487,441 (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.

Segment and Geographic Inform_2

Segment and Geographic Information (Tables)	9 Months Ended
	Oct. 31, 2018
Segment Reporting [Abstract]
Operating Segment Data	Operating Segment Data for the Three Months Ended October 31, 2018 and 2017 (in thousands): Net Sales 2018 2017 Watch and Accessory Brands: Owned brands category $ 80,155 $ 75,138 Licensed brands category 107,694 95,015 After-sales service and all other 1,533 2,159 Total Watch and Accessory Brands 189,382 172,312 Company Stores 19,567 18,381 Consolidated total $ 208,949 $ 190,693 Operating Income (3) (4) 2018 2017 Watch and Accessory Brands $ 21,216 $ 22,250 Company Stores 2,891 2,935 Consolidated total $ 24,107 $ 25,185 Operating Segment Data for the Nine Months Ended October 31, 2018 and 2017 (in thousands): Net Sales 2018 2017 Watch and Accessory Brands: Owned brands category $ 173,270 $ 154,620 Licensed brands category 243,267 208,914 After-sales service and all other 8,026 6,956 Total Watch and Accessory Brands 424,563 370,490 Company Stores 55,628 48,249 Consolidated total $ 480,191 $ 418,739 Operating Income (3) (4) 2018 2017 Watch and Accessory Brands $ 35,784 $ 22,559 Company Stores 9,322 7,295 Consolidated total $ 45,106 $ 29,854 Total Assets October 31, 2018 January 31, 2018 October 31, 2017 Watch and Accessory Brands $ 737,106 $ 621,965 $ 633,101 Company Stores 26,810 23,415 26,465 Consolidated total $ 763,916 $ 645,380 $ 659,566
Geographic Segment Data	Geographic Location Data for the Three Months Ended October 31, 2018 and 2017 (in thousands): Net Sales Operating Income / (Loss) (3) (4 ) 2018 2017 2018 2017 United States (1) $ 94,219 $ 85,685 $ (4,473 ) $ 2,971 International (2) 114,730 105,008 28,580 22,214 Consolidated total $ 208,949 $ 190,693 $ 24,107 $ 25,185 Geographic Location Data for the Nine Months Ended October 31, 2018 and 2017 (in thousands): Net Sales Operating Income / (Loss) (3) (4) 2018 2017 2018 2017 United States (1) $ 202,081 $ 192,325 $ (12,666 ) $ (5,409 ) International (2) 278,110 226,414 57,772 35,263 Consolidated total $ 480,191 $ 418,739 $ 45,106 $ 29,854 (1) The United States operating income (loss) included $23.8 million and $15.8 million of unallocated corporate expenses for the three months ended October 31, 2018 and 2017, respectively. The United States operating loss included $44.5 million and $29.2 million of unallocated corporate expenses for the nine months ended October 31, 2018 and 2017, respectively. (2) The International operating income included $17.9 million and $15.7 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2018 and 2017, respectively. The International operating income included $40.2 million and $31.2 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2018 and 2017, respectively. (3) In the United States and International location of the Watch and Accessory Brands segment, for the three months ended October 31,2017, operating income included a pre-tax charge of (4) expenses primarily related to transaction costs and adjustments in acquisition accounting as a result of the Company’s acquisition of the MVMT brand. of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand In the International location of the Watch and Accessory Brands segment, for the three months ended October 31, 2017, operating income included $1.4 Total Assets October 31, 2018 January 31, 2018 October 31, 2017 United States $ 358,987 $ 188,346 $ 195,659 International 404,929 457,034 463,907 Consolidated total $ 763,916 $ 645,380 $ 659,566 Property, Plant and Equipment, Net October 31, 2018 January 31, 2018 October 31, 2017 United States $ 17,599 $ 16,570 $ 16,762 International 7,872 8,101 7,875 Consolidated total $ 25,471 $ 24,671 $ 24,637

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Oct. 31, 2018
Inventory Disclosure [Abstract]
Components of Inventories	Inventories consisted of the following (in thousands): October 31, 2018 January 31, 2018 October 31, 2017 Finished goods $ 143,134 $ 112,712 $ 129,981 Component parts 38,820 37,404 37,920 Work-in-process 1,585 1,560 1,965 $ 183,539 $ 151,676 $ 169,866

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Oct. 31, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Fair Value and Presentation of Derivatives	The following table summarizes the fair value and presentation in the Consolidated Balance Sheets for derivatives (in thousands): Asset Derivatives Liability Derivatives Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Derivatives not designated as hedging instruments: Foreign Exchange Contracts Other Assets $ — $ 544 $ — Accrued Liabilities $ 463 $ 2 $ 685 Total Derivative Instruments $ — $ 544 $ — $ 463 $ 2 $ 685 Asset Derivatives Liability Derivatives Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Balance Sheet Location October 31, 2018 Fair Value January 31, 2018 Fair Value October 31, 2017 Fair Value Derivatives designated as hedging instruments: Foreign Exchange Contracts Other Assets $ — $ — $ 67 Accrued Liabilities $ — $ 44 $ — Total Derivative Instruments $ — $ — $ 67 $ — $ 44 $ —

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Oct. 31, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Components of Accumulated Other Comprehensive Income	The components of accumulated other comprehensive income consisted of the following (in thousands): Currency Translation Adjustments Available-for-sale securities Hedging Contracts Total Balance, January 31, 2018 $ 100,190 $ 191 $ (38 ) $ 100,343 Other comprehensive (loss) / income before reclassifications (24,191 ) (80 ) 398 $ (23,873 ) Amounts reclassified from accumulated other comprehensive income (1) — — (360 ) $ (360 ) Net current-period other comprehensive (loss) / income (24,191 ) (80 ) 38 (24,233 ) Balance, October 31, 2018 $ 75,999 $ 111 $ — $ 76,110 Currency Translation Adjustments Available-for-sale securities Hedging Contracts Total Balance, January 31, 2017 $ 76,569 $ 197 $ 14 $ 76,780 Other comprehensive income before reclassifications 3,583 (12 ) 931 $ 4,502 Amounts reclassified from accumulated other comprehensive income (1) — — (894 ) $ (894 ) Net current-period other comprehensive income / (loss) 3,583 (12 ) 37 3,608 Balance, October 31, 2017 $ 80,152 $ 185 $ 51 $ 80,388 (1) Amounts reclassified to earnings in the Consolidated Statements of Operations.

