G-III Apparel (GIII) 10-K 3 Apr 17 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jan. 31, 2017	Mar. 31, 2017	Jul. 31, 2016
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		48,640,443
Entity Public Float			$ 1,638,155,776
Document Type	10-K
Document Period End Date	Jan. 31, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 79,957	$ 132,587
Accounts receivable, net of allowances for doubtful accounts and sales discounts of $95,686 and $74,261, respectively	263,881	221,500
Inventories	483,269	485,311
Prepaid income taxes	8,885	23,347
Deferred income taxes, net		17,564
Prepaid expenses and other current assets	46,946	22,131
Total current assets	882,938	902,440
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	61,171	25,662
PROPERTY AND EQUIPMENT, NET	102,571	103,579
OTHER ASSETS	36,181	24,886
OTHER INTANGIBLES, NET	48,558	10,799
DEFERRED INCOME TAX ASSETS, NET	15,849
TRADEMARKS, NET	435,414	67,267
GOODWILL	269,262	49,437
TOTAL ASSETS	1,851,944	1,184,070
CURRENT LIABILITIES
Income tax payable	2,242
Accounts payable	217,902	173,586
Accrued expenses	95,275	71,218
Total current liabilities	315,419	244,804
NOTES PAYABLE, net of note discount and unamortized issuance costs of $54,365 and $0, respectively	461,756
DEFERRED INCOME TAX LIABILITIES, NET	14,300	23,840
OTHER NON-CURRENT LIABILITIES	39,233	27,299
TOTAL LIABILITIES	830,708	295,943
STOCKHOLDERS' EQUITY
Preferred stock; 1,000 shares authorized; No shares issued and outstanding
Common stock - $.01 par value; 120,000 shares authorized; 49,016, and 46,212 shares issued	253	229
Additional paid-in capital	437,777	353,739
Accumulated other comprehensive loss	(27,722)	(23,689)
Retained earnings	612,418	560,491
Common stock held in treasury, at cost - 376 and 667 shares respectively	(1,490)	(2,643)
TOTAL STOCKHOLDERS' EQUITY	1,021,236	888,127
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 1,851,944	$ 1,184,070

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parentheticals) - USD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2016
Statement Of Financial Position [Abstract]
Allowance for doubtful accounts and sales discounts on accounts receivable (in dollars)	$ 95,686	$ 74,261
Note discount and unamortized issuance costs	$ 54,365	$ 0
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	49,016	46,212
Treasury stock, shares	376	667

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Income Statement [Abstract]
Net sales	$ 2,386,435	$ 2,344,142	$ 2,116,855
Cost of goods sold	1,545,574	1,505,504	1,359,596
Gross profit	840,861	838,638	757,259
Selling, general and administrative expenses	704,436	628,762	571,990
Depreciation and amortization	32,481	25,392	20,374
Asset impairments	10,480
Operating profit	93,464	184,484	164,895
Other income (loss)	(27)	1,340	11,488
Interest and financing charges, net	(15,675)	(6,691)	(7,942)
Income before income taxes	77,762	179,133	168,441
Income tax expense	25,824	64,800	59,450
Net income	51,938	114,333	108,991
Add: Loss attributable to noncontrolling interest			1,370
Income attributable to G-III	$ 51,938	$ 114,333	$ 110,361
Basic:
Net income per common share (in dollars per share)	$ 1.12	$ 2.52	$ 2.55
Weighted average number of shares outstanding (in shares)	46,308	45,328	43,298
Diluted:
Net income per common share (in dollars per share)	$ 1.10	$ 2.46	$ 2.48
Weighted average number of shares outstanding (in shares)	47,394	46,512	44,424
Net income attributable to G-III	$ 51,938	$ 114,333	$ 110,361
Other comprehensive income (loss):
Foreign currency translation adjustments	(4,033)	(13,584)	(16,270)
Other comprehensive income (loss)	(4,033)	(13,584)	(16,270)
Comprehensive income	$ 47,905	$ 100,749	$ 94,091

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, 2014	$ 209	$ 184,852	$ 6,165	$ 335,786	$ (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	328,885	(10,105)	446,147	(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	353,750	(23,689)	560,480	(2,643)	888,127
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Equity awards exercised/vested, net	(2)	(892)			1,153	259
Adjustments related to tax withholding for share-based compensation		(6,956)				(6,956)
Shares issued to LVMH in connection with the DKI Acquisition	26	74,974				75,000
Amortization of share-based compensation		16,901				16,901
Effect of exchange rate changes			(4,033)			(4,033)
Net income attributable to G-III				51,938		51,938
Balance at Jan. 31, 2017	$ 253	$ 437,777	$ (27,722)	$ 612,418	$ (1,490)	$ 1,021,236

