G-III Apparel (GIII) 10-K29 Mar 162016 FY Annual reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jan. 31, 2016	Mar. 29, 2016	Jul. 31, 2015
Document And Entity Information Abstract
Entity Registrant Name	G III APPAREL GROUP LTD /DE/
Entity Central Index Key	821,002
Trading Symbol	giii
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Current Fiscal Year End Date	--01-31
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Common Stock Shares Outstanding		45,544,967
Entity Public Float			$ 2,949,350,616
Document Type	10-K
Document Period End Date	Jan. 31, 2016
Amendment Flag	false
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
CURRENT ASSETS
Cash and cash equivalents	$ 132,587	$ 128,354
Accounts receivable, net of allowances for doubtful accounts and sales discounts of $74,261, and $53,441, respectively	221,500	195,678
Inventories	485,311	426,180
Prepaid income taxes	23,347	6,507
Deferred income taxes, net	17,564	16,072
Prepaid expenses and other current assets	22,131	23,118
Total current assets	902,440	795,909
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	25,662
PROPERTY AND EQUIPMENT, NET	103,579	81,671
OTHER ASSETS	24,886	27,721
OTHER INTANGIBLES, NET	10,799	13,075
TRADEMARKS, NET	67,267	73,255
GOODWILL	49,437	52,130
TOTAL ASSETS	1,184,070	1,043,761
CURRENT LIABILITIES
Accounts payable	173,586	174,541
Accrued expenses	71,218	63,665
Total current liabilities	244,804	238,206
DEFERRED INCOME TAXES, NET	23,840	20,471
CONTINGENT PURCHASE PRICE PAYABLE		973
OTHER NON-CURRENT LIABILITIES	27,299	22,853
TOTAL LIABILITIES	$ 295,943	$ 282,503
STOCKHOLDERS' EQUITY
Preferred stock; 1,000 shares authorized; No shares issued and outstanding
Common stock - $.01 par value; 120,000 shares authorized; 46,212, and 45,942 shares issued	$ 229	$ 230
Additional paid-in capital	353,739	328,874
Accumulated other comprehensive loss	(23,689)	(10,105)
Retained earnings	560,491	446,158
Common stock held in treasury, at cost - 667 and 984 shares respectively	(2,643)	(3,899)
TOTAL STOCKHOLDERS' EQUITY	888,127	761,258
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,184,070	$ 1,043,761

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) shares in Thousands, $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts and sales discounts on accounts receivable (in dollars)	$ 74,261	$ 53,441
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	120,000	120,000
Common stock, shares issued	46,212	45,492
Treasury stock, shares	667	984

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Income Statement [Abstract]
Net sales	$ 2,344,142	$ 2,116,855	$ 1,718,231
Cost of goods sold	1,505,504	1,359,596	1,133,222
Gross profit	838,638	757,259	585,009
Selling, general and administrative expenses	628,762	571,990	440,506
Depreciation and amortization	25,392	20,374	13,676
Operating profit	184,484	164,895	130,827
Other income	1,340	11,488
Interest and financing charges, net	(6,691)	(7,942)	(8,599)
Income before income taxes	179,133	168,441	122,228
Income tax expense	64,800	59,450	45,826
Net income	114,333	108,991	76,402
Add: Loss attributable to noncontrolling interest		1,370	958
Income attributable to G-III	$ 114,333	$ 110,361	$ 77,360
Basic:
Net income per common share (in dollars per share)	$ 2.52	$ 2.55	$ 1.90
Weighted average number of shares outstanding (in shares)	45,328	43,298	40,646
Diluted:
Net income per common share (in dollars per share)	$ 2.46	$ 2.48	$ 1.85
Weighted average number of shares outstanding (in shares)	46,512	44,424	41,728
Net income attributable to G-III (in dollars)	$ 114,333	$ 110,361	$ 77,360
Other comprehensive income (loss):
Foreign currency translation adjustments	(13,584)	(16,270)	2,642
Other comprehensive income (loss)	(13,584)	(16,270)	2,642
Comprehensive income	$ 100,749	$ 94,091	$ 80,002

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Common Stock Held in Treasury	Total
Balance at Jan. 31, 2013	$ 206	$ 171,132	$ 3,523	$ 258,437	$ (3,899)	$ 429,399
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity awards exercised/vested, net	3	1,903				1,906
Adjustments related to tax withholding for share-based compensation		(1,062)				(1,062)
Tax benefit from exercise/vesting of equity awards		2,915				2,915
Amortization of share-based compensation		9,953				9,953
Effect of exchange rate changes			2,642			2,642
Net income attributable to G-III				77,360		77,360
Balance at Jan. 31, 2014	209	184,841	6,165	335,797	(3,899)	523,113
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity awards exercised/vested, net	3	725				728
Adjustments related to tax withholding for share-based compensation		(4,316)				(4,316)
Tax benefit from exercise/vesting of equity awards		6,732				6,732
Amortization of share-based compensation		12,224				12,224
Shares issued in connection with public offering, net	18	128,668				128,686
Effect of exchange rate changes			(16,270)			(16,270)
Net income attributable to G-III				110,361		110,361
Balance at Jan. 31, 2015	230	328,874	(10,105)	446,158	(3,899)	761,258
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity awards exercised/vested, net	(1)	(838)			1,256	417
Tax benefit from exercise/vesting of equity awards		10,127				10,127
Amortization of share-based compensation		15,576				15,576
Effect of exchange rate changes			(13,584)			(13,584)
Net income attributable to G-III				114,333		114,333
Balance at Jan. 31, 2016	$ 229	$ 353,739	$ (23,689)	$ 560,491	$ (2,643)	$ 888,127

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Cash flows from operating activities
Net income	$ 114,333	$ 108,991	$ 76,402
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	25,392	20,374	13,676
Gain on repurchase of unsecured promissory notes		(1,893)
Change in contingent purchase price payable	(899)	(4,186)	(468)
Gain on the sale of joint venture interest		(1,908)
Equity based compensation	15,576	12,224	9,953
Tax benefit from exercise/vesting of equity awards	(10,127)	(7,039)	(2,915)
Deferred financing charges	845	895	751
Deferred income taxes	3,590	863	754
Other	353	275
Changes in operating assets and liabilities:
Accounts receivable, net	(23,616)	(37,568)	18,611
Inventories, net	(59,908)	(69,765)	(35,584)
Income taxes, net	(16,833)	289	(18,766)
Prepaid expenses and other current assets	725	(2,563)	(1,434)
Other assets, net	(97)	(1,494)	(14,972)
Accounts payable, accrued expenses and other liabilities	14,835	64,105	38,585
Net cash provided by operating activities	64,169	81,600	84,593
Cash flows from investing activities
Investment in unconsolidated affiliate	(25,490)
Acquisitions, net of cash acquired			(49,129)
Proceeds from sale of interest in joint venture, net		2,695
Proceeds from sale of a retail store		516
Capital expenditures	(42,172)	(42,566)	(29,283)
Net cash used in investing activities	(67,662)	(39,355)	(78,412)
Cash flows from financing activities
Proceeds from sale of common stock, net		128,686
Repayment of borrowings, net		(48,039)	(16,157)
Repurchase of unsecured promissory notes		(17,721)
Noncontrolling interest investment, net			2,399
Proceeds from exercise of equity awards	417	729	1,906
Taxes paid for net share settlement		(4,316)	(1,062)
Excess tax benefit from exercise/vesting of equity awards	10,127	7,039	2,915
Net cash provided by (used in) financing activities	10,544	66,378	(9,999)
Foreign currency translation adjustments	(2,818)	(2,360)	(1,451)
Net increase (decrease) in cash and cash equivalents	4,233	106,263	(5,269)
Cash and cash equivalents at beginning of year	128,354	22,091	27,360
Cash and cash equivalents at end of year	132,587	128,354	22,091
Cash paid during the year for:
Interest	5,544	7,048	8,500
Income taxes	$ 68,067	$ 51,630	$ 65,076