Cost Savings Initiatives (Table

Cost Savings Initiatives (Tables)	9 Months Ended
	Oct. 31, 2018
Restructuring And Related Activities [Abstract]
Summary of Costs Related to Cost Savings Initiatives	A summary roll-forward of costs related to the cost savings initiatives is as follows (in thousands): Balance at January 31, 2018 Cash payments Foreign exchange Balance in Accrued Liabilities at October 31, 2018 $ 931 $ (601 ) $ (1 ) $ 329 Other 919 (192 ) (61 ) 666 Occupancy charges 74 (30 ) (4 ) 40 Total $ 1,924 $ (823 ) $ (66 ) $ 1,035

Acquisition (Tables)

Acquisition (Tables)	9 Months Ended
	Oct. 31, 2018
Business Combinations [Abstract]
Summary of Fair Value of Assets Acquired and Liabilities Assumed at Acquisition Date	The following table summarizes the fair value of the assets acquired and liabilities assumed as of the October 1, 2018 acquisition date (in thousands): Assets Acquired and Liabilities Assumed Fair Value Cash and cash equivalents $ 3,848 Trade receivables 370 Inventories 14,552 Prepaid expenses and other current assets 2,325 Property, plant and equipment 179 Other non-current Assets 6,500 Goodwill 77,542 Trade name and other intangibles 28,928 Total assets acquired 134,244 Accounts payable 5,982 Accrued liabilities 9,018 Other non-current liabilities 7,064 Total liabilities assumed 22,064 Total purchase price $ 112,180
Summary of Unaudited Pro Forma Information	The following table provides the Company’s unaudited pro forma net sales, net income and net income per basic and diluted common share as if the results of operations of the MVMT brand had been included in the Company’s operations commencing on February 1, 2017, based on available information relating to operations of the MVMT brand. This pro forma information is not necessarily indicative either of the combined results of operations that actually would have been realized by the Company had the MVMT brand acquisition been consummated at the beginning of the period for which the pro forma information is presented, or of future results. Three Months Ended October 31, Nine Months Ended October 31, 2018 2017 (1) 2018 2017 (1) (In thousands, except per share data) (Unaudited) (Unaudited) Net sales $ 217,950 $ 203,316 $ 513,211 $ 452,204 Net income $ 32,814 $ 10,197 $ 48,044 $ 1,495 Basic income per share: Net income per share attributed to Movado Group, $ 1.41 $ 0.44 $ 2.07 $ 0.06 Diluted income per share: Net income per share attributed to Movado Group, Inc. $ 1.39 $ 0.44 $ 2.03 $ 0.06 (1) Includes non-recurring transaction costs of $6.5 million associated with the acquisition.
Summary of Company's Goodwill by Segment	The change in the carrying amount of the goodwill associated with the MVMT brand, which is included in the Watch and Accessory Brands segment, is as follows (in thousands): Total Balance, January 31, 2018 $ — Acquisition of the MVMT brand 77,542 Balance, October 31, 2018 $ 77,542
Summary of Trade Name and Other Intangible Assets	Trade name and other intangible assets consist of the following (in thousands): As of October 31, 2018 Gross carrying amount Accumulated amortization Net Intangible assets subject to amortization: Trade name $ 24,700 $ 206 $ 24,494 Customer relationships 4,200 35 $ 4,165 Total intangible assets $ 28,900 $ 241 $ 28,659

Revenue (Tables)

Revenue (Tables)	9 Months Ended
	Oct. 31, 2018
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). Three Months Ended Nine Months Ended Customer Type October 31,2018 October 31,2018 Wholesale $ 180,490 $ 404,199 Direct to consumer 27,124 72,236 After-sales service 1,335 3,756 Net Sales $ 208,949 $ 480,191
ASU 2014-09
Impact of Adoption of Standard on Consolidated Balance Sheet and Consolidated Statement of Operations	The impact of the adoption of the standard on the Company’s October 31, 2018 Consolidated Balance Sheet and for the three and nine months ended October 31, 2018 Consolidated Statement of Operations were as follows (in thousands): As of October 31, 2018 As reported Balances Without Adoption Impact of Adoption Assets Trade Receivables, net $ 126,106 $ 126,063 $ 43 Inventories $ 183,539 $ 184,026 $ (486 ) Deferred and non-current income taxes $ 17,400 $ 17,235 $ 165 Liabilities Accrued liabilities $ 80,291 $ 80,284 $ 7 Income taxes payable $ 9,617 $ 9,583 $ 34 Deferred and non-current income taxes $ 29,519 $ 29,508 $ 11 Three Months Ended October 31,2018 As reported Amounts Without Adoption Impact of Adoption Net sales $ 208,949 $ 209,964 $ (1,015 ) Gross profit $ 113,364 $ 114,317 $ (953 ) Net income $ 26,922 $ 27,525 $ (603 ) Nine Months Ended October 31,2018 As reported Amounts Without Adoption Impact of Adoption Net sales $ 480,191 $ 480,148 $ 43 Gross profit $ 258,722 $ 259,164 $ (443 ) Net income $ 44,177 $ 44,507 $ (330 )