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Cash flows from operating activities
Net income	$ 51,938	$ 114,333	$ 108,991
Adjustments to reconcile net income to net cash provided by operating activities, net of assets and liabilities acquired:
Depreciation and amortization	32,481	25,392	20,374
Asset impairments	10,480
Gain on repurchase of unsecured promissory notes			(1,893)
Change in contingent purchase price payable		(899)	(4,186)
Gain on the sale of joint venture interest			(1,908)
Equity based compensation	16,901	15,576	12,224
Deferred financing charges	5,157	845	895
Deferred income taxes	(7,319)	3,590	863
Loss on disposal of fixed assets	3,201	625	275
Equity loss (gain)on investment	27	(272)
Changes in operating assets and liabilities:
Accounts receivable, net	(29,310)	(23,616)	(37,568)
Inventories, net	12,633	(59,908)	(69,765)
Income taxes, net	14,233	(16,833)	289
Prepaid expenses and other current assets	(6,300)	725	(2,563)
Other assets, net	(10,863)	(97)	(1,494)
Accounts payable, accrued expenses and other liabilities	12,436	14,835	64,105
Net cash provided by operating activities	105,695	74,296	88,639
Cash flows from investing activities
Investment in unconsolidated affiliate	(35,432)	(25,490)
Acquisition, net of cash acquired	(465,403)
Proceeds from sale of interest in joint venture, net			2,695
Proceeds from sale of a retail store			516
Capital expenditures	(24,928)	(42,172)	(42,566)
Net cash used in investing activities	(525,763)	(67,662)	(39,355)
Cash flows from financing activities
Proceeds from sale of common stock, net			128,686
Proceeds from term loan, net	283,204
Proceeds from borrowings new revolving credit facility, net	111,466
Repayment of borrowings old revolving credit facility	(20,344)		(48,039)
Repurchase of unsecured promissory notes			(17,721)
Noncontrolling interest investment, net
Proceeds from exercise of equity awards	260	417	729
Taxes paid for net share settlement	(6,955)		(4,316)
Net cash provided by financing activities	367,631	417	59,339
Foreign currency translation adjustments	(193)	(2,818)	(2,360)
Net increase (decrease) in cash and cash equivalents	(52,630)	4,233	106,263
Cash and cash equivalents at beginning of year	132,587	128,354	22,091
Cash and cash equivalents at end of year	79,957	132,587	128,354
Cash paid during the year for:
Interest	21,773	5,544	7,048
Income taxes	18,915	$ 68,067	$ 51,630
Non-cash investing and financing activities:
Shares of common stock issued to LVMH in connection with the acquisition of DKI	75,000
Note issued to LVMH in connection with the acquisition of DKI	$ 125,000