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES	Jan. 31, 2016
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE A — SIGNIFICANT ACCOUNTING POLICIES A summary of the significant accounting policies consistently applied in the preparation of the accompanying consolidated financial statements follows: 1. Business Activity and Principles of Consolidation As used in these financial statements, the term “Company” or “G-III” refers to G-III Apparel Group, Ltd. and its subsidiaries. The Company designs, manufactures and markets an extensive range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as footwear, luggage and women’s handbags, small leather goods, and cold weather accessories. The Company also operates retail stores. The Company consolidates the accounts of all its wholly-owned and majority-owned subsidiaries. All material intercompany balances and transactions have been eliminated. Vilebrequin International SA (“Vilebrequin”), a Swiss corporation, and Karl Lagerfeld North America BV (“KLNA”) report results on a calendar year basis rather than on the January 31 fiscal year basis used by the Company. Accordingly, the results of Vilebrequin and KLNA are, and will be, included in the financial statements for the year ended or ending closest to the Company’s fiscal year. For example, with respect to the Company’s results for the year ended January 31, 2016, the results of both Vilebrequin and KLNA are included for the year ended December 31, 2015. Certain reclassifications have been made to the Consolidated Balance Sheets and the Consolidated Statement of Cash Flows as a result of a reclassification of unapplied cash that the Company was recording in accounts payable instead of applying it against the credit balances in accounts receivable. The Company has evaluated this correction in accordance with ASC 250-10-S99, SEC Materials (formerly SEC Staff Accounting Bulletin 99, Materiality) and concluded that the correction was not material both quantitatively and qualitatively. 2. Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents. 3. Revenue Recognition Goods are shipped to retailers in accordance with specific customer orders. The Company recognizes wholesale sales when the risks and rewards of ownership have transferred to the customer, determined by the Company to be when title to the merchandise passes to the customer. In addition, the Company acts as an agent in brokering sales between customers and overseas factories. On these transactions, the Company also recognizes commission fee income on sales that are financed by and shipped directly to the customers. Title to goods shipped by overseas vendors transfers to customers when the goods have been delivered to the customer. The Company also recognizes commission income upon the completion of the delivery by its vendors to the customer. The Company recognizes retail sales upon customer receipt of the merchandise, generally at the point of sale. The Company’s sales are recorded net of applicable sales taxes. Both wholesale revenues and retail store revenues are shown net of returns, discounts and other allowances. 4. Returns and Allowances The Company reserves against known chargebacks, as well as for an estimate of potential future deductions and returns by customers. The Company establishes these reserves for returns and allowances based on current and historical information and trends. Allowances are established for trade discounts, markdowns, customer advertising agreements and operational chargebacks. Estimated costs associated with allowable deductions for customer advertising expenses are reflected as selling, general and administrative expenses. Estimated costs associated with trade discounts and markdowns, and reserves for returns are reflected as a reduction of net sales. All of these reserves are part of the allowances netted against accounts receivable. The Company estimates an allowance for doubtful accounts based on the creditworthiness of its customers as well as general economic conditions. The Company writes off uncollectible trade receivables once collection efforts have been exhausted. 5. Inventories Wholesale inventories are stated at the lower of cost (determined by the first-in, first-out method) or market which comprises a significant portion of the Company’s inventory. Retail inventories are valued at the lower of cost or market as determined by the retail inventory method. Vilebrequin inventories are stated at the lower of cost (determined by the weighted average method) or market. 6. Goodwill and Other Intangibles Goodwill represents the excess of purchase price over the fair value of net assets acquired in business combinations accounted for under the purchase method of accounting. Goodwill and certain intangible assets deemed to have indefinite lives are not amortized, but are subject to annual impairment tests using a test combining a discounted cash flow approach and a market approach. Other intangibles with determinable lives, including license agreements, trademarks and customer lists are amortized on a straight-line basis over the estimated useful lives of the assets (currently ranging from 3 to 15 years). Impairment losses, if any, on intangible assets with finite lives are recorded when indicators of impairment are present and the discounted cash flows estimated to be derived from those assets are less than the assets’ carrying amounts. 7. Depreciation and Amortization Property and equipment are recorded at cost. Depreciation and amortization are computed by the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the life of the lease or the useful life of the improvement, whichever is shorter. 8. Impairment of Long-Lived Assets In accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 360, Property, Plant and Equipment, the Company annually evaluates the carrying value of its long-lived assets to determine whether changes have occurred that would suggest that the carrying amount of such assets may not be recoverable based on the estimated future undiscounted cash flows of the businesses to which the assets relate. Any impairment loss would be equal to the amount by which the carrying value of the assets exceeded its fair value. 9. Income Taxes The Company accounts for income taxes and uncertain tax positions in accordance with ASC Topic 740 — Income Taxes. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a return, as well as guidance on de-recognition, classification, interest and penalties and financial statement reporting disclosures. Deferred income taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. 10. Net Income Per Common Share On April 1, 2015, the Board of Directors approved a two-for-one stock split of the Company’s outstanding shares of common stock, effected in the form of a stock dividend. The stock dividend was paid to stockholders of record as of the close of market on April 20, 2015 and was effected on May 1, 2015. All share and per share information has been retroactively adjusted to reflect this stock split. Basic net income per common share has been computed using the weighted average number of common shares outstanding during each period. Diluted net income per share is computed using the weighted average number of common shares and potential dilutive common shares, consisting of unvested restricted stock unit awards and stock options outstanding during the period. Approximately 165,000, 160,000 and 364,000 shares for the years ended January 31, 2016, 2015 and 2014, respectively, have been excluded from the diluted net income per share calculation as they relate to equity based awards that vest based on performance conditions and for which the vesting conditions have not been met at the end of the period. The Company issued 270,630, 620,036 and 639,296 shares of common stock in connection with the exercise or vesting of equity awards during the years ended January 31, 2016, 2015 and 2014, respectively. In addition, the Company re-issued 317,143 treasury shares in connection with the exercise or vesting of equity awards that occurred in October 2015. The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share, adjusted for the two-for-one split of the Company’s common stock effected on May 1, 2015: Year Ended January 31, 2016 2015 2014 (In thousands, except per share amounts) Net income attributable to G-III $114,333 $110,361 $ $77,360 Basic net income per share: Basic common shares 45,328 43,298 40,646 Basic net income per share $ 2.52 $ 2.55 $ 1.90 Diluted net income per share: Basic common shares 45,328 43,298 40,646 Stock options and restricted stock awards 1,184 1,126 1,082 Diluted common shares 46,512 44,424 41,728 Diluted net income per share $ 2.46 $ 2.48 $ 1.85 11. Equity Award Compensation ASC Topic 718, Compensation — Stock Compensation, requires all share-based payments to employees, including grants of restricted unit stock awards and employee stock options, to be recognized as compensation expense over the service period (generally the vesting period) based on their fair values. The impact of forfeitures that may occur prior to vesting is estimated and considered in the amount recognized. Restricted unit stock awards generally vest over a four or five year period and certain awards also include market price conditions that provide for the award to vest only after the average closing price of the Company’s stock trades above a predetermined market level. In addition, certain awards have performance conditions that require the satisfaction of an earnings after taxes or net income per diluted share performance target. All awards are expensed on a straight line basis other than awards with market and/or performance conditions, which are expensed under the requisite acceleration method. It is the Company’s policy to grant stock options at prices not less than the fair market value on the date of the grant. Option terms, vesting and exercise periods vary, except that the term of an option may not exceed ten years. 12. Cost of Goods Sold Cost of goods sold includes the expenses incurred to acquire, produce and prepare inventory for sale, including product costs, warehouse staff wages, freight in, import costs, packaging materials, the cost of operating the overseas offices and royalty expense. The gross margins may not be directly comparable to those of the Company’s competitors, as income statement classifications of certain expenses may vary by company. 13. Shipping and Handling Costs Shipping and handling costs for wholesale operations consist of warehouse facility costs, third party warehousing, freight out costs, and warehouse supervisory wages and are included in selling, general and administrative expense. Wholesale shipping and handling costs included in selling, general and administrative expenses were $73.1 million, $62.4 million and $54.8 million for the years ended January 31, 2016, 2015 and 2014, respectively. Shipping and handling costs for retail operations consist of warehouse facility costs, third party warehousing, and warehouse wages and are included in selling, general and administrative expenses. Retail shipping and handling costs included in selling, general and administrative expenses were $9.9 million, $8.4 million and $3.1 million for the years ended January 31, 2016, 2015 and 2014, respectively. 14. Advertising Costs The Company expenses advertising costs as incurred and includes these costs in selling, general and administrative expense. Advertising paid as a percentage of sales under license agreements are expensed in the period in which the sales occur or are accrued to meet guaranteed minimum requirements under license agreements. Advertising expense was $81.9 million, $71.5 million and $62.3 million for the years ended January 31, 2016, 2015 and 2014, respectively. Prepaid advertising, which represents advance payments to licensors for minimum guaranteed payments for advertising under the Company’s licensing agreements, was $7.2 million and $5.8 million at January 31, 2016 and 2015, respectively. 15. Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. 16. Fair Value of Financial Instruments The carrying amount of the Company’s variable rate debt approximates the fair value, as interest rates change with the market rates. Furthermore, the carrying value of all other financial instruments potentially subject to valuation risk (principally consisting of cash, accounts receivable and accounts payable) also approximates fair value due to the short-term nature of these accounts. The promissory notes issued in connection with the acquisition of Vilebrequin were valued using the current market interest rate at the time of acquisition. These notes were repurchased by the Company during the fiscal year ended January 31, 2015. In addition, the annual calculation of contingent consideration recorded in connection with the acquisition of Vilebrequin reflected current market conditions at such time. The fair values of both the promissory notes and the contingent consideration would be considered Level 3 valuations in the fair value hierarchy. See Note L — Other Income for more details on the adjustment of the contingent consideration during fiscal 2016 and 2015. 17. Foreign Currency Translation The Company’s international subsidiaries use different functional currencies, which are the local selling currency. In accordance with the authoritative guidance, assets and liabilities of the Company’s foreign operations are translated from foreign currency into U.S. dollars at period-end rates, while income and expenses are translated at the weighted-average exchange rates for the period. The related translation adjustments are reflected as a foreign currency translation adjustment in accumulated other comprehensive income (loss) within stockholders’ equity. 18. Effects of Recently Issued Accounting Pronouncements In February 2016, the FASB issued Accounting Standard Update (“ASU”) 2016-02, Leases (Topic 842). The main difference between the current requirement under GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases. ASU 2016-02 requires that a lessee recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded expense pattern (similar to current capital leases). Classification will be based on criteria that are for the most part similar to those applied in current lease accounting. ASU 2016-02 must be adopted using a modified retrospective transition, and provides for certain practical expedients. Transactions will require application of the new guidance at the beginning of the earliest comparative period presented. The Company is currently assessing the potential impact of ASU 2016-02 on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments — Overall (Subtopic 825-10) — Recognition and Measurement of Financial Assets and Financial Liabilities,” which modifies how entities measure equity investments and present changes in the fair value of financial liabilities; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; changes presentation and disclosure requirements; and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Company is evaluating the impact that this new guidance will have on the Company’s financial position, results of operations, cash flows and related disclosures. In November 2015, the FASB issued ASU 2015-17: Income Taxes (Topic 740) - Balance Sheet Classification of Deferred Taxes. Prior to ASU 2015-17, GAAP required an entity to separate deferred income tax asset and liabilities into current and noncurrent amounts on the balance sheet. ASU 2015-17 requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. ASU 2015-17 is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. ASU 2015-17 may be applied either prospectively to all deferred tax assets and liabilities or retrospectively to all periods presented. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments”. The amendments eliminate the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The ASU is effective for annual reporting periods beginning after December 15, 2016 and interim periods within annual reporting periods beginning after December 15, 2017, and should be applied prospectively. Early adoption is permitted for financial statements that have not been previously issued. The Company does not expect that the adoption of this ASU will have a material impact on its consolidated financial statements. In August 2015, the FASB issued ASU 2015-14 “Revenues from Contracts with Customers (Topic 606): Deferral of the Effective Date”, to defer the effective date of ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” by one year to annual and interim periods beginning after December 15, 2017. ASU 2014-09 provides for significant revisions to the recognition of revenue from contracts with customers across various industries. Under the new guidance, entities are required to apply a prescribed 5-step process to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Early adoption will be allowed, but not before the original effective date. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory”. Under this standard, inventory will be measured at the “lower of cost and net realizable value” and options that currently exist for “market value” will be eliminated. The standard defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” No other changes were made to the current guidance on inventory measurement. This guidance is effective for interim and annual periods beginning after December 15, 2016. Early adoption is permitted and should be applied prospectively. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles — Goodwill and Other — Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement”. The update includes explicit guidance about a customer’s accounting for fees paid in a cloud computing arrangement such as software as a service, platform as a service, infrastructure as a service, and other similar hosting arrangements. The update is effective for interim and annual periods beginning after December 15, 2016 with early adoption permitted, including in the interim periods. The Company is currently evaluating the impact of this update on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance” which changes the presentation of debt issuance costs in financial statements. Under ASU 2015-03, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. ASU 2015-03 is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2015. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

INVENTORIES

INVENTORIES	12 Months Ended
INVENTORIES	Jan. 31, 2016
Inventory Disclosure [Abstract]
INVENTORIES	NOTE B — INVENTORIES Inventories consist of: January 31, 2016 2015 (In thousands) Finished goods $ 484,805 $ 417,332 Raw materials and work-in-process 506 8,848 $ 485,311 $ 426,180 Raw materials of $7.7 million, net of allowances, were maintained in China at January 31, 2015. Raw material inventory primarily consisted of leather skins. The Company no longer carries this type of raw material inventory and during the year ended January 31, 2016 all the leather inventory was converted to finished products.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
PROPERTY AND EQUIPMENT	Jan. 31, 2016
Property Plant And Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE C — PROPERTY AND EQUIPMENT Property and equipment consist of: January 31, 2016 2015 (In thousands) Machinery and equipment 5 years $ 1,820 $ 1,195 Leasehold improvements 3 – 13 years 78,082 67,066 Furniture and fixtures 3 – 5 years 70,899 43,440 Computer equipment and software 2 – 3 years 12,909 8,439 163,710 120,140 Less: accumulated depreciation 60,131 38,469 $ 103,579 $ 81,671 The Company had fixed asset write offs of approximately $618,000 and $1.1 million, net of accumulated depreciation for the years ended January 31, 2016 and 2015. Depreciation expense was $23.0 million, $17.9 million and $11.4 million for the years ended January 31, 2016, 2015 and 2014, respectively.

ACQUISITIONS AND INTANGIBLES

ACQUISITIONS AND INTANGIBLES	12 Months Ended
ACQUISITIONS AND INTANGIBLES	Jan. 31, 2016
Business Combinations [Abstract]
ACQUISITIONS AND INTANGIBLES	NOTE D — ACQUISITIONS AND INTANGIBLES Acquisition of G.H. Bass In November, 2013, the Company acquired from PVH Retail Stores LLC and its affiliates substantially all of the assets of the G.H. Bass & Co. (“G.H. Bass”) business that included approximately 160 G.H. Bass & Co. outlet stores. The purchase price was $49.2 million in cash. G.H. Bass is a well-known heritage brand that embodies classic American style. The Company sells G.H. Bass & Co. footwear, apparel and accessories primarily through approximately 160 outlet stores located in the United States. The Company also licenses the brand for the wholesale distribution of men’s and women’s footwear, men’s sportswear and men’s and boy’s tailored clothing. The following table (in thousands) summarizes the components of the purchase price allocation for the acquisition of G.H. Bass: Purchase price: Cash paid $ 49,236 $ 49,236 Allocation: Current assets $ 42,967 Property, plant and equipment 2,788 Identifiable intangible assets — Trademarks 2,490 Other non-current assets, net 975 Assumed liabilities (700 ) Goodwill 716 $ 49,236 The trademarks were assigned an indefinite useful life. Goodwill represents the future economic benefits arising from net assets acquired that are not individually identified and separately recognized and is attributable to synergies expected to be derived from the combination of G.H. Bass with the other businesses of the retail operations segment. Intangible assets balances Intangible assets consist of: January 31, Estimated Life 2016 2015 (In thousands) Gross carrying amounts Licenses 14 years $ 19,074 $ 19,819 Trademarks 8 – 12 years 2,194 2,194 Customer relationships 8 – 15 years 8,163 8,408 Other 3 – 10 years 4,975 4,844 Subtotal 34,406 35,265 Accumulated amortization Licenses 14,152 13,815 Trademarks 2,127 2,036 Customer relationships 4,835 4,291 Other 2,426 1,890 Subtotal 23,540 22,032 Net Licenses 4,922 6,004 Trademarks 67 158 Customer relationships 3,328 4,117 Other 2,549 2,954 Subtotal 10,866 13,233 Unamortized intangible assets Goodwill 49,437 52,130 Trademarks 67,200 73,097 Subtotal 116,637 125,227 Total intangible assets, net $ 127,503 $ 138,460 Intangible amortization expense amounted to approximately $1.9 million, $2.0 million and $1.6 million for the years ended January 31, 2016, 2015 and 2014, respectively. The estimated intangible amortization expense for the next five years is as follows: Year Ending January 31, Amortization Expense (In thousands) 2017 $ 1,874 2018 1,825 2019 1,804 2020 1,459 2021 929 Goodwill represents the excess of the purchase price and related costs over the value assigned to net tangible and identifiable intangible assets of businesses acquired and accounted for under the purchase method. The Company reviews and tests its goodwill and intangible assets with indefinite lives for impairment at least annually, or more frequently if events or changes in circumstances indicate that the carrying amount of such assets may be impaired. The Company performs the test in the fourth fiscal quarter of each year using a combination of a discounted cash flow analysis and a market approach. The discounted cash flow approach requires that certain assumptions and estimates be made regarding industry economic factors and future profitability. The market approach estimates the fair value based on comparisons with the market values and market multiples of earnings and revenues of similar public companies. Trademarks and customer relationships having finite lives are amortized over their estimated useful lives and measured for impairment when events or circumstances indicate that the carrying value may be impaired. Goodwill has been allocated to the reporting segments based upon the relative fair values of the licenses (wholesale operations segment) and trademarks acquired. At January 31, 2016, the carrying amount of goodwill was $48.7 million and $716,000 in the wholesale operations and retail operations segments, respectively, including $2.7 million in exchange differences arising during the year ended January 31, 2016. At January 31, 2015, the carrying amount of goodwill was $51.4 million and $716,000 in the wholesale operations and retail operations segments, respectively, including $3.5 million in exchange differences arising during the year ended January 31, 2015.