Accounting Pronouncements Rec_4

Accounting Pronouncements Recently Adopted (Details Textual) $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)
Changes To Critical Accounting Policies [Line Items]
Cumulative effect on retained earnings	$ 724
ASC 606
Changes To Critical Accounting Policies [Line Items]
Cumulative effect on retained earnings	$ 700

Accounting Pronouncements Rec_5

Accounting Pronouncements Recently Adopted (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017	Jan. 31, 2017
Changes To Critical Accounting Policies [Line Items]
Cash and cash equivalents	$ 142,668	$ 214,811	$ 155,484
ASU 2016-18
Changes To Critical Accounting Policies [Line Items]
Cash and cash equivalents		214,811		$ 256,279
Restricted funds included in other non-current assets		$ 600		$ 600
Restricted Cash, Noncurrent, Asset, Statement of Financial Position [Extensible List]		us-gaap:OtherNoncurrentAssetsMember		us-gaap:OtherNoncurrentAssetsMember
Beginning of period balance presented in the statement of cash flows		$ 215,411		$ 256,879
ASU 2016-18 | As Previously Reported
Changes To Critical Accounting Policies [Line Items]
Cash and cash equivalents		$ 214,811		$ 256,279
Restricted Cash, Noncurrent, Asset, Statement of Financial Position [Extensible List]		us-gaap:OtherNoncurrentAssetsMember		us-gaap:OtherNoncurrentAssetsMember
Beginning of period balance presented in the statement of cash flows		$ 214,811		$ 256,279

Fair Value Measurements (Detail

Fair Value Measurements (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
Assets:
Total assets measured at fair value	$ 39,030	$ 40,554	$ 37,584
Liabilities:
Total liabilities measured at fair value	54,503	38,623	36,217
Level 1
Assets:
Total assets measured at fair value	39,030	40,010	37,517
Liabilities:
Total liabilities measured at fair value	37,440	38,577	35,532
Level 2
Assets:
Total assets measured at fair value		544	67
Liabilities:
Total liabilities measured at fair value	463	46	685
Level 3
Liabilities:
Total liabilities measured at fair value	16,600
Other Current Assets | Available-for-sale securities
Assets:
Total assets measured at fair value	166	275	291
Other Current Assets | Short-term investment
Assets:
Total assets measured at fair value	154	164	156
Other Current Assets | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		544	67
Other Current Assets | Level 1 | Available-for-sale securities
Assets:
Total assets measured at fair value	166	275	291
Other Current Assets | Level 1 | Short-term investment
Assets:
Total assets measured at fair value	154	164	156
Other Current Assets | Level 2 | Hedge derivatives-Assets
Assets:
Total assets measured at fair value		544	67
Other non-current assets | SERP assets - employer
Assets:
Total assets measured at fair value	1,270	994	1,538
Other non-current assets | SERP assets - employee
Assets:
Total assets measured at fair value	37,440	38,577	35,532
Other non-current assets | Level 1 | SERP assets - employer
Assets:
Total assets measured at fair value	1,270	994	1,538
Other non-current assets | Level 1 | SERP assets - employee
Assets:
Total assets measured at fair value	37,440	38,577	35,532
Other non-current liabilities | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	37,440	38,577	35,532
Other non-current liabilities | Contingent Purchase Price Liability
Liabilities:
Total liabilities measured at fair value	16,600
Other non-current liabilities | Level 1 | SERP liabilities - employee
Liabilities:
Total liabilities measured at fair value	37,440	38,577	35,532
Other non-current liabilities | Level 3 | Contingent Purchase Price Liability
Liabilities:
Total liabilities measured at fair value	16,600
Accrued Liabilities | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	463	46	685
Accrued Liabilities | Level 2 | Hedge derivatives-Liabilities
Liabilities:
Total liabilities measured at fair value	$ 463	$ 46	$ 685

Fair Value Measurements (Deta_2

Fair Value Measurements (Details Textual)	9 Months Ended
	Oct. 31, 2018USD ($)
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
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

Fair Value Measurements (Deta_3

Fair Value Measurements (Details 1) - Level 3 - Contingent Purchase Price Liability - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Oct. 31, 2018	Oct. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Acquisition of MVMT	$ 16,500	$ 16,500
Adjustments included in earnings	100	100
Ending Balance	$ 16,600	$ 16,600

Equity (Details)

Equity (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018		Oct. 31, 2017
Beginning Balance				$ 470,335		$ 473,993
Net income				44,177		18,683
Dividends				(13,855)		(8,953)
Adoption of new revenue recognition Standard (Topic 606)				(724)
Stock repurchase				(3,931)		(3,004)
Stock options exercised				4,863		(626)
Supplemental executive retirement plan				95		96
Stock-based compensation expense				4,287		3,644
Net unrealized loss on investments, net of tax benefit				(80)		(12)
Net change in effective portion of hedging contracts, net of tax		$ (66)	$ 448	38		37
Foreign currency translation adjustments		(4,210)	(5,525)	(24,191)	[1]	3,583	[1]
Ending Balance		481,014	487,441	481,014		487,441
Common Stock Class Undefined
Beginning Balance	[2]			273		272
Stock options exercised	[2]			3		1
Ending Balance	[2]	276	273	276		273
Class A Common Stock
Beginning Balance	[3]			66		66
Ending Balance	[3]	66	66	66		66
Capital in Excess of Par Value
Beginning Balance				189,808		185,354
Stock options exercised				5,632		238
Supplemental executive retirement plan				95		96
Stock-based compensation expense				4,287		3,644
Ending Balance		199,822	189,332	199,822		189,332
Retained Earnings
Beginning Balance				388,739		415,919
Net income				44,177		18,683
Dividends				(13,855)		(8,953)
Adoption of new revenue recognition Standard (Topic 606)				(724)
Ending Balance		418,337	425,649	418,337		425,649
Treasury Stock
Beginning Balance				(208,894)		(204,398)
Stock repurchase				(3,931)		(3,004)
Stock options exercised				(772)		(865)
Ending Balance		(213,597)	(208,267)	(213,597)		(208,267)
Accumulated Other Comprehensive Income
Beginning Balance				100,343		76,780
Net unrealized loss on investments, net of tax benefit				(80)		(12)
Net change in effective portion of hedging contracts, net of tax				38		37
Foreign currency translation adjustments	[1]			(24,191)		3,583
Ending Balance		$ 76,110	$ 80,388	$ 76,110		$ 80,388
[1]	The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.
[2]	Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[3]	Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation as amended. The class A common stock is not publicly traded, and consequently, there is currently no established public trading market for these shares.

Equity (Details) (Parenthetical

Equity (Details) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Net unrealized gain on investments, tax (benefit)	$ (5)	$ (6)	$ (24)	$ (6)
Net change in effective portion of hedging contracts, tax	$ (13)	$ 88	$ 7	$ 9
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.

Segment and Geographic Inform_3

Segment and Geographic Information (Details Textual) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2018USD ($)SegmentLocation	Oct. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment				2
Number of geographic locations | Location				2
Net sales		$ 208,949	$ 190,693	$ 480,191	$ 418,739
Unallocated corporate expenses		23,800	15,800	44,500	29,200
Profits related to the company's supply chain operations		17,900	15,700	40,200	31,200
Watch and Accessory Brands
Segment Reporting Information [Line Items]
Net sales		189,382	172,312	424,563	370,490
Intersegment Eliminations
Segment Reporting Information [Line Items]
Net sales		109,400	87,200	250,500	211,800
United States
Segment Reporting Information [Line Items]
Net sales	[1]	94,219	85,685	202,081	192,325
United States | Watch and Accessory Brands
Segment Reporting Information [Line Items]
Expenses primarily related to transaction costs and adjustments in acquisition accounting					200
United States | Watch and Accessory Brands | MVMT Watches Inc.
Segment Reporting Information [Line Items]
Expenses primarily related to transaction costs and adjustments in acquisition accounting		10,900		11,900
United States | Watch and Accessory Brands | Cost Savings Initiatives
Segment Reporting Information [Line Items]
Operating efficiency initiatives and other items					3,900
International
Segment Reporting Information [Line Items]
Net sales	[2]	114,730	105,008	278,110	226,414
International | Watch and Accessory Brands
Segment Reporting Information [Line Items]
Expenses primarily related to transaction costs and adjustments in acquisition accounting					5,700
Expenses primarily related to amortization of acquired intangible assets		$ 700	1,400	$ 2,200
International | Watch and Accessory Brands | Cost Savings Initiatives
Segment Reporting Information [Line Items]
Operating efficiency initiatives and other items			$ 100		$ 9,500
Geographic Concentration Risk | Europe | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution		34.30%	35.70%	33.50%	31.70%
Geographic Concentration Risk | Americas (excluding the United States) | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution		8.30%	8.40%	9.30%	9.40%
Geographic Concentration Risk | Asia | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution		6.10%	4.50%	7.00%	5.20%
Geographic Concentration Risk | Middle East | Total net sales
Segment Reporting Information [Line Items]
International Operations Contribution		6.00%	6.50%	8.20%	7.80%
[1]	The United States operating income (loss) included $23.8 million and $15.8 million of unallocated corporate expenses for the three months ended October 31, 2018 and 2017, respectively. The United States operating loss included $44.5 million and $29.2 million of unallocated corporate expenses for the nine months ended October 31, 2018 and 2017, respectively.
[2]	The International operating income included $17.9 million and $15.7 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2018 and 2017, respectively. The International operating income included $40.2 million and $31.2 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2018 and 2017, respectively.

Segment and Geographic Inform_4

Segment and Geographic Information (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Operating segment data
Net sales		$ 208,949	$ 190,693	$ 480,191	$ 418,739
Operating Income	[1],[2]	24,107	25,185	45,106	29,854
Total Assets		763,916	659,566	763,916	659,566	$ 645,380
Watch and Accessory Brands
Operating segment data
Net sales		189,382	172,312	424,563	370,490
Operating Income	[1],[2]	21,216	22,250	35,784	22,559
Total Assets		737,106	633,101	737,106	633,101	621,965
Watch and Accessory Brands | Owned brands category
Operating segment data
Net sales		80,155	75,138	173,270	154,620
Watch and Accessory Brands | Licensed brands category
Operating segment data
Net sales		107,694	95,015	243,267	208,914
Watch and Accessory Brands | After-sales service and all other
Operating segment data
Net sales		1,533	2,159	8,026	6,956
Company Stores
Operating segment data
Net sales		19,567	18,381	55,628	48,249
Operating Income	[1],[2]	2,891	2,935	9,322	7,295
Total Assets		$ 26,810	$ 26,465	$ 26,810	$ 26,465	$ 23,415
[1]	In the United States and International location of the Watch and Accessory Brands segment, for the three months ended October 31,2017, operating income included a pre-tax charge of $0.1 million, as a result of the Company’s cost savings initiatives. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included a pre-tax charge of $3.9 million and $9.5 million, respectively, as a result of the Company’s cost savings initiatives.
[2]	In the United States locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $10.9 and 11.9 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting as a result of the Company’s acquisition of the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $0.7 and $2.2 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. In the International location of the Watch and Accessory Brands segment, for the three months ended October 31, 2017, operating income included $1.4 million of expenses primarily related to the amortization of acquired assets, as a result of the Company’s acquisition of the Olivia Burton brand. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included $0.2 million and $5.7 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting, as a result of the Company’s acquisition of the Olivia Burton brand.