NOTES PAYABLE AND OTHER LIABILI

NOTES PAYABLE AND OTHER LIABILITIES	12 Months Ended
NOTES PAYABLE AND OTHER LIABILITIES	Jan. 31, 2016
Debt Disclosure [Abstract]
NOTES PAYABLE AND OTHER LIABILITIES	NOTE E — NOTES PAYABLE AND OTHER LIABILITIES The credit agreement with JPMorgan Chase Bank, N.A., as Administrative Agent for a group of lenders, is a five-year senior secured credit facility through August 2017 providing for borrowings in the aggregate principal amount of up to $450 million. Amounts available under the credit agreement are subject to borrowing base formulas and other advances as specified in the credit agreement. As of January 31, 2016, there was $444.5 million available under the credit agreement. Borrowings bear interest, at the Company’s option, at LIBOR plus a margin of 1.5% to 2.0% or prime plus a margin of 0.5% to 1.0%, with the applicable margin determined based on availability under the credit agreement. The credit agreement requires G-III to maintain a minimum fixed charge coverage ratio, as defined, and under certain circumstances permits the Company to make payments for cash dividends, stock redemptions and share repurchases subject to compliance with certain covenants. As of January 31, 2016, the Company was in compliance with these covenants. The credit agreement is secured by all of the assets of G-III Apparel Group, Ltd. and its subsidiaries, G-III Leather Fashions, Inc., Riviera Sun, Inc., CK Outerwear, LLC, Andrew & Suzanne Company Inc., AM Retail Group, Inc., G-III Apparel Canada ULC, G-III License Company, LLC and AM Apparel Holdings, Inc. The weighted average interest rate for amounts borrowed under the credit facility was 2.1% and 2.2% for the years ended January 31, 2016 and 2015, respectively. The Company was contingently liable under letters of credit in the amount of approximately $5.5 million and $8.0 million at January 31, 2016 and 2015, respectively. In October 2014, the Company repurchased the unsecured promissory notes issued in August 2012 in connection with the acquisition of Vilebrequin. The notes were repurchased at a discount from the original principal amount of €15.0 million (See Note L — Other Income).

INCOME TAXES

INCOME TAXES	12 Months Ended
INCOME TAXES	Jan. 31, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE F — INCOME TAXES The income tax provision is comprised of the following: Year Ended January 31, 2016 2015 2014 (In thousands) Current Federal $ 47,585 $ 46,989 $ 36,828 State and city 5,910 5,978 5,396 Foreign 7,768 5,688 7,040 61,263 58,655 49,264 Deferred Federal 3,458 1,422 (3,328 ) State and city 535 (67 ) 189 Foreign (456 ) (560 ) (299 ) 3,537 795 (3,438 ) Income tax expense $ 64,800 $ 59,450 $ 45,826 Income before income taxes United States $ 149,578 $ 133,709 $ 104,435 Non-United States 29,555 34,732 17,793 $ 179,133 $ 168,441 $ 122,228 The significant components of the Company’s net deferred tax asset at January 31, 2016 and 2015 are summarized as follows: 2016 2015 (In thousands) Deferred tax assets Compensation $ 4,448 $ 3,964 Provision for bad debts and sales allowances 11,180 10,254 Inventory write-downs 3,581 3,059 Other 1,717 1,671 Deferred tax assets, current 20,926 18,948 Compensation 8,597 6,855 Straight-line lease 3,713 5,128 Supplemental employee retirement plan 378 420 Net operating loss 1,637 1,613 Other 95 71 Deferred tax assets, non-current 14,420 14,087 Total deferred tax assets 35,346 33,035 Deferred tax liabilities Prepaid expenses and other, current (3,362 ) (2,876 ) Depreciation and amortization, non-current (15,981 ) (10,563 ) Intangibles, non-current (21,772 ) (23,631 ) Other (507 ) (364 ) Total deferred tax liabilities (41,622 ) (37,434 ) Net deferred tax liabilities $ (6,276 ) $ (4,399 ) As of January 31, 2016 and 2015, intangible deferred tax liabilities of $14.3 million and $15.9 million, respectively, relate to intangible assets in Switzerland. The remaining intangible assets relate primarily to the U.S. The following is a reconciliation of the statutory federal income tax rate to the effective rate reported in the financial statements for the years ended January 31: 2016 2015 2014 Provision for Federal income taxes at the statutory rate 35.0 % 35.0 % 35.0 % State and local income taxes, net of Federal tax benefit 2.4 2.3 3.0 Permanent differences resulting in Federal taxable income 3.6 2.9 4.5 Foreign tax rate differential (1.4 ) 0.1 (0.1 ) Foreign tax credit (3.1 ) (6.5 ) (5.4 ) Other, net (0.3) 1.5 0.5 Actual provision for income taxes 36.2 % 35.3 % 37.5 % The Company accounts for uncertain income tax positions in accordance with ASC Topic 740 Income Taxes. The Company files income tax returns in the U.S. federal jurisdiction and various state and foreign jurisdictions. As of January 31, 2016, there was an increase in the unrecognized tax position reserve of approximately $66,000, net of federal tax benefit, for the current year accrual of interest and penalties on existing uncertain income tax positions reserves. The Company currently has tax years open from the years ended January 31, 2012 through January 31, 2015, with the exception of certain state tax jurisdictions. The Company’s policy on classification is to include interest in “interest and financing charges” and penalties in “selling, general and administrative expenses” in the accompanying Consolidated Statements of Income and Comprehensive Income. The Company and certain of its subsidiaries are subject to U.S. Federal income tax as well as income tax of multiple state, local, and foreign jurisdictions. The Company is currently under U.S. Federal income tax examination for the year ended January 31, 2012. One of its foreign subsidiaries, T.R.B. International S.A., has a ruling with the Swiss government that taxes commercial foreign sourced income at an 11.6% rate. The ruling was extended to the year ending January 31, 2018. Undistributed earnings of the Company’s foreign subsidiaries amounted to approximately $18.3 million at January 31, 2016. Those earnings are considered indefinitely reinvested and, accordingly, no provision for U.S. income taxes has been provided thereon. Upon distribution of those earnings in the form of dividends or otherwise, the Company would be subject to both U.S. income taxes (subject to an adjustment for foreign tax credits) and withholding taxes payable to the various foreign countries, as applicable. At this point in time it is not practical to estimate the amount of taxes payable if the earnings were remitted.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
COMMITMENTS AND CONTINGENCIES	Jan. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE G — COMMITMENTS AND CONTINGENCIES Lease Agreements The Company leases warehousing, executive and sales facilities, retail stores, equipment and vehicles under operating leases with options to renew at varying terms. Leases with provisions for increasing rents have been accounted for on a straight-line basis over the life of the lease. Certain leases provide for contingent rents, which are determined as a percentage of gross sales. The Company records a contingent rent liability in accrued expenses on the Consolidated Balance Sheets and the corresponding rent expense on the Consolidated Statements of Income and Comprehensive Income when management determines that achieving the specified levels during the fiscal year is probable. The following schedule sets forth the future minimum rental payments for operating leases having non-cancelable lease periods in excess of one year at January 31, 2016: Year Ending January 31, Amount (In thousands) 2017 $ 70,004 2018 63,821 2019 57,467 2020 53,051 2021 51,657 Thereafter 152,172 $ 448,172 Rent expense on the above operating leases for the years ended January 31, 2016, 2015 and 2014 was approximately $75.6 million, $72.6 million and $48.3 million, respectively. License Agreements The Company has entered into license agreements that provide for royalty payments ranging from 4% to 19% of net sales of licensed products. The Company incurred royalty expense (included in cost of goods sold) of approximately $123.7 million, $109.6 million and $101.5 million for the years ended January 31, 2016, 2015 and 2014, respectively. Contractual advertising expense, which is normally based on a percentage of net sales associated with certain license agreements (included in selling, general and administrative expense), was $36.1 million, $32.1 million and $30.0 million for the years ended January 31, 2016, 2015 and 2014, respectively. Based on minimum net sales requirements, future minimum royalty and advertising payments required under these agreements are: Year Ending January 31, Amount (In thousands) 2017 $ 115,519 2018 94,652 2019 86,748 2020 79,926 2021 75,825 Thereafter 190,082 $ 642,752 Legal Proceedings In the ordinary course of business, the Company is subject to periodic claims, investigations and lawsuits. Although the Company cannot predict with certainty the ultimate resolution of claims, investigations and lawsuits, asserted against G-III, the Company does not believe that any currently pending legal proceeding or proceedings to which we are a party will have a material adverse effect on its business, financial condition or results of operations.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
STOCKHOLDERS' EQUITY	Jan. 31, 2016
Equity [Abstract]
STOCKHOLDERS' EQUITY	NOTE H — STOCKHOLDERS’ EQUITY Stock Split On April 1, 2015, the Board of Directors approved a two-for-one stock split of the Company’s outstanding shares of common stock, effected in the form of a stock dividend. The stock dividend was paid to stockholders of record as of the close of market on April 20, 2015 and was effected on May 1, 2015. All share and per share information has been retroactively adjusted to reflect this stock split. Public Offering In June 2014, the Company sold 3,450,000 shares of its common stock, including 450,000 shares sold pursuant to the exercise in full of the underwriters’ option to purchase additional shares, at a public offering price of $38.82 per share. The Company received net proceeds of $128.7 million from the offering after payment of underwriting discounts and expenses of the offering. The net proceeds are being used for general corporate purposes. Share Repurchase Program In December 2015, the Company’s Board of Directors reapproved and increased the previously authorized share repurchase program. There were 3,750,000 remaining shares authorized for repurchase under the prior program which the Board increased to 5,000,000 shares. The timing and actual number of shares repurchased, if any, will depend on a number of factors, including market conditions and prevailing stock prices, and are subject to compliance with certain covenants contained in the loan agreement. Share repurchases may take place on the open market, in privately negotiated transactions or by other means, and would be made in accordance with applicable securities laws. The Company did not repurchase any shares during fiscal 2016. The Company’s credit agreement permits the Company to make payments for cash dividends, stock redemptions and share repurchases subject to compliance with certain covenants. Long-Term Incentive Stock Plan As of January 31, 2016, the Company had 2,135,449 shares available for grant under its long-term incentive plan. The plan provides for the grant of equity and cash awards, including restricted stock awards, stock options and other stock unit awards to directors, officers and employees. Restricted stock unit awards vest over a three to five year period. In addition to the time vesting condition, these awards may include market and performance conditions, including a price vesting performance condition and, in certain cases, an earnings after taxes or net income per diluted share performance target. It is the Company’s policy to grant stock options at prices not less than the fair market value on the date of the grant. Option terms, vesting and exercise periods vary, except that the term of an option may not exceed ten years. Restricted Stock Units Awards Weighted Average Unvested as of January 31, 2014 2,240,354 $ 18.48 Granted 522,170 $ 34.26 Vested (667,062 ) $ 14.08 Canceled (4,050 ) $ 27.44 Unvested as of January 31, 2015 2,091,412 $ 23.80 Granted 507,319 $ 47.36 Vested (549,848 ) $ 19.40 Canceled — $ — Unvested as of January 31, 2016 2,048,883 $ 30.79 For restricted stock units with market price conditions, the Company estimates the grant date fair value using a lattice model. For restricted stock units with market price conditions, the Company estimates the grant date fair value using a Monte Carlo simulation model. This valuation methodology utilizes the closing price of the Company’s common stock on grant date and several key assumptions, including expected volatility of the Company’s stock price, and risk-free rates of return. This valuation is performed with the assistance of a third party valuation specialist. For restricted stock units with no market price conditions, grant date fair value is based on the market price on the date of grant. The Company recognized $15.6 million, $11.6 million and $9.2 million in compensation expense for the years ended January 31, 2016, 2015 and 2014, respectively, related to restricted stock unit grants. At January 31, 2016, 2015 and 2014, unrecognized costs related to the restricted stock units totaled approximately $42.0 million, $32.2 million and $26.1 million, respectively. Stock Options Information regarding all stock options for fiscal 2016, 2015 and 2014 is as follows: 2016 2015 2014 Shares Weighted Shares Weighted Shares Weighted Stock options outstanding at beginning of year 469,176 $ 11.16 536,976 $ 11.11 764,108 $ 10.40 Exercised (37,525 ) $ 11.11 (67,800 ) $ 10.76 (219,532 ) $ 8.68 Granted — $ — — $ — — $ — Cancelled or forfeited (100,000 ) $ 13.08 — $ — (7,600 ) $ 9.70 Stock options outstanding at end of year 331,651 $ 10.59 469,176 $ 11.16 536,976 $ 11.11 Exercisable 253,151 $ 9.07 250,176 $ 8.63 318,476 $ 9.33 The following table summarizes information about stock options outstanding: Range of Exercise Prices Number Weighted Weighted Number Weighted $0.00 – $8.00 115,000 2.22 $ 6.59 115,000 $ 6.59 $8.01 – $12.00 86,585 1.56 $ 9.23 86,585 $ 9.23 $12.01 – $16.00 112,400 6.02 $ 14.61 36,400 $ 12.98 $16.01 – $40.00 17,666 6.12 $ 17.76 15,166 $ 17.70 331,651 253,151 The fair value of stock options was estimated using the Black-Scholes option-pricing model. This model requires the input of subjective assumptions that will usually have a significant impact on the fair value estimate. No stock options were granted during the years ended January 31, 2016, January 31, 2015 and January 31, 2014. The Company is required to recognize stock-based compensation based on the number of awards that are ultimately expected to vest. As a result, for most awards, recognized stock compensation was reduced for estimated forfeitures prior to vesting primarily based on an historical annual forfeiture rate. Estimated forfeitures will be reassessed in subsequent periods and may change based on new facts and circumstances. The weighted average remaining term for stock options outstanding was 3.54 years at January 31, 2016. The aggregate intrinsic value at January 31, 2016 was $12.9 million for stock options outstanding and $10.2 million for stock options exercisable. The intrinsic value for stock options is calculated based on the exercise price of the underlying awards and the market price of the Company’s common stock as of January 31, 2016, the reporting date. Proceeds received from the exercise of stock options were approximately $417,000 and $729,000 during the years ended January 31, 2016 and 2015, respectively. The intrinsic value of stock options exercised was $1.7 million and $2.0 million for the years ended January 31, 2016 and 2015, respectively. A portion of this amount is currently deductible for tax purposes. The Company recognized approximately $153,000 in compensation expense for the year ended January 31, 2016, $541,000 for the year ended January 31, 2015 and $680,000 for the year ended January 31, 2014, related to equity option award grants. As of January 31, 2016, approximately $126,000 to unrecognized stock compensation related to unvested option awards (net of estimated forfeitures) is expected to be recognized through the year ending January 31, 2017. No options were granted during the fiscal years ended January 31, 2014, 2015 and 2016.