Segment and Geographic Inform_5

Segment and Geographic Information (Details 1) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales		$ 208,949	$ 190,693	$ 480,191	$ 418,739
Operating Income / (Loss)	[1],[2]	24,107	25,185	45,106	29,854
Total Assets		763,916	659,566	763,916	659,566	$ 645,380
Property, Plant and Equipment, Net		25,471	24,637	25,471	24,637	24,671
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[3]	94,219	85,685	202,081	192,325
Operating Income / (Loss)	[1],[2],[3]	(4,473)	2,971	(12,666)	(5,409)
Total Assets		358,987	195,659	358,987	195,659	188,346
Property, Plant and Equipment, Net		17,599	16,762	17,599	16,762	16,570
International
Revenues From External Customers And Long Lived Assets [Line Items]
Net sales	[4]	114,730	105,008	278,110	226,414
Operating Income / (Loss)	[1],[2],[4]	28,580	22,214	57,772	35,263
Total Assets		404,929	463,907	404,929	463,907	457,034
Property, Plant and Equipment, Net		$ 7,872	$ 7,875	$ 7,872	$ 7,875	$ 8,101
[1]	In the United States and International location of the Watch and Accessory Brands segment, for the three months ended October 31,2017, operating income included a pre-tax charge of $0.1 million, as a result of the Company’s cost savings initiatives. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included a pre-tax charge of $3.9 million and $9.5 million, respectively, as a result of the Company’s cost savings initiatives.
[2]	In the United States locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $10.9 and 11.9 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting as a result of the Company’s acquisition of the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the three months and nine months ended October 31, 2018, operating income included $0.7 and $2.2 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. In the International location of the Watch and Accessory Brands segment, for the three months ended October 31, 2017, operating income included $1.4 million of expenses primarily related to the amortization of acquired assets, as a result of the Company’s acquisition of the Olivia Burton brand. In the United States and International locations of the Watch and Accessory Brands segment, for the nine months ended October 31, 2017, operating (loss) / income included $0.2 million and $5.7 million, respectively, of expenses primarily related to transaction costs and adjustments in acquisition accounting, as a result of the Company’s acquisition of the Olivia Burton brand.
[3]	The United States operating income (loss) included $23.8 million and $15.8 million of unallocated corporate expenses for the three months ended October 31, 2018 and 2017, respectively. The United States operating loss included $44.5 million and $29.2 million of unallocated corporate expenses for the nine months ended October 31, 2018 and 2017, respectively.
[4]	The International operating income included $17.9 million and $15.7 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended October 31, 2018 and 2017, respectively. The International operating income included $40.2 million and $31.2 million of certain intercompany profits related to the Company’s supply chain operations for the nine months ended October 31, 2018 and 2017, respectively.

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
Inventory Net [Abstract]
Finished goods	$ 143,134	$ 112,712	$ 129,981
Component parts	38,820	37,404	37,920
Work-in-process	1,585	1,560	1,965
Inventories	$ 183,539	$ 151,676	$ 169,866

Debt and Lines of Credit (Detai

Debt and Lines of Credit (Details Textual)	Oct. 12, 2018USD ($)	Oct. 31, 2018USD ($)CreditFacilityBankSubsidiary	Oct. 31, 2018CHF (SFr)CreditFacilityBankSubsidiary	Oct. 31, 2017USD ($)BankSubsidiary	Oct. 31, 2017CHF (SFr)BankSubsidiary
Debt Instrument [Line Items]
Number of issued standby letter of credit | CreditFacility		2	2
Minimum
Debt Instrument [Line Items]
Consolidated Earnings Before Interest Tax Depreciation And Amortization		$ 50,000,000
Secured Debt | Credit Agreement Due on October 12, 2023
Debt Instrument [Line Items]
Letter of credit outstanding amount		$ 300,000
Secured Debt | Credit Agreement Due On January Thirty Two Thousand Twenty | Maximum
Debt Instrument [Line Items]
Consolidated leverage ratio		250.00%	250.00%
Unsecured Debt | Swiss subsidiary
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity		$ 6,400,000	SFr 6,500,000	$ 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		49,600,000	SFr 50,000,000
Line of credit facility remaining borrowing capacity		$ 50,100,000
Revolving Credit Facility | Secured Debt | Credit Agreement Due On January Thirty Two Thousand Twenty | LIBOR | Minimum
Debt Instrument [Line Items]
Applicable margin rate		1.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due On January Thirty Two Thousand Twenty | LIBOR | Maximum
Debt Instrument [Line Items]
Applicable margin rate		1.75%
Revolving Credit Facility | Secured Debt | Credit Agreement Due On January Thirty Two Thousand Twenty | Base Rate | Minimum
Debt Instrument [Line Items]
Applicable margin rate		0.00%
Revolving Credit Facility | Secured Debt | Credit Agreement Due On January Thirty Two Thousand Twenty | 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, 2019
Outstanding borrowing amount		$ 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
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
Line 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		$ 1,100,000		$ 1,100,000
Restricted deposit relates to lease agreement		$ 600,000		$ 600,000

Earnings Per Share (Details Tex

Earnings Per Share (Details Textual) - shares	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Earnings Per Share [Abstract]
Weighted basic average shares outstanding	23,254,000	23,079,000	23,200,000	23,080,000
Increase in number of shares outstanding for diluted earnings per share	444,000	194,000	424,000	181,000
Dilutive common stock equivalents were excluded from the computation of diluted earnings per share	2,000	798,000	77,000	803,000

Commitments and Contingencies (

Commitments and Contingencies (Details Textual)	Oct. 01, 2018USD ($)ContingentPayment	Dec. 31, 2016USD ($)	Jul. 31, 2017USD ($)	Oct. 31, 2018USD ($)
Loss Contingencies [Line Items]
Transition tax payable due to enactment of 2017 tax act				$ 28,200,000
Payment of transition tax installments period				8 years
Underpaid duty charges due to alternative duty methodology		$ 5,100,000
Underpaid duty methodology period covered by statute of limitation		5 years
Lawsuit filing date				October 23, 2018
MVMT Watches Inc.
Loss Contingencies [Line Items]
Business acqusition, number of future contingent payments | ContingentPayment	2
MVMT Watches Inc. | Maximum
Loss Contingencies [Line Items]
Business acqusition, additional purchase price future contingent payments before tax benefits	$ 100,000,000
Other Current Assets
Loss Contingencies [Line Items]
Restricted cash deposits released			$ 1,000,000

Income Taxes (Details Textual)

Income Taxes (Details Textual) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017	Jan. 31, 2018
Income Tax Disclosure [Abstract]
Corporate income tax rate	21.00%	35.00%	21.00%	35.00%	35.00%
Income tax benefit from foreign operations	$ 3,900,000	$ 0		$ 0
Income tax expense (benefit)	$ (2,817,000)	$ 7,490,000	$ 657,000	$ 10,341,000
Effective tax rate for continuing operations	(11.70%)	30.10%	1.50%	35.60%

Derivative Financial Instrume_3

Derivative Financial Instruments (Details Textual) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Oct. 31, 2018USD ($)		Oct. 31, 2017USD ($)		Oct. 31, 2018CHF (SFr)	Oct. 31, 2018EUR (€)	Oct. 31, 2018GBP (£)	Oct. 31, 2018CNY (¥)
Derivatives Fair Value [Line Items]
Maximum length of time hedged in cash flow hedge				24 months
Amounts reclassified from accumulated other comprehensive income (loss)	[1]			$ 360		$ (894)
Net Unrealized Income (Loss) On Hedging Contracts
Derivatives Fair Value [Line Items]
Amounts reclassified from accumulated other comprehensive income (loss)		$ 100	$ (400)	$ 360	[1]	(894)	[1]
Accumulated other comprehensive income, tax expense (benefit)			$ (100)			$ (200)
Foreign Exchange Forward
Derivatives Fair Value [Line Items]
Net forward contracts hedging portfolio								SFr 38,000,000	€ 16,700,000	£ 4,600,000	¥ 22,200,000
Maximum
Derivatives Fair Value [Line Items]
Expiry dates ranging				Apr. 24, 2019
[1]	Amounts reclassified to earnings in the Consolidated Statements of Operations.

Derivative Financial Instrume_4

Derivative Financial Instruments (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
Not Designated as Hedging Instrument
Fair value and presentation of derivatives
Asset Derivatives		$ 544
Liability Derivatives	$ 463	2	$ 685
Not Designated as Hedging Instrument | Foreign Exchange Contracts | Other Current Assets
Fair value and presentation of derivatives
Asset Derivatives		544
Not Designated as Hedging Instrument | Foreign Exchange Contracts | Accrued Liabilities
Fair value and presentation of derivatives
Liability Derivatives	$ 463	2	685
Designated as Hedging Instrument
Fair value and presentation of derivatives
Asset Derivatives			67
Liability Derivatives		44
Designated as Hedging Instrument | Foreign Exchange Contracts | Other Current Assets
Fair value and presentation of derivatives
Asset Derivatives			$ 67
Designated as Hedging Instrument | Foreign Exchange Contracts | Accrued Liabilities
Fair value and presentation of derivatives
Liability Derivatives		$ 44

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018		Oct. 31, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				$ 470,335
Other comprehensive (loss) / income before reclassifications				(23,873)		$ 4,502
Amounts reclassified from accumulated other comprehensive income	[1]			(360)		894
Net current-period other comprehensive (loss) / income				(24,233)		3,608
Ending Balance		$ 481,014	$ 487,441	481,014		487,441
Currency Translation Adjustments
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				100,190		76,569
Other comprehensive (loss) / income before reclassifications				(24,191)		3,583
Net current-period other comprehensive (loss) / income				(24,191)		3,583
Ending Balance		75,999	80,152	75,999		80,152
Available-for-sale securities
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				191		197
Other comprehensive (loss) / income before reclassifications				(80)		(12)
Net current-period other comprehensive (loss) / income				(80)		(12)
Ending Balance		111	185	111		185
Hedging Contracts
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				(38)		14
Other comprehensive (loss) / income before reclassifications				398		931
Amounts reclassified from accumulated other comprehensive income		(100)	400	(360)	[1]	894	[1]
Net current-period other comprehensive (loss) / income				38		37
Ending Balance			51			51
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income Loss [Line Items]
Beginning Balance				100,343		76,780
Ending Balance		$ 76,110	$ 80,388	$ 76,110		$ 80,388
[1]	Amounts reclassified to earnings in the Consolidated Statements of Operations.