MAJOR CUSTOMERS

MAJOR CUSTOMERS	12 Months Ended
MAJOR CUSTOMERS	Jan. 31, 2016
Risks and Uncertainties [Abstract]
MAJOR CUSTOMERS	NOTE I — MAJOR CUSTOMERS One customer in the wholesale operations segment accounted for approximately 20.8%, 18.7% and 21.0% of the Company’s net sales for the years ended January 31, 2016, 2015 and 2014, respectively.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
EMPLOYEE BENEFIT PLANS	Jan. 31, 2016
Compensation And Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE J — EMPLOYEE BENEFIT PLANS The Company maintains a 401(k) plan (the “Plan”) and trust for nonunion employees. In December 2013, the Company amended the plan to a Safe Harbor (non-discretionary) matching contribution for 2014 of 100% of the first 3% of the participant’s contributed pay plus 50% of the next 2% of the participant’s contributed pay. Prior to 2014, at the discretion of the Company, the Company may have elected to match 50% of employee contributions up to 6% of the participant’s compensation. The Company made matching contributions of approximately $2.3 million, $2.0 million and $1.3 million for the years ended January 31, 2016, 2015 and 2014, respectively.

SEGMENTS

SEGMENTS	12 Months Ended
SEGMENTS	Jan. 31, 2016
Segment Reporting [Abstract]
SEGMENTS	NOTE K — SEGMENTS The Company’s reportable segments are business units that offer products through different channels of distribution. Commencing with the first quarter of fiscal 2016, the Company changed its segment reporting to two reportable segments: wholesale operations and retail operations. This change in the Company’s reportable segments is intended to better represent how the Company’s resources are allocated and its performance is assessed by its Chief Operating Decision Maker. The wholesale operations segment mainly consists of the Company’s former licensed products and non-licensed products segments and includes sales of products under brands licensed by the Company from third parties, as well as sales of products under the Company’s own brands and private label brands. The retail operations segment consists primarily of the Wilsons Leather and G.H. Bass stores, as well as a limited number of Calvin Klein Performance stores. The following information, in thousands, is presented for the fiscal years ended: January 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 1,949,646 $ 514,027 $ (119,531 ) $ 2,344,142 Cost of goods sold 1,348,109 276,926 (119,531 ) 1,505,504 Gross profit 601,537 237,101 — 838,638 Selling, general and administrative 398,476 230,286 — 628,762 Depreciation and amortization 17,413 7,979 — 25,392 Operating profit (loss) $ 185,648 $ (1,164 ) $ — $ 184,484 January 31, 2015 Wholesale Retail Elimination (1) Total Net sales $ 1,745,894 $ 499,284 $ (128,323 ) $ 2,116,855 Cost of goods sold 1,220,489 267,430 (128,323 ) 1,359,596 Gross profit 525,405 231,854 — 757,259 Selling, general and administrative 349,535 222,455 — 571,990 Depreciation and amortization 13,454 6,920 20,374 Operating profit $ 162,416 $ 2,479 $ — $ 164,895 January 31, 2014 Wholesale Retail Elimination (1) Total Net sales $ 1,487,854 $ 298,008 $ (67,631 ) $ 1,718,231 Cost of goods sold 1,050,348 150,505 (67,631 ) 1,133,222 Gross profit 437,506 147,503 — 585,009 Selling, general and administrative 313,191 127,315 — 440,506 Depreciation and amortization 10,014 3,662 13,676 Operating profit $ 114,301 $ 16,526 $ — $ 130,827 (1) Represents intersegment sales to the Company’s retail operations. The Company allocates overhead to its business segments on various bases, which include units shipped, space utilization, inventory levels, and relative sales levels, among other factors. The method of allocation has been applied consistently on a year-to-year basis. The total assets for each of the Company’s reportable segments, as well as assets not allocated to a segment, are as follows: January 31, 2016 2015 (In thousands) Wholesale $ 763,353 $ 684,479 Retail 210,118 182,363 Corporate 210,599 176,919 Total Assets $ 1,184,070 $ 1,043,761 The total revenues and long lived assets by geographic region are as follows: 2016 2015 2014 Geographic Region Revenues Long-Lived Revenues Long-Lived Revenues Long-Lived (In thousands) United States $ 2,157,889 $ 150,949 $ 1,956,589 $ 132,822 $ 1,528,473 $ 106,638 Non-United States 186,253 130,681 160,266 115,030 189,758 138,069 $ 2,344,142 $ 281,630 $ 2,116,855 $ 247,852 $ 1,718,231 $ 244,707 Capital expenditures for locations outside of the United States totaled $4.5 million in the fiscal year ended January 31, 2016 and $6.4 million in the fiscal year ended January 31, 2015. Capital expenditures for locations outside of the United States were not significant for the fiscal year ended January 31, 2014.

OTHER INCOME

OTHER INCOME	12 Months Ended
OTHER INCOME	Jan. 31, 2016
Other Income and Expenses [Abstract]
OTHER INCOME	NOTE L — OTHER INCOME Other income recognized for the year ended January 31, 2016 includes an $899,000 gain with respect to the revised estimated contingent consideration payable in connection with the acquisition of Vilebrequin and also includes $272,000 of income from the minority interest share in the Karl Lagerfeld North America joint venture. Other income recognized for the year ended January 31, 2015 includes a $4.2 million gain with respect to the revised estimated contingent consideration payable in connection with the acquisition of Vilebrequin, $3.5 million received as compensation for the early termination of the right to operate Calvin Klein Performance stores in Japan, Taiwan and Singapore, a $1.9 million gain from the sale of the interest in a joint venture that operated Calvin Klein Performance stores in China and a $1.9 million gain related to the repurchase, at a discount, of the unsecured promissory notes issued as part of the consideration for the acquisition of Vilebrequin.

EQUITY INVESTMENT

EQUITY INVESTMENT	12 Months Ended
EQUITY INVESTMENT	Jan. 31, 2015
Equity Method Investments and Joint Ventures [Abstract]
EQUITY INVESTMENT	NOTE M — EQUITY INVESTMENT In June 2016, the Company entered into a joint venture agreement with Karl Lagerfeld Group BV (“KLBV”). The Company paid to KLBV $25.0 million for a 49% ownership interest in KLNA. KLNA holds brand rights to all Karl Lagerfeld trademarks for all consumer products (except eyewear, fragrance, cosmetics, watches, jewelry, and hospitality services) and apparel in the United States and Canada, as well as, an exclusive, irrevocable, royalty-free license to use the trademarks in Mexico with respect to the same products. The Company accounts for its investment in KLNA using the equity method of accounting.

QUARTERLY FINANCIAL DATA (UNAUD

QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
QUARTERLY FINANCIAL DATA (UNAUDITED)	Jan. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL DATA (UNAUDITED)	NOTE N — QUARTERLY FINANCIAL DATA (UNAUDITED) Summarized quarterly financial data, in thousands, except per share amounts, for the fiscal years ended January 31, 2016 and 2015 are as follows: Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 432,965 $ 473,884 $ 909,865 $ 527,428 Gross profit 154,427 168,340 337,057 178,814 Net income attributable to G-III 6,760 12,453 87,156 7,964 Net income per common share Basic $ 0.15 $ 0.28 $ 1.92 $ 0.17 Diluted $ 0.15 $ 0.27 $ 1.87 $ 0.17 Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 366,192 $ 424,010 $ 812,330 $ 514,323 Gross profit 130,133 148,384 295,252 183,490 Net income attributable to G-III 1,290 6,236 80,615 22,220 Net income per common share Basic $ 0.03 $ 0.15 $ 1.80 $ 0.49 Diluted $ 0.03 $ 0.14 $ 1.76 $ 0.48

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
SUBSEQUENT EVENTS	Jan. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE O — SUBSEQUENT EVENTS In February 2016, the Company acquired a 19% minority interest in the parent company of the group that holds the worldwide rights to the Karl Lagerfeld brand. This investment is intended to expand the partnership between G-III and the Karl Lagerfeld brand and extend their business development opportunities on a global scale.

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	Jan. 31, 2016
Valuation And Qualifying Accounts [Abstract]
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNT Description Balance at of Period Charged to Expenses Deductions (a) Balance at Period (In thousands) Year ended January 31, 2016 Deducted from asset accounts Allowance for doubtful accounts $ 1,074 $ 515 $ 243 $ 1,346 Reserve for sales allowances (b) 52,367 212,145 191,597 72,915 $ 53,441 $ 212,660 $ 191,840 $ 74,261 Year ended January 31, 2015 Deducted from asset accounts Allowance for doubtful accounts $ 642 $ 584 $ 152 $ 1,074 Reserve for sales allowances (b) 54,345 162,233 164,211 52,367 $ 54,987 $ 162,817 $ 164,363 $ 53,441 Year ended January 31, 2014 Deducted from asset accounts Allowance for doubtful accounts $ 1,189 $ 355 $ 902 $ 642 Reserve for sales allowances (b) 44,758 141,595 132,008 54,345 $ 45,947 $ 141,950 $ 132,910 $ 54,987 (a) Accounts written off as uncollectible, net of recoveries. (b) See Note A in the accompanying Notes to Consolidated Financial Statements for a description of sales allowances.