Treasury Stock (Details Textual

Treasury Stock (Details Textual) - USD ($)	Aug. 29, 2017	Oct. 31, 2018	Oct. 31, 2017	Aug. 29, 2017	Mar. 31, 2016
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased			120,507
Stock repurchase program, total cost of shares repurchased		$ 3,931,000	$ 3,004,000
Stock repurchase program, average per share price of shares repurchased			$ 24.93
Current Share Repurchase Program
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized	$ 50,000,000			$ 50,000,000
Stock repurchase program expiration date	Aug. 29, 2020
Stock repurchase program, number of shares repurchased		99,191
Stock repurchase program, total cost of shares repurchased		$ 3,900,000
Stock repurchase program, average per share price of shares repurchased		$ 39.64
Previously Authorized Repurchase Plan
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares authorized					$ 50,000,000
Stock repurchase program, total cost of shares repurchased				$ 5,500,000
Surrender of Shares by Employee
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased		19,003	36,843
Movado Group Foundation
Equity Class Of Treasury Stock [Line Items]
Stock repurchase program, number of shares repurchased			20,000
Stock repurchase program, total cost of shares repurchased			$ 500,000
Stock repurchase program, average per share price of shares repurchased			$ 22.90

Cost Savings Initiatives (Detai

Cost Savings Initiatives (Details Textual) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Oct. 31, 2017	Jan. 31, 2018
Restructuring Cost And Reserve [Line Items]
Cost savings initiative	$ 13,437
Cost Savings Initiatives
Restructuring Cost And Reserve [Line Items]
Cost savings initiative		$ 13,600

Cost Savings Initiatives (Det_2

Cost Savings Initiatives (Details) - Cost Savings Initiatives $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)
Restructuring Cost And Reserve [Line Items]
Balance at January 31, 2018	$ 1,924
Cash payments	(823)
Foreign exchange	(66)
Balance in Accrued Liabilities at October 31, 2018	1,035
Severance and Payroll Related
Restructuring Cost And Reserve [Line Items]
Balance at January 31, 2018	931
Cash payments	(601)
Foreign exchange	(1)
Balance in Accrued Liabilities at October 31, 2018	329
Other
Restructuring Cost And Reserve [Line Items]
Balance at January 31, 2018	919
Cash payments	(192)
Foreign exchange	(61)
Balance in Accrued Liabilities at October 31, 2018	666
Occupancy Charges
Restructuring Cost And Reserve [Line Items]
Balance at January 31, 2018	74
Cash payments	(30)
Foreign exchange	(4)
Balance in Accrued Liabilities at October 31, 2018	$ 40

Acquisition (Details Textual)

Acquisition (Details Textual)	Oct. 01, 2018USD ($)ContingentPayment	Oct. 31, 2018USD ($)	Oct. 31, 2018USD ($)	Oct. 31, 2018USD ($)	Oct. 31, 2017USD ($)	Jan. 31, 2018USD ($)
Business Acquisition [Line Items]
Business acquisition, net of cash acquired				$ 93,040,000	$ 78,991,000
Goodwill		$ 131,756,000	$ 131,756,000	131,756,000	$ 56,316,000	$ 60,269,000
MVMT Watches Inc.
Business Acquisition [Line Items]
Business acquisition, date of acquisition agreement	Oct. 1, 2018
Business acqusition, purchase price initial payment before tax benefits	$ 100,000,000
Business acqusition, number of future contingent payments | ContingentPayment	2
Business acquisition, net of cash acquired	$ 108,400,000
Business acquisition, cash acquired	3,800,000
Inventories step-up adjustment	$ 700,000
Inventories step-up adjustment amortization period	5 months
Business combination recognized intangible assets	$ 28,928,000
Business acquisition, contingent consideration arrangements, description	If the costs to settle the contingencies exceed the escrowed balances, the additional
Business acquisition, non-current liability	$ 16,500,000	16,600,000	16,600,000	16,600,000
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
Possible outcomes for contingent consideration, minimum	0
Possible outcomes for contingent consideration, maximum	100,000,000
Goodwill	$ 77,542,000	77,542,000	77,542,000	77,542,000
Amortization of goodwill	15 years
Net sales since acquisition date		5,000,000
Net income since acquisition date		300,000
Estimated amortization expense, remainder of fiscal year 2019		700,000	700,000	700,000
Estimated amortization expense, fiscal year 2020		14,500,000	14,500,000	14,500,000
Estimated amortization expense, fiscal year 2021		14,500,000	14,500,000	14,500,000
Estimated amortization expense, fiscal year 2022		14,500,000	14,500,000	14,500,000
Estimated amortization expense, fiscal year 2023		14,500,000	14,500,000	14,500,000
Estimated amortization expense, fiscal year 2024		14,500,000	14,500,000	14,500,000
Estimated amortization expense, total in the years thereafter		$ 13,500,000	13,500,000	13,500,000
MVMT Watches Inc. | Operating Income
Business Acquisition [Line Items]
Business acquisition, increase of liability				100,000
MVMT Watches Inc. | Other non-current assets
Business Acquisition [Line Items]
Business acquisition, other non-current assets related to escrow amounts	$ 6,500,000
MVMT Watches Inc. | Other non-current liabilities
Business Acquisition [Line Items]
Business acquisition, preacquisition contingencies related to escrow amounts	6,500,000
MVMT Watches Inc. | Trade Name
Business Acquisition [Line Items]
Business combination recognized intangible assets	$ 24,700,000
Intangible asset amortization period	10 years
MVMT Watches Inc. | Customer Relationships
Business Acquisition [Line Items]
Business combination recognized intangible assets	$ 4,200,000
Intangible asset amortization period	10 years
MVMT Watches Inc. | U.S. and International Location | Watch and Accessory Brands
Business Acquisition [Line Items]
Expenses primarily related to transaction costs and adjustments in acquisition accounting			$ 10,900,000	$ 11,900,000
MVMT Watches Inc. | Maximum
Business Acquisition [Line Items]
Business acqusition, additional purchase price future contingent payments before tax benefits	$ 100,000,000