SIGNIFICANT ACCOUNTING POLICI23

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Policies)	Jan. 31, 2016
Accounting Policies [Abstract]
Business Activity and Principles of Consolidation	1. Business Activity and Principles of Consolidation As used in these financial statements, the term “Company” or “G-III” refers to G-III Apparel Group, Ltd. and its subsidiaries. The Company designs, manufactures and markets an extensive range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as footwear, luggage and women’s handbags, small leather goods, and cold weather accessories. The Company also operates retail stores. The Company consolidates the accounts of all its wholly-owned and majority-owned subsidiaries. All material intercompany balances and transactions have been eliminated. Vilebrequin International SA (“Vilebrequin”), a Swiss corporation, and Karl Lagerfeld North America BV (“KLNA”) report results on a calendar year basis rather than on the January 31 fiscal year basis used by the Company. Accordingly, the results of Vilebrequin and KLNA are, and will be, included in the financial statements for the year ended or ending closest to the Company’s fiscal year. For example, with respect to the Company’s results for the year ended January 31, 2016, the results of both Vilebrequin and KLNA are included for the year ended December 31, 2015. Certain Certain reclassifications have been made to the Consolidated Balance Sheets and the Consolidated Statement of Cash Flows as a result of a reclassification of unapplied cash that the Company was recording in accounts payable instead of applying it against the credit balances in accounts receivable. The Company has evaluated this correction in accordance with ASC 250-10-S99, SEC Materials (formerly SEC Staff Accounting Bulletin 99, Materiality) and concluded that the correction was not material both quantitatively and qualitatively.
Cash Equivalents	2. Cash Equivalents The Company considers all highly liquid investments purchased with a maturity of three months or less to be cash equivalents.
Revenue Recognition	3. Revenue Recognition Goods are shipped to retailers in accordance with specific customer orders. The Company recognizes wholesale sales when the risks and rewards of ownership have transferred to the customer, determined by the Company to be when title to the merchandise passes to the customer. In addition, the Company acts as an agent in brokering sales between customers and overseas factories. On these transactions, the Company also recognizes commission fee income on sales that are financed by and shipped directly to the customers. Title to goods shipped by overseas vendors transfers to customers when the goods have been delivered to the customer. The Company also recognizes commission income upon the completion of the delivery by its vendors to the customer. The Company recognizes retail sales upon customer receipt of the merchandise, generally at the point of sale. The Company’s sales are recorded net of applicable sales taxes. Both wholesale revenues and retail store revenues are shown net of returns, discounts and other allowances.
Returns and Allowances	4. Returns and Allowances The Company reserves against known chargebacks, as well as for an estimate of potential future deductions and returns by customers. The Company establishes these reserves for returns and allowances based on current and historical information and trends. Allowances are established for trade discounts, markdowns, customer advertising agreements and operational chargebacks. Estimated costs associated with allowable deductions for customer advertising expenses are reflected as selling, general and administrative expenses. Estimated costs associated with trade discounts and markdowns, and reserves for returns are reflected as a reduction of net sales. All of these reserves are part of the allowances netted against accounts receivable. The Company estimates an allowance for doubtful accounts based on the creditworthiness of its customers as well as general economic conditions. The Company writes off uncollectible trade receivables once collection efforts have been exhausted.
Inventories	5. Inventories Wholesale inventories are stated at the lower of cost (determined by the first-in, first-out method) or market which comprises a significant portion of the Company’s inventory. Retail inventories are valued at the lower of cost or market as determined by the retail inventory method. Vilebrequin inventories are stated at the lower of cost (determined by the weighted average method) or market.
Goodwill and Other Intangibles	6. Goodwill and Other Intangibles Goodwill represents the excess of purchase price over the fair value of net assets acquired in business combinations accounted for under the purchase method of accounting. Goodwill and certain intangible assets deemed to have indefinite lives are not amortized, but are subject to annual impairment tests using a test combining a discounted cash flow approach and a market approach. Other intangibles with determinable lives, including license agreements, trademarks and customer lists are amortized on a straight-line basis over the estimated useful lives of the assets (currently ranging from 3 to 15 years). Impairment losses, if any, on intangible assets with finite lives are recorded when indicators of impairment are present and the discounted cash flows estimated to be derived from those assets are less than the assets’ carrying amounts.
Depreciation and Amortization	7. Depreciation and Amortization Property and equipment are recorded at cost. Depreciation and amortization are computed by the straight-line method over the estimated useful lives of the assets. Leasehold improvements are amortized using the straight-line method over the life of the lease or the useful life of the improvement, whichever is shorter.
Impairment of Long-Lived Assets	8. Impairment of Long-Lived Assets In accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 360, Property, Plant and Equipment, the Company annually evaluates the carrying value of its long-lived assets to determine whether changes have occurred that would suggest that the carrying amount of such assets may not be recoverable based on the estimated future undiscounted cash flows of the businesses to which the assets relate. Any impairment loss would be equal to the amount by which the carrying value of the assets exceeded its fair value.
Income Taxes	9. Income Taxes The Company accounts for income taxes and uncertain tax positions in accordance with ASC Topic 740 — Income Taxes. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a return, as well as guidance on de-recognition, classification, interest and penalties and financial statement reporting disclosures. Deferred income taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.
Net Income Per Common Share	10. Net Income Per Common Share On April 1, 2015, the Board of Directors approved a two-for-one stock split of the Company’s outstanding shares of common stock, effected in the form of a stock dividend. The stock dividend was paid to stockholders of record as of the close of market on April 20, 2015 and was effected on May 1, 2015. All share and per share information has been retroactively adjusted to reflect this stock split. Basic net income per common share has been computed using the weighted average number of common shares outstanding during each period. Diluted net income per share is computed using the weighted average number of common shares and potential dilutive common shares, consisting of unvested restricted stock unit awards and stock options outstanding during the period. Approximately 165,000, 160,000 and 364,000 shares for the years ended January 31, 2016, 2015 and 2014, respectively, have been excluded from the diluted net income per share calculation as they relate to equity based awards that vest based on performance conditions and for which the vesting conditions have not been met at the end of the period. The Company issued 270,630, 620,036 and 639,296 shares of common stock in connection with the exercise or vesting of equity awards during the years ended January 31, 2016, 2015 and 2014, respectively. In addition, the Company re-issued 317,143 treasury shares in connection with the exercise or vesting of equity awards that occurred in October 2015. The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share, adjusted for the two-for-one split of the Company’s common stock effected on May 1, 2015: Year Ended January 31, 2016 2015 2014 (In thousands, except per share amounts) Net income attributable to G-III $114,333 $110,361 $77,360 Basic net income per share: Basic common shares 45,328 43,298 40,646 Basic net income per share $ 2.52 $ 2.55 $ 1.90 Diluted net income per share: Basic common shares 45,328 43,298 40,646 Stock options and restricted stock awards 1,184 1,126 1,082 Diluted common shares 46,512 44,424 41,728 Diluted net income per share $ 2.46 $ 2.48 $ 1.85
Equity Award Compensation	11. Equity Award Compensation ASC Topic 718, Compensation — Stock Compensation, requires all share-based payments to employees, including grants of restricted unit stock awards and employee stock options, to be recognized as compensation expense over the service period (generally the vesting period) based on their fair values. The impact of forfeitures that may occur prior to vesting is estimated and considered in the amount recognized. Restricted unit stock awards generally vest over a four or five year period and certain awards also include market price conditions that provide for the award to vest only after the average closing price of the Company’s stock trades above a predetermined market level. In addition, certain awards have performance conditions that require the satisfaction of an earnings after taxes or net income per diluted share performance target. All awards are expensed on a straight line basis other than awards with market and/or performance conditions, which are expensed under the requisite acceleration method. It is the Company’s policy to grant stock options at prices not less than the fair market value on the date of the grant. Option terms, vesting and exercise periods vary, except that the term of an option may not exceed ten years.
Cost of Goods Sold	12. Cost of Goods Sold Cost of goods sold includes the expenses incurred to acquire, produce and prepare inventory for sale, including product costs, warehouse staff wages, freight in, import costs, packaging materials, the cost of operating the overseas offices and royalty expense. The gross margins may not be directly comparable to those of the Company’s competitors, as income statement classifications of certain expenses may vary by company.
Shipping and Handling Costs	13. Shipping and Handling Costs Shipping and handling costs for wholesale operations consist of warehouse facility costs, third party warehousing, freight out costs, and warehouse supervisory wages and are included in selling, general and administrative expense. Wholesale shipping and handling costs included in selling, general and administrative expenses were $73.1 million, $62.4 million and $54.8 million for the years ended January 31, 2016, 2015 and 2014, respectively. Shipping and handling costs for retail operations consist of warehouse facility costs, third party warehousing, and warehouse wages and are included in selling, general and administrative expenses. Retail shipping and handling costs included in selling, general and administrative expenses were $9.9 million, $8.4 million and $3.1 million for the years ended January 31, 2016, 2015 and 2014, respectively.
Advertising Costs	14. Advertising Costs The Company expenses advertising costs as incurred and includes these costs in selling, general and administrative expense. Advertising paid as a percentage of sales under license agreements are expensed in the period in which the sales occur or are accrued to meet guaranteed minimum requirements under license agreements. Advertising expense was $81.9 million, $71.5 million and $62.3 million for the years ended January 31, 2016, 2015 and 2014, respectively. Prepaid advertising, which represents advance payments to licensors for minimum guaranteed payments for advertising under the Company’s licensing agreements, was $7.2 million and $5.8 million at January 31, 2016 and 2015, respectively.
Use of Estimates	15. Use of Estimates In preparing financial statements in conformity with accounting principles generally accepted in the United States, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Fair Value of Financial Instruments	16. Fair Value of Financial Instruments The carrying amount of the Company’s variable rate debt approximates the fair value, as interest rates change with the market rates. Furthermore, the carrying value of all other financial instruments potentially subject to valuation risk (principally consisting of cash, accounts receivable and accounts payable) also approximates fair value due to the short-term nature of these accounts. The promissory notes issued in connection with the acquisition of Vilebrequin were valued using the current market interest rate at the time of acquisition. These notes were repurchased by the Company during the fiscal year ended January 31, 2015. In addition, the annual calculation of contingent consideration recorded in connection with the acquisition of Vilebrequin reflected current market conditions at such time. The fair values of both the promissory notes and the contingent consideration would be considered Level 3 valuations in the fair value hierarchy. See Note L — Other Income for more details on the adjustment of the contingent consideration during fiscal 2016 and 2015.
Foreign Currency Translation	17. Foreign Currency Translation The Company’s international subsidiaries use different functional currencies, which are the local selling currency. In accordance with the authoritative guidance, assets and liabilities of the Company’s foreign operations are translated from foreign currency into U.S. dollars at period-end rates, while income and expenses are translated at the weighted-average exchange rates for the period. The related translation adjustments are reflected as a foreign currency translation adjustment in accumulated other comprehensive income (loss) within stockholders’ equity.
Effects of Recently Issued Accounting Pronouncements	18. Effects of Recently Issued Accounting Pronouncements In February 2016, the FASB issued Accounting Standard Update (“ASU”) 2016-02, Leases (Topic 842). The main difference between the current requirement under GAAP and ASU 2016-02 is the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases. ASU 2016-02 requires that a lessee recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term (other than leases that meet the definition of a short-term lease). The liability will be equal to the present value of lease payments. The asset will be based on the liability, subject to adjustment, such as for initial direct costs. For income statement purposes, the FASB retained a dual model, requiring leases to be classified as either operating or finance. Operating leases will result in straight-line expense (similar to current operating leases) while finance leases will result in a front-loaded expense pattern (similar to current capital leases). Classification will be based on criteria that are for the most part similar to those applied in current lease accounting. ASU 2016-02 must be adopted using a modified retrospective transition, and provides for certain practical expedients. Transactions will require application of the new guidance at the beginning of the earliest comparative period presented. The Company is currently assessing the potential impact of ASU 2016-02 on its consolidated financial statements. In January 2016, the FASB issued ASU 2016-01, "Financial Instruments — Overall (Subtopic 825-10) — Recognition and Measurement of Financial Assets and Financial Liabilities,” which modifies how entities measure equity investments and present changes in the fair value of financial liabilities; simplifies the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment; changes presentation and disclosure requirements; and clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. ASU 2016-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted. The Company is evaluating the impact that this new guidance will have on the Company’s financial position, results of operations, cash flows and related disclosures. In November 2015, the FASB issued ASU 2015-17: Income Taxes (Topic 740) — Balance Sheet Classification of Deferred Taxes. Prior to ASU 2015-17, GAAP required an entity to separate deferred income tax asset and liabilities into current and noncurrent amounts on the balance sheet. ASU 2015-17 requires that all deferred tax assets and liabilities, along with any related valuation allowance, be classified as noncurrent on the balance sheet. ASU 2015-17 is effective for annual and interim periods beginning after December 15, 2016 and early adoption is permitted. ASU 2015-17 may be applied either prospectively to all deferred tax assets and liabilities or retrospectively to all periods presented. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In September 2015, the FASB issued ASU 2015-16, “Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments”. The amendments eliminate the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The ASU is effective for annual reporting periods beginning after December 15, 2016 and interim periods within annual reporting periods beginning after December 15, 2017, and should be applied prospectively. Early adoption is permitted for financial statements that have not been previously issued. The Company does not expect that the adoption of this ASU will have a material impact on its consolidated financial statements. In August 2015, the FASB issued ASU 2015-14 “Revenues from Contracts with Customers (Topic 606): Deferral of the Effective Date”, to defer the effective date of ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” by one year to annual and interim periods beginning after December 15, 2017. ASU 2014-09 provides for significant revisions to the recognition of revenue from contracts with customers across various industries. Under the new guidance, entities are required to apply a prescribed 5-step process to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. Early adoption will be allowed, but not before the original effective date. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In July 2015, the FASB issued ASU 2015-11, “Inventory (Topic 330): Simplifying the Measurement of Inventory”. Under this standard, inventory will be measured at the “lower of cost and net realizable value” and options that currently exist for “market value” will be eliminated. The standard defines net realizable value as the “estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation.” No other changes were made to the current guidance on inventory measurement. This guidance is effective for interim and annual periods beginning after December 15, 2016. Early adoption is permitted and should be applied prospectively. The Company is currently evaluating the impact of adopting the standard on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-05, “Intangibles — Goodwill and Other — Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement”. The update includes explicit guidance about a customer’s accounting for fees paid in a cloud computing arrangement such as software as a service, platform as a service, infrastructure as a service, and other similar hosting arrangements. The update is effective for interim and annual periods beginning after December 15, 2016 with early adoption permitted, including in the interim periods. The Company is currently evaluating the impact of this update on its consolidated financial statements. In April 2015, the FASB issued ASU 2015-03, “Interest — Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance” which changes the presentation of debt issuance costs in financial statements. Under ASU 2015-03, an entity presents such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs is reported as interest expense. ASU 2015-03 is effective for fiscal years and interim periods within those fiscal years beginning after December 15, 2015. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