Acquisition (Details)

Acquisition (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Oct. 01, 2018	Jan. 31, 2018	Oct. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 131,756		$ 60,269	$ 56,316
MVMT Watches Inc.
Business Acquisition [Line Items]
Cash and cash equivalents		$ 3,848
Trade receivables		370
Inventories		14,552
Prepaid expenses and other current assets		2,325
Property, plant and equipment		179
Other non-current Assets		6,500
Goodwill	$ 77,542	77,542
Trade name and other intangibles		28,928
Total assets acquired		134,244
Accounts payable		5,982
Accrued liabilities		9,018
Other non-current liabilities		7,064
Total liabilities assumed		22,064
Total purchase price		$ 112,180

Acquisition (Details 1)

Acquisition (Details 1) - MVMT Watches Inc. - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended			9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	[1]	Oct. 31, 2018	Oct. 31, 2017	[1]
Business Acquisition [Line Items]
Net sales	$ 217,950	$ 203,316		$ 513,211	$ 452,204
Net income	$ 32,814	$ 10,197		$ 48,044	$ 1,495
Net income per share attributed to Movado Group, Inc.	$ 1.41	$ 0.44		$ 2.07	$ 0.06
Net income per share attributed to Movado Group, Inc.	$ 1.39	$ 0.44		$ 2.03	$ 0.06
[1]	Includes non-recurring transaction costs of $6.5 million associated with the acquisition.

Acquisition (Details 1) (Parent

Acquisition (Details 1) (Parenthetical) $ in Millions	Oct. 31, 2017USD ($)
Business Acquisition Pro Forma Information [Abstract]
Non-recurring transaction costs	$ 6.5

Acquisition (Details 2)

Acquisition (Details 2) $ in Thousands	9 Months Ended
	Oct. 31, 2018USD ($)
Business Combination Segment Allocation [Line Items]
Beginning Balance	$ 60,269
Ending Balance	131,756
MVMT Watches Inc.
Business Combination Segment Allocation [Line Items]
Acquisition of the MVMT brand	77,542
Ending Balance	$ 77,542

Acquisition (Details 3)

Acquisition (Details 3) - MVMT Watches Inc. $ in Thousands	Oct. 31, 2018USD ($)
Business Acquisition [Line Items]
Gross carrying amount	$ 28,900
Accumulated amortization	241
Net	28,659
Trade Name
Business Acquisition [Line Items]
Gross carrying amount	24,700
Accumulated amortization	206
Net	24,494
Customer Relationships
Business Acquisition [Line Items]
Gross carrying amount	4,200
Accumulated amortization	35
Net	$ 4,165

Revenue (Details Textual)

Revenue (Details Textual)	9 Months Ended
	Oct. 31, 2018USD ($)
Disaggregation Of Revenue [Line Items]
Cumulative effect on retained earnings	$ 724,000
ASU 2014-09
Disaggregation Of Revenue [Line Items]
Cumulative effect on retained earnings	$ 700,000
Revenue recognition, cloud service and app update estimated period	2 years
Contract costs to obtain or fulfill	$ 0
Practical expedients and exemptions, financing component [true/false]	true

Revenue (Details)

Revenue (Details) - USD ($) $ in Thousands	Oct. 31, 2018	Jan. 31, 2018	Oct. 31, 2017
ASSETS
Trade receivables, net	$ 126,106	$ 83,098	$ 132,941
Inventories	183,539	151,676	169,866
Deferred and non-current income taxes	17,400	6,443	23,610
Liabilities
Accrued liabilities	80,291	47,943	62,666
Income taxes payable	9,617	2,989	5,192
Deferred and non-current income taxes payable	29,519	$ 33,063	$ 7,501
ASU 2014-09 | Balances Without Adoption
ASSETS
Trade receivables, net	126,063
Inventories	184,026
Deferred and non-current income taxes	17,235
Liabilities
Accrued liabilities	80,284
Income taxes payable	9,583
Deferred and non-current income taxes payable	29,508
ASU 2014-09 | Impact of Adoption
ASSETS
Trade receivables, net	43
Inventories	(486)
Deferred and non-current income taxes	165
Liabilities
Accrued liabilities	7
Income taxes payable	34
Deferred and non-current income taxes payable	$ 11

Revenue (Details 1)

Revenue (Details 1) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	$ 208,949	$ 190,693	$ 480,191	$ 418,739
Gross profit	113,364	104,070	258,722	219,333
Net income	26,922	$ 17,360	44,177	$ 18,683
ASU 2014-09 | Amounts Without Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	209,964		480,148
Gross profit	114,317		259,164
Net income	27,525		44,507
ASU 2014-09 | Impact of Adoption
New Accounting Pronouncements Or Change In Accounting Principle [Line Items]
Net sales	(1,015)		43
Gross profit	(953)		(443)
Net income	$ (603)		$ (330)

Revenue (Details 2)

Revenue (Details 2) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2018	Oct. 31, 2017	Oct. 31, 2018	Oct. 31, 2017
Disaggregation Of Revenue [Line Items]
Net sales	$ 208,949	$ 190,693	$ 480,191	$ 418,739
Wholesale
Disaggregation Of Revenue [Line Items]
Net sales	180,490		404,199
Direct to consumer
Disaggregation Of Revenue [Line Items]
Net sales	27,124		72,236
After-sales service
Disaggregation Of Revenue [Line Items]
Net sales	$ 1,335		$ 3,756