SIGNIFICANT ACCOUNTING POLICI24

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
SIGNIFICANT ACCOUNTING POLICIES (Tables)	Jan. 31, 2016
Accounting Policies [Abstract]
Schedule of reconciliation between basic and diluted net income per share	Year Ended January 31, 2016 2015 2014 (In thousands, except per share amounts) Net income attributable to G-III $114,333 $110,361 $77,360 Basic net income per share: Basic common shares 45,328 43,298 40,646 Basic net income per share $ 2.52 $ 2.55 $ 1.90 Diluted net income per share: Basic common shares 45,328 43,298 40,646 Stock options and restricted stock awards 1,184 1,126 1,082 Diluted common shares 46,512 44,424 41,728 Diluted net income per share $ 2.46 $ 2.48 $ 1.85

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
INVENTORIES (Tables)	Jan. 31, 2016
Inventory Disclosure [Abstract]
Schedule of inventories	January 31, 2016 2015 (In thousands) Finished goods $ 484,805 $ 417,332 Raw materials and work-in-process 506 8,848 $ 485,311 $ 426,180

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
PROPERTY AND EQUIPMENT (Tables)	Jan. 31, 2016
Property Plant And Equipment [Abstract]
Schedule of property and equipment at cost	January 31, 2016 2015 (In thousands) Machinery and equipment 5 years $ 1,820 $ 1,195 Leasehold improvements 3 – 13 years 78,082 67,066 Furniture and fixtures 3 – 5 years 70,899 43,440 Computer equipment and software 2 – 3 years 12,909 8,439 163,710 120,140 Less: accumulated depreciation 60,131 38,469 $ 103,579 $ 81,671

ACQUISITIONS AND INTANGIBLES (T

ACQUISITIONS AND INTANGIBLES (Tables)	12 Months Ended
ACQUISITIONS AND INTANGIBLES (Tables)	Jan. 31, 2016
Business Acquisition [Line Items]
Schedule of components of preliminary purchase price allocation for acquisition of Vilebrequin	January 31, Estimated Life 2016 2015 (In thousands) Gross carrying amounts Licenses 14 years $ 19,074 $ 19,819 Trademarks 8 – 12 years 2,194 2,194 Customer relationships 8 – 15 years 8,163 8,408 Other 3 – 10 years 4,975 4,844 Subtotal 34,406 35,265 Accumulated amortization Licenses 14,152 13,815 Trademarks 2,127 2,036 Customer relationships 4,835 4,291 Other 2,426 1,890 Subtotal 23,540 22,032 Net Licenses 4,922 6,004 Trademarks 67 158 Customer relationships 3,328 4,117 Other 2,549 2,954 Subtotal 10,866 13,233 Unamortized intangible assets Goodwill 49,437 52,130 Trademarks 67,200 73,097 Subtotal 116,637 125,227 Total intangible assets, net $ 127,503 $ 138,460
Schedule of intangible assets	Year Ending January 31, Amortization Expense (In thousands) 2017 $ 1,874 2018 1,825 2019 1,804 2020 1,459 2021 929
G.H. Bass
Business Acquisition [Line Items]
Schedule of estimated intangible amortization expense	Purchase price: Cash paid $ 49,236 $ 49,236 Allocation: Current assets $ 42,967 Property, plant and equipment 2,788 Identifiable intangible assets — Trademarks 2,490 Other non-current assets, net 975 Assumed liabilities (700 ) Goodwill 716 $ 49,236

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
INCOME TAXES (Tables)	Jan. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of components of income tax provision	Year Ended January 31, 2016 2015 2014 (In thousands) Current Federal $ 47,585 $ 46,989 $ 36,828 State and city 5,910 5,978 5,396 Foreign 7,768 5,688 7,040 61,263 58,655 49,264 Deferred Federal 3,458 1,422 (3,328 ) State and city 535 (67 ) 189 Foreign (456 ) (560 ) (299 ) 3,537 795 (3,438 ) Income tax expense $ 64,800 $ 59,450 $ 45,826 Income before income taxes United States $ 149,578 $ 133,709 $ 104,435 Non-United States 29,555 34,732 17,793 $ 179,133 $ 168,441 $ 122,228
Schedule of significant components of net deferred tax assets	2016 2015 (In thousands) Deferred tax assets Compensation $ 4,448 $ 3,964 Provision for bad debts and sales allowances 11,180 10,254 Inventory write-downs 3,581 3,059 Other 1,717 1,671 Deferred tax assets, current 20,926 18,948 Compensation 8,597 6,855 Straight-line lease 3,713 5,128 Supplemental employee retirement plan 378 420 Net operating loss 1,637 1,613 Other 95 71 Deferred tax assets, non-current 14,420 14,087 Total deferred tax assets 35,346 33,035 Deferred tax liabilities Prepaid expenses and other, current (3,362 ) (2,876 ) Depreciation and amortization, non-current (15,981 ) (10,563 ) Intangibles, non-current (21,772 ) (23,631 ) Other (507 ) (364 ) Total deferred tax liabilities (41,622 ) (37,434 ) Net deferred tax liabilities $ (6,276 ) $ (4,399 )
Schedule of reconciliation of statutory federal income tax rate to effective rate reported in financial statements	2016 2015 2014 Provision for Federal income taxes at the statutory rate 35.0 % 35.0 % 35.0 % State and local income taxes, net of Federal tax benefit 2.4 2.3 3.0 Permanent differences resulting in Federal taxable income 3.6 2.9 4.5 Foreign tax rate differential (1.4 ) 0.1 (0.1 ) Foreign tax credit (3.1 ) (6.5 ) (5.4 ) Other, net (0.3) 1.5 0.5 Actual provision for income taxes 36.2 % 35.3 % 37.5 %

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
COMMITMENTS AND CONTINGENCIES (Tables)	Jan. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Schedule of future minimum rental payments for operating leases having non-cancelable lease periods in excess of one year	Year Ending January 31, Amount (In thousands) 2017 $ 70,004 2018 63,821 2019 57,467 2020 53,051 2021 51,657 Thereafter 152,172 $ 448,172
Schedule of future minimum royalty and advertising payments	Year Ending January 31, Amount (In thousands) 2017 $ 115,519 2018 94,652 2019 86,748 2020 79,926 2021 75,825 Thereafter 190,082 $ 642,752

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
STOCKHOLDERS' EQUITY (Tables)	Jan. 31, 2016
Stockholders' Equity Note [Abstract]
Schedule of restricted stock	Awards Weighted Average Unvested as of January 31, 2014 2,240,354 $ 18.48 Granted 522,170 $ 34.26 Vested (667,062 ) $ 14.08 Canceled (4,050 ) $ 27.44 Unvested as of January 31, 2015 2,091,412 $ 23.80 Granted 507,319 $ 47.36 Vested (549,848 ) $ 19.40 Canceled — $ — Unvested as of January 31, 2016 2,048,883 $ 30.79
Schedule of information regarding stock options	2016 2015 2014 Shares Weighted Shares Weighted Shares Weighted Stock options outstanding at beginning of year 469,176 $ 11.16 536,976 $ 11.11 764,108 $ 10.40 Exercised (37,525 ) $ 11.11 (67,800 ) $ 10.76 (219,532 ) $ 8.68 Granted — $ — — $ — — $ — Cancelled or forfeited (100,000 ) $ 13.08 — $ — (7,600 ) $ 9.70 Stock options outstanding at end of year 331,651 $ 10.59 469,176 $ 11.16 536,976 $ 11.11 Exercisable 253,151 $ 9.07 250,176 $ 8.63 318,476 $ 9.33
Schedule of information about stock options outstanding	Range of Exercise Prices Number Weighted Weighted Number Weighted $0.00 – $8.00 115,000 2.22 $ 6.59 115,000 $ 6.59 $8.01 – $12.00 86,585 1.56 $ 9.23 86,585 $ 9.23 $12.01 – $16.00 112,400 6.02 $ 14.61 36,400 $ 12.98 $16.01 – $40.00 17,666 6.12 $ 17.76 15,166 $ 17.70 331,651 253,151

SEGMENTS (Tables)

SEGMENTS (Tables)	12 Months Ended
SEGMENTS (Tables)	Jan. 31, 2016
Segment Reporting [Abstract]
Schedule of information regarding reportable segments	January 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 1,949,646 $ 514,027 $ (119,531 ) $ 2,344,142 Cost of goods sold 1,348,109 276,926 (119,531 ) 1,505,504 Gross profit 601,537 237,101 — 838,638 Selling, general and administrative 398,476 230,286 — 628,762 Depreciation and amortization 17,413 7,979 — 25,392 Operating profit (loss) $ 185,648 $ (1,164 ) $ — $ 184,484 January 31, 2015 Wholesale Retail Elimination (1) Total Net sales $ 1,745,894 $ 499,284 $ (128,323 ) $ 2,116,855 Cost of goods sold 1,220,489 267,430 (128,323 ) 1,359,596 Gross profit 525,405 231,854 — 757,259 Selling, general and administrative 349,535 222,455 — 571,990 Depreciation and amortization 13,454 6,920 20,374 Operating profit $ 162,416 $ 2,479 $ — $ 164,895 January 31, 2014 Wholesale Retail Elimination (1) Total Net sales $ 1,487,854 $ 298,008 $ (67,631 ) $ 1,718,231 Cost of goods sold 1,050,348 150,505 (67,631 ) 1,133,222 Gross profit 437,506 147,503 — 585,009 Selling, general and administrative 313,191 127,315 — 440,506 Depreciation and amortization 10,014 3,662 13,676 Operating profit $ 114,301 $ 16,526 $ — $ 130,827 (1) Represents intersegment sales to the Company’s retail operations.
Schedule of total assets for each reportable segments	January 31, 2016 2015 (In thousands) Wholesale $ 763,353 $ 684,479 Retail 210,118 182,363 Corporate 210,599 176,919 Total Assets $ 1,184,070 $ 1,043,761
Schedule of method of overhead allocation	2016 2015 2014 Geographic Region Revenues Long-Lived Revenues Long-Lived Revenues Long-Lived (In thousands) United States $ 2,157,889 $ 150,949 $ 1,956,589 $ 132,822 $ 1,528,473 $ 106,638 Non-United States 186,253 130,681 160,266 115,030 189,758 138,069 $ 2,344,142 $ 281,630 $ 2,116,855 $ 247,852 $ 1,718,231 $ 244,707

QUARTERLY FINANCIAL DATA (UNA32

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	Jan. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of summarized quarterly financial data	Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 432,965 $ 473,884 $ 909,865 $ 527,428 Gross profit 154,427 168,340 337,057 178,814 Net income attributable to G-III 6,760 12,453 87,156 7,964 Net income per common share Basic $ 0.15 $ 0.28 $ 1.92 $ 0.17 Diluted $ 0.15 $ 0.27 $ 1.87 $ 0.17 Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 366,192 $ 424,010 $ 812,330 $ 514,323 Gross profit 130,133 148,384 295,252 183,490 Net income attributable to G-III 1,290 6,236 80,615 22,220 Net income per common share Basic $ 0.03 $ 0.15 $ 1.80 $ 0.49 Diluted $ 0.03 $ 0.14 $ 1.76 $ 0.48

SIGNIFICANT ACCOUNTING POLICI33

SIGNIFICANT ACCOUNTING POLICIES - Reconciliation between Basic and Diluted Net Income per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Accounting Policies [Abstract]
Net income attributable to G-III (in dollars)	$ 7,964	$ 87,156	$ 12,453	$ 6,760	$ 22,220	$ 80,615	$ 6,236	$ 1,290	$ 114,333	$ 110,361	$ 77,360
Basic net income per share:
Basic common shares									45,328	43,298	40,646
Basic net income per share	$ 0.17	$ 1.92	$ 0.28	$ 0.15	$ 0.49	$ 1.80	$ 0.15	$ 0.03	$ 2.52	$ 2.55	$ 1.90
Diluted net income per share:
Basic common shares									45,328	43,298	40,646
Stock options and restricted stock awards									1,184	1,126	1,082
Diluted common shares									46,512	44,424	41,728
Diluted net income per share	$ 0.17	$ 1.87	$ 0.27	$ 0.15	$ 0.48	$ 1.76	$ 0.14	$ 0.03	$ 2.46	$ 2.48	$ 1.85

SIGNIFICANT ACCOUNTING POLICI34

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2015	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Accounting Policies [Abstract]
Anti-dilutive shares excluded from diluted net income per share calculation		165,000	160,000	364,000
Common stock issued in connection with exercise or vesting of equity awards		270,630	620,036	639,296
Treasury shares re-issued in connection with the exercise or vesting of equity awards	317,143
Stock split of common stock		two-for-one split
Advertising expense		$ 81,900	$ 71,500	$ 62,300
Prepaid advertising		7,200	5,800
Accounting Policies [Line Items]
Selling, general and administrative expenses		628,762	571,990	440,506
Wholesale shipping and handling costs
Accounting Policies [Line Items]
Selling, general and administrative expenses		73,100	62,400	54,800
Retail shipping and handling costs
Accounting Policies [Line Items]
Selling, general and administrative expenses		$ 9,900	$ 8,400	$ 3,100
Stock Options
Accounting Policies [Line Items]
Vesting period of awards		10 years
Minimum
Accounting Policies [Line Items]
Intangible assets, estimated useful lives		3 years
Minimum \| Restricted Stock Units (RSUs)
Accounting Policies [Line Items]
Vesting period of awards		4 years
Maximum
Accounting Policies [Line Items]
Intangible assets, estimated useful lives		15 years
Maximum \| Restricted Stock Units (RSUs)
Accounting Policies [Line Items]
Vesting period of awards		5 years

INVENTORIES (Detail)

INVENTORIES (Detail) - USD ($) $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
Inventory Disclosure [Abstract]
Finished goods	$ 484,805	$ 417,332
Raw materials and work-in-process	506	8,848
Inventories	$ 485,311	$ 426,180

INVENTORIES (Detail Textuals)

INVENTORIES (Detail Textuals) $ in Millions	Jan. 31, 2015USD ($)
CHINA
Inventory Disclosure [Line Items]
Raw materials, net of allowances	$ 7.7

PROPERTY AND EQUIPMENT - Proper

PROPERTY AND EQUIPMENT - Property and Equipment at Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 163,710	$ 120,140
Less: accumulated depreciation	60,131	38,469
Property and equipment, net	$ 103,579	81,671
Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	5 years
Property and equipment, gross	$ 1,820	1,195
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 78,082	67,066
Leasehold improvements \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	3 years
Leasehold improvements \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	13 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 70,899	43,440
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	3 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	5 years
Computer equipment and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 12,909	$ 8,439
Computer equipment and software \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	2 years
Computer equipment and software \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	3 years

PROPERTY AND EQUIPMENT (Detail

PROPERTY AND EQUIPMENT (Detail Textuals) - USD ($)	12 Months Ended
PROPERTY AND EQUIPMENT (Detail Textuals) - USD ($)	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Property Plant And Equipment [Abstract]
Fixed asset write offs	$ 618,000	$ 1,100,000
Depreciation expense	$ 23,000,000	$ 17,900,000	$ 11,400,000

ACQUISITIONS AND INTANGIBLES -

ACQUISITIONS AND INTANGIBLES - Summary of Components of Preliminary Purchase Price Allocation for Acquisition of Vilebrequin (Detail ) - USD ($) $ in Thousands	Nov. 04, 2013	Jan. 31, 2016	Jan. 31, 2015
Allocation:
Goodwill		$ 49,437	$ 52,130
G.H. Bass
Purchase price:
Cash paid	$ 49,236
Total consideration paid by the company in business acquisition	49,236
Allocation:
Current assets	42,967
Property, plant and equipment	2,788
Identifiable intangible assets	2,490
Other non-current assets, net	975
Assumed liabilities	(700)
Goodwill	716
Total consideration paid by the Company in business acquisition	$ 49,236

ACQUISITIONS AND INTANGIBLES 40

ACQUISITIONS AND INTANGIBLES - Intangible assets balances (Detail 1) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 34,406	$ 35,265
Accumulated amortization	23,540	22,032
Net	10,866	13,233
Unamortized intangible assets
Goodwill	49,437	52,130
Trademarks	67,200	73,097
Subtotal	116,637	125,227
Total intangible assets, net	$ 127,503	138,460
Minimum
Unamortized intangible assets
Estimated Life	3 years
Maximum
Unamortized intangible assets
Estimated Life	15 years
Licenses
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 19,074	19,819
Accumulated amortization	14,152	13,815
Net	$ 4,922	6,004
Unamortized intangible assets
Estimated Life	14 years
Trademarks
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 2,194	2,194
Accumulated amortization	2,127	2,036
Net	$ 67	158
Trademarks \| Minimum
Unamortized intangible assets
Estimated Life	8 years
Trademarks \| Maximum
Unamortized intangible assets
Estimated Life	12 years
Customer relationships
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 8,163	8,408
Accumulated amortization	4,835	4,291
Net	$ 3,328	4,117
Customer relationships \| Minimum
Unamortized intangible assets
Estimated Life	8 years
Customer relationships \| Maximum
Unamortized intangible assets
Estimated Life	15 years
Other
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 4,975	4,844
Accumulated amortization	2,426	1,890
Net	$ 2,549	$ 2,954
Other \| Minimum
Unamortized intangible assets
Estimated Life	3 years
Other \| Maximum
Unamortized intangible assets
Estimated Life	10 years

ACQUISITIONS AND INTANGIBLES 41

ACQUISITIONS AND INTANGIBLES - Estimated Intangible Amortization Expense (Detail 2) $ in Thousands	Jan. 31, 2016USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 1,874
2,018	1,825
2,019	1,804
2,020	1,459
2,021	$ 929

ACQUISITIONS AND INTANGIBLES (D

ACQUISITIONS AND INTANGIBLES (Detail Textuals)	Nov. 04, 2013USD ($)Store	Jan. 31, 2016USD ($)	Jan. 31, 2015USD ($)	Jan. 31, 2014USD ($)
Business Acquisition [Line Items]
Intangible assets amortization expense		$ 1,900,000	$ 2,000,000	$ 1,600,000
Exchange differences in acquisition of intangible assets		2,700,000	3,500,000
Goodwill		49,437,000	52,130,000
Wholesale operations
Business Acquisition [Line Items]
Goodwill		48,700,000	51,400,000
Retail operations
Business Acquisition [Line Items]
Goodwill		$ 716,000	$ 716,000
G.H. Bass
Business Acquisition [Line Items]
Business acquisition agreement, consideration in cash	$ 49,236,000
Number of outlet stores acquired \| Store	160
Goodwill	$ 716,000

NOTES PAYABLE AND OTHER LIABI43

NOTES PAYABLE AND OTHER LIABILITIES (Detail Textuals) € in Millions, $ in Millions	1 Months Ended
	Aug. 31, 2012USD ($)	Jan. 31, 2016USD ($)	Jan. 31, 2015USD ($)	Oct. 31, 2014EUR (€)
Debt Instrument [Line Items]
Senior secured credit facility	$ 450
Term of senior secured credit facility	5 years
Amount available under credit agreement		$ 444.5
Weighted average interest rate for borrowings under credit facility		2.10%	2.20%
Letters of credit		$ 5.5	$ 8
Unsecured promissory notes
Debt Instrument [Line Items]
Principal amount of unsecured promissory notes \| €				€ 15
LIBOR plus \| Minimum
Debt Instrument [Line Items]
Spread interest rate	1.50%
LIBOR plus \| Maximum
Debt Instrument [Line Items]
Spread interest rate	2.00%
Prime plus \| Minimum
Debt Instrument [Line Items]
Spread interest rate	0.50%
Prime plus \| Maximum
Debt Instrument [Line Items]
Spread interest rate	1.00%

INCOME TAXES - Components of In

INCOME TAXES - Components of Income Tax Provision (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Current
Federal	$ 47,585	$ 46,989	$ 36,828
State and city	5,910	5,978	5,396
Foreign	7,768	5,688	7,040
Current Income Tax Expense (Benefit), Total	61,263	58,655	49,264
Deferred
Federal	3,458	1,422	(3,328)
State and city	535	(67)	189
Foreign	(456)	(560)	(299)
Deferred Income Tax Expense (Benefit), Total	3,537	795	(3,438)
Income tax expense	64,800	59,450	45,826
Income before income taxes
United States	149,578	133,709	104,435
Non-United States	29,555	34,732	17,793
Income before income taxes	$ 179,133	$ 168,441	$ 122,228

INCOME TAXES - Summary of Signi

INCOME TAXES - Summary of Significant Components of Net Deferred Tax Assets (Detail 1) - USD ($) $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
Deferred tax assets
Compensation	$ 4,448	$ 3,964
Provision for bad debts and sales allowances	11,180	10,254
Inventory write-downs	3,581	3,059
Other	1,717	1,671
Deferred tax assets, current	20,926	18,948
Compensation	8,597	6,855
Straight-line lease	3,713	5,128
Supplemental employee retirement plan	378	420
Net operating loss	1,637	1,613
Other	95	71
Deferred tax assets, non-current	14,420	14,087
Total deferred tax assets	35,346	33,035
Deferred tax liabilities
Prepaid expenses and other, current	(3,362)	(2,876)
Depreciation and amortization, non-current	(15,981)	(10,563)
Intangibles, non-current	(21,772)	(23,631)
Other	(507)	(364)
Total deferred tax liabilities	(41,622)	(37,434)
Net deferred tax liabilities	$ (6,276)	$ (4,399)

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Statutory Federal Income Tax Rate to Effective Rate Reported in Financial Statements (Detail 2)	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Income Tax Disclosure [Abstract]
Provision for Federal income taxes at the statutory rate	35.00%	35.00%	35.00%
State and local income taxes, net of Federal tax benefit	2.40%	2.30%	3.00%
Permanent differences resulting in Federal taxable income	3.60%	2.90%	4.50%
Foreign tax rate differential	(1.40%)	0.10%	(0.10%)
Foreign tax credit	(3.10%)	(6.50%)	(5.40%)
Other, net	(0.30%)	1.50%	0.50%
Actual provision for income taxes	36.20%	35.30%	37.50%

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Detail Textuals) - USD ($) $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
Income Tax Disclosure [Abstract]
Increase to unrecognized tax position reserve relating to the prior year's state tax filings	$ 66,000
Commercial foreign sourced income tax rate	11.60%
Undistributed earnings of foreign subsidiaries	$ 18,300
Income Taxes [Line Items]
Deferred tax liabilities related to intangible assets	21,772	$ 23,631
Switzerland
Income Taxes [Line Items]
Deferred tax liabilities related to intangible assets	$ 14,300	$ 15,900

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Future Minimum Rental Payments for Operating Leases Having Non-Cancelable Lease Periods in Excess of One Year (Detail) $ in Thousands	Jan. 31, 2016USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,017	$ 70,004
2,018	63,821
2,019	57,467
2,020	53,051
2,021	51,657
Thereafter	152,172
Future minimum rental payments for operating leases, total	$ 448,172

COMMITMENTS AND CONTINGENCIES49

COMMITMENTS AND CONTINGENCIES - Future Minimum Royalty and Advertising Payments (Detail 1) - Royalty and Advertising Payments $ in Thousands	Jan. 31, 2016USD ($)
Licenses Agreements [Line Items]
2,017	$ 115,519
2,018	94,652
2,019	86,748
2,020	79,926
2,021	75,825
Thereafter	190,082
Future minimum royalty and advertising payments, total	$ 642,752

COMMITMENTS AND CONTINGENCIES50

COMMITMENTS AND CONTINGENCIES (Detail Textuals) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Commitment And Contingencies [Line Items]
Rent expense	$ 75.6	$ 72.6	$ 48.3
Advertising expense	81.9	71.5	62.3
License Agreements
Commitment And Contingencies [Line Items]
Royalty expense	123.7	109.6	101.5
Advertising expense	$ 36.1	$ 32.1	$ 30
License Agreements \| Minimum
Commitment And Contingencies [Line Items]
Royalty payments as a percentage of net sales	4.00%
License Agreements \| Maximum
Commitment And Contingencies [Line Items]
Royalty payments as a percentage of net sales	19.00%

STOCKHOLDERS' EQUITY - Restrict

STOCKHOLDERS' EQUITY - Restricted Stock (Detail) - $ / shares	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Awards Outstanding
Unvested, beginning balance	2,091,412	2,240,354
Granted	507,319	522,170
Vested	(549,848)	(667,062)
Canceled		(4,050)
Unvested, ending balance	2,048,883	2,091,412
Weighted Average Grant Date Fair Value
Unvested, beginning balance	$ 23.80	$ 18.48
Granted	47.36	34.26
Vested	$ 19.40	14.08
Canceled		27.44
Unvested, ending balance	$ 30.79	$ 23.80

STOCKHOLDERS' EQUITY - Informat

STOCKHOLDERS' EQUITY - Information Regarding All Stock Options (Detail 1) - $ / shares	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Shares
Stock options outstanding at beginning of year	469,176	536,976	764,108
Exercised	(37,525)	(67,800)	(219,532)
Granted
Cancelled or forfeited	(100,000)		(7,600)
Stock options outstanding at end of year	331,651	469,176	536,976
Exercisable	253,151	250,176	318,476
Weighted Average Exercise Price
Stock options outstanding at beginning of year	$ 11.16	$ 11.11	$ 10.40
Exercised	$ 11.11	$ 10.76	$ 8.68
Granted
Cancelled or forfeited	$ 13.08		$ 9.70
Stock options outstanding at end of year	10.59	$ 11.16	11.11
Exercisable	$ 9.07	$ 8.63	$ 9.33

STOCKHOLDERS' EQUITY - Summary

STOCKHOLDERS' EQUITY - Summary of Information about Stock Options Outstanding (Detail 2)	12 Months Ended
	Jan. 31, 2016$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number, Outstanding Shares \| shares	331,651
Number, Exercisable Shares \| shares	253,151
Exercise Price Range $0.00 - $8.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum Range	$ 0
Maximum Range	$ 8
Number, Outstanding Shares \| shares	115,000
Weighted Average Remaining Contractual Life	2 years 2 months 19 days
Weighted Average Exercise Price	$ 6.59
Number, Exercisable Shares \| shares	115,000
Weighted Average Exercise Price, Exercisable	$ 6.59
Exercise Price Range $8.01 - $12.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum Range	8.01
Maximum Range	$ 12
Number, Outstanding Shares \| shares	86,585
Weighted Average Remaining Contractual Life	1 year 6 months 22 days
Weighted Average Exercise Price	$ 9.23
Number, Exercisable Shares \| shares	86,585
Weighted Average Exercise Price, Exercisable	$ 9.23
Exercisable Price Range $12.01 - $16.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum Range	12.01
Maximum Range	$ 16
Number, Outstanding Shares \| shares	112,400
Weighted Average Remaining Contractual Life	6 years 7 days
Weighted Average Exercise Price	$ 14.61
Number, Exercisable Shares \| shares	36,400
Weighted Average Exercise Price, Exercisable	$ 12.98
Exercisable Price Range $16.01 - $40.00
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Minimum Range	16.01
Maximum Range	$ 40
Number, Outstanding Shares \| shares	17,666
Weighted Average Remaining Contractual Life	6 years 1 month 13 days
Weighted Average Exercise Price	$ 17.76
Number, Exercisable Shares \| shares	15,166
Weighted Average Exercise Price, Exercisable	$ 17.70

STOCKHOLDERS' EQUITY (Detail Te

STOCKHOLDERS' EQUITY (Detail Textuals) - USD ($)	1 Months Ended		12 Months Ended
STOCKHOLDERS' EQUITY (Detail Textuals) - USD ($)	Dec. 31, 2015	Jun. 30, 2014	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Stockholders Equity [Line Items]
Stock split of common stock			two-for-one split
Number of common share sold		3,450,000
Number of shares sold to underwriters		450,000
Public offering price per share (in dollars per share)		$ 38.82
Net proceed from offering		$ 128,700,000		$ 128,686,000
Number of shares authorized to be repurchased under prior program	3,750,000
Number of increased authorized shares to be repurchased	5,000,000
Share repurchase description	The Company did not repurchase any shares during fiscal 2016. The Company's credit agreement permits the Company to make payments for cash dividends, stock redemptions and share repurchases subject to compliance with certain covenants.
Proceeds from exercise of stock options			$ 417,000	729,000	$ 1,906,000
Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Shares available for grant			2,135,449
Restricted Stock Units (RSUs) \| Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Recognized compensation expense			$ 15,600,000	11,600,000	9,200,000
Unrecognized stock compensation related to unvested option awards			$ 42,000,000	32,200,000	26,100,000
Restricted Stock Units (RSUs) \| Minimum
Stockholders Equity [Line Items]
Vesting period of awards			4 years
Restricted Stock Units (RSUs) \| Minimum \| Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Vesting period of awards			3 years
Restricted Stock Units (RSUs) \| Maximum
Stockholders Equity [Line Items]
Vesting period of awards			5 years
Restricted Stock Units (RSUs) \| Maximum \| Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Vesting period of awards			5 years
Stock Options
Stockholders Equity [Line Items]
Vesting period of awards			10 years
Weighted average remaining term for stock options outstanding			3 years 6 months 15 days
Aggregate intrinsic value for stock options outstanding			$ 12,900,000
Aggregate intrinsic value for stock options exercisable			10,200,000
Proceeds from exercise of stock options			417,000	729,000
Intrinsic value of stock options exercised			1,700,000	2,000,000
Recognized compensation expense			153,000	$ 541,000	$ 680,000
Unrecognized stock compensation related to unvested option awards			$ 126,000
Stock Options \| Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Term of option awards			10 years

MAJOR CUSTOMERS (Detail Textual

MAJOR CUSTOMERS (Detail Textuals)	12 Months Ended
MAJOR CUSTOMERS (Detail Textuals)	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Customer One
Revenue, Major Customer [Line Items]
Percentage of net sales from major customer	20.80%	18.70%	21.00%

EMPLOYEE BENEFIT PLANS (Detail

EMPLOYEE BENEFIT PLANS (Detail Textuals) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Non-discretionary matching contribution			100.00%
Percentage of employee's compensation matched by employer			3.00%
Employer matching percentage of employee contributions			50.00%
Percentage of additional employee's compensation matched by employer			2.00%
Defined contribution plan, matching contributions	$ 2.3	$ 2	$ 1.3
Maximum
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan, employee contribution percentage for which employer contributes a matching contribution			6.00%

SEGMENTS - Information Regardin

SEGMENTS - Information Regarding Reportable Segments (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Segment Reporting Information [Line Items]
Net sales		$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 514,323	$ 812,330	$ 424,010	$ 366,192	$ 2,344,142	$ 2,116,855	$ 1,718,231
Cost of goods sold										1,505,504	1,359,596	1,133,222
Gross profit		$ 178,814	$ 337,057	$ 168,340	$ 154,427	$ 183,490	$ 295,252	$ 148,384	$ 130,133	838,638	757,259	585,009
Selling, general and administrative										628,762	571,990	440,506
Depreciation and amortization										25,392	20,374	13,676
Operating profit (loss)										184,484	164,895	130,827
Operating Segments \| Wholesale
Segment Reporting Information [Line Items]
Net sales										1,949,646	1,745,894	1,487,854
Cost of goods sold										1,348,109	1,220,489	1,050,348
Gross profit										601,537	525,405	437,506
Selling, general and administrative										398,476	349,535	313,191
Depreciation and amortization										17,413	13,454	10,014
Operating profit (loss)										185,648	162,416	114,301
Operating Segments \| Retail
Segment Reporting Information [Line Items]
Net sales										514,027	499,284	298,008
Cost of goods sold										276,926	267,430	150,505
Gross profit										237,101	231,854	147,503
Selling, general and administrative										230,286	222,455	127,315
Depreciation and amortization										7,979	6,920	3,662
Operating profit (loss)										(1,164)	2,479	16,526
Elimination
Segment Reporting Information [Line Items]
Net sales	[1]									(119,531)	(128,323)	(67,631)
Cost of goods sold	[1]									$ (119,531)	$ (128,323)	$ (67,631)
Gross profit	[1]
Selling, general and administrative	[1]
Depreciation and amortization	[1]
Operating profit (loss)	[1]

[1]	Represents intersegment sales to the Company's retail operations.

SEGMENTS - Information of Total

SEGMENTS - Information of Total Assets for Company's Reportable Segments (Detail 1) - USD ($) $ in Thousands	Jan. 31, 2016	Jan. 31, 2015
Segment Reporting Information [Line Items]
Total assets	$ 1,184,070	$ 1,043,761
Wholesale
Segment Reporting Information [Line Items]
Total assets	763,353	684,479
Retail
Segment Reporting Information [Line Items]
Total assets	210,118	182,363
Corporate
Segment Reporting Information [Line Items]
Total assets	$ 210,599	$ 176,919

SEGMENTS - Method of Overhead A

SEGMENTS - Method of Overhead Allocation (Detail 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 514,323	$ 812,330	$ 424,010	$ 366,192	$ 2,344,142	$ 2,116,855	$ 1,718,231
Long-Lived Assets	281,630				247,852				281,630	247,852	244,707
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									2,157,889	1,956,589	1,528,473
Long-Lived Assets	150,949				132,822				150,949	132,822	106,638
Non-United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									186,253	160,266	189,758
Long-Lived Assets	$ 130,681				$ 115,030				$ 130,681	$ 115,030	$ 138,069

SEGMENTS (Detail Textuals)

SEGMENTS (Detail Textuals) $ in Millions	12 Months Ended
SEGMENTS (Detail Textuals) $ in Millions	Jan. 31, 2016USD ($)Segment	Jan. 31, 2014USD ($)
Segment Reporting [Abstract]
Number of operating segments \| Segment	2
Capital expenditures for outside of United States \| $	$ 4.5	$ 6.4

OTHER INCOME (Detail Textuals)

OTHER INCOME (Detail Textuals) - USD ($)	12 Months Ended
OTHER INCOME (Detail Textuals) - USD ($)	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Business Acquisition [Line Items]
Income from minority interest		$ (1,370,000)	$ (958,000)
Gain on repurchase of unsecured promissory notes		1,893,000
Vilebrequin
Business Acquisition [Line Items]
Gain on revised estimated contingent consideration payable	$ 89,900	4,200,000
Compensation for termination of agreement		3,500,000
Proceeds from the sale of interest in joint venture		1,900,000
Gain on repurchase of unsecured promissory notes		$ 1,900,000
Karl Lagerfeld North America joint venture
Business Acquisition [Line Items]
Income from minority interest	$ 272,000

EQUITY INVESTMENT (Detail Textu

EQUITY INVESTMENT (Detail Textuals) - Karl Lagerfeld Group Bv $ in Millions	12 Months Ended
	Jan. 31, 2016USD ($)
Schedule of Equity Method Investments [Line Items]
Amount paid to acquired interest in joint venture	$ 25
Percent of interest acquired in joint venture	49.00%

QUARTERLY FINANCIAL DATA (UNA63

QUARTERLY FINANCIAL DATA (UNAUDITED) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 514,323	$ 812,330	$ 424,010	$ 366,192	$ 2,344,142	$ 2,116,855	$ 1,718,231
Gross profit	178,814	337,057	168,340	154,427	183,490	295,252	148,384	130,133	838,638	757,259	585,009
Net income attributable to G-III (in dollars)	$ 7,964	$ 87,156	$ 12,453	$ 6,760	$ 22,220	$ 80,615	$ 6,236	$ 1,290	$ 114,333	$ 110,361	$ 77,360
Net income per common share
Basic (in dollars per share)	$ 0.17	$ 1.92	$ 0.28	$ 0.15	$ 0.49	$ 1.80	$ 0.15	$ 0.03	$ 2.52	$ 2.55	$ 1.90
Diluted (in dollars per share)	$ 0.17	$ 1.87	$ 0.27	$ 0.15	$ 0.48	$ 1.76	$ 0.14	$ 0.03	$ 2.46	$ 2.48	$ 1.85

SUBSEQUENT EVENTS (Detail Textu

SUBSEQUENT EVENTS (Detail Textuals)	Feb. 29, 2016
Subsequent Event
Subsequent Event [Line Items]
Percentage of minority interest	19.00%

SCHEDULE II - VALUATION AND Q65

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2016	Jan. 31, 2015	Jan. 31, 2014
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period		$ 53,441	$ 54,987	$ 45,947
Charged to Costs and Expenses		212,660	162,817	141,950
Deductions	[1]	191,840	164,363	132,910
Balance at End of Period		74,261	53,441	54,987
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period		1,074	642	1,189
Charged to Costs and Expenses		515	584	355
Deductions	[1]	243	152	902
Balance at End of Period		1,346	1,074	642
Reserve for sales allowances
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	[2]	52,367	54,345	44,758
Charged to Costs and Expenses	[2]	212,145	162,233	141,595
Deductions	[1],[2]	191,597	164,211	132,008
Balance at End of Period	[2]	$ 72,915	$ 52,367	$ 54,345

[1]	Accounts written off as uncollectible, net of recoveries.
[2]	See Note A in the accompanying Notes to Consolidated Financial Statements for a description of sales allowances.