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jan. 31, 2017
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 women’s handbags, footwear, small leather goods, cold weather accessories and luggage. The Company also operates retail stores. The Company consolidates the accounts of all its wholly-owned and majority-owned subsidiaries. KL North America BV (“KLNA”) is a Dutch limited liability company which is a joint venture that is 49% owned by the Company. Kingdom Holdings 1 B.V. (“KH1”) is a Dutch limited liability company that is 19% owned by the Company. These investments are accounted for using the equity method of accounting. All material intercompany balances and transactions have been eliminated. Vilebrequin International SA (“Vilebrequin”), a Swiss corporation, which is wholly-owned by the Company, KH1 and 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, KH1 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, 2017, the results of Vilebrequin, KH1 and KLNA are included for the year ended December 31, 2016. Certain reclassifications have been made to the Condensed Consolidated Statements of Cash Flows as a result of the Company’s electing to apply the amendments related to the presentation of excess tax benefits on the statement of cash flows using a retrospective transition method as prescribed by Accounting Standard Update (“ASU”) 2016-09. This change resulted in a $10.1 and a 7.0 million decrease in net cash used in operating activities and a corresponding decrease in net cash provided by financing activities in the accompanying Condensed Consolidated Statement of Cash Flows for the period ended January 31, 2016 and 2015 respectively, compared to the amounts previously reported. 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 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. G.H. Bass and Wilsons inventories are valued at the lower of cost or market as determined by the retail inventory method. DKI and 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 17 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 carrying amounts of the assets. 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. In fiscal 2017, the Company recorded a $10.5 million impairment charge with respect to leasehold improvements and furniture and fixtures at certain of our Wilsons and G.H. Bass stores as a result of the performance in these stores. 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 384,000, 165,000 and 160,000 shares for the years ended January 31, 2017, 2016 and 2015, 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 194,618, 270,630 and 620,036 shares of common stock in connection with the exercise or vesting of equity awards during the years ended January 31, 2017, 2016 and 2015, respectively. In addition, the Company re-issued 291,181 and 317,143 treasury shares in connection with the vesting of equity awards in fiscal 2017 and fiscal 2016, respectively. The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share: Year Ended January 31 2017 2016 2015 (In thousands, except per share amounts) Net income attributable to G-III $ 51,938 $ 114,333 $ 110,361 Basic net income per share: Basic common shares 46,308 45,328 43,298 Basic net income per share $ 1.12 $ 2.52 $ 2.55 Diluted net income per share: Basic common shares 46,308 45,328 43,298 Stock options and restricted stock awards 1,086 1,184 1,126 Diluted common shares 47,394 46,512 44,424 Diluted net income per share $ 1.10 $ 2.46 $ 2.48 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 stock unit awards generally vest over a three to five year period and certain awards also include market price performance 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 other performance conditions that require the achievement of an operating performance target. All awards are expensed on a straight line basis other than awards with market price performance and/or operating 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. On February 1, 2016, the Company adopted Accounting Standard Update 2016-09. The new guidance prescribes that excess tax benefits arising from the lapse or exercise of an equity award are no longer recognized in additional paid in capital. The assumed proceeds from applying the treasury stock method when computing net income per share is amended to exclude the amount of excess tax benefits that would be recognized in additional paid in capital. This change in accounting results in approximately 207,000 additional diluted common shares being included in the diluted net income per share calculation for the year ended January 31, 2017. 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. 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 $89.5 million, $73.1 million and $62.4 million for the years ended January 31, 2017, 2016 and 2015, 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 $9.6 million, $9.9 million and $8.4 million for the years ended January 31, 2017, 2016 and 2015, 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 $89.5 million, $81.9 million and $71.5 million for the years ended January 31, 2017, 2016 and 2015, respectively. Prepaid advertising, which represents advance payments to licensors for minimum guaranteed payments for advertising under the Company’s licensing agreements, was $7.8 million and $7.2 million at January 31, 2017 and 2016, 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 2% note issued to LVMH in connection with the acquisition of Donna Karan International Inc. was issued at a discount of  $40.0 million in accordance with ASC 820 — Fair Value Measurements. The fair value of this promissory note would be considered a Level 3 valuation in the fair value hierarchy. 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. 17. Derivatives The Company, in its normal course of business, has exposure to changes in foreign currency exchange rates related to certain anticipated cash flows principally associated with sales to international customers. The Company uses derivative financial instruments in the form of foreign currency forward contracts to manage this exposure. The Company’s derivatives are not designated as hedging instruments and are accounted for as economic hedges. Derivatives are recognized gross as either assets or liabilities in the Consolidated Balance Sheets and are measured at fair value. Changes in fair value of derivatives not designated as accounting hedges are presented in net revenue along with the corresponding foreign exchange gains and losses related to the items being hedged within the Consolidated Statements of Operations and Comprehensive Income. The Company classifies the payments and/or proceeds from the maturity of these derivatives within cash flows from operating activities within the Consolidated Statements of Cash Flows. The Company does not enter into derivative financial instruments for speculative or trading purposes. As of January 31, 2017 all of the Company’s derivatives mature within one year. 18. 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. 19. Effects of Recently Issued Accounting Pronouncements Recently Adopted Accounting Guidance In March 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-09, “Compensation —  Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” ASU 2016-09 simplifies various aspects related to share-based payments. The Company elected to early-adopt ASU 2016-09 with an effective date of February 1, 2016. Under previous guidance, excess tax benefits and deficiencies from stock-based compensation arrangements were recorded in equity when the awards vested or were settled. ASU 2016-09 requires prospective recognition of excess tax benefits and deficiencies in the income statement, resulting in the recognition of excess tax benefits of approximately $3.1 million in income tax expense, or $0.07 per diluted share, rather than in paid-in capital, for the year ended January 31, 2017 (“fiscal 2017”). The Company has elected to account for forfeitures as they occur. 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. The Company elected to early adopt ASU 2015-17 for the period ended January 31, 2017. The Company chose to apply the guidance prospectively and prior periods were not retrospectively adjusted. In August 2014, the FASB issued ASU 2014-15, “Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern,” which provides guidance on determining when and how reporting entities must disclose going-concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date of issuance of the entity’s financial statements. Further, an entity must provide certain disclosures if there is “substantial doubt about the entity’s ability to continue as a going concern.” The new guidance became effective for the Company on the fiscal years ended January 31, 2017 and interim periods thereafter. The adoption did not have an impact on the Company’s consolidated financial statements. Accounting Guidance Issued Being Evaluated for Adoption In January 2017, the FASB issued ASU 2017-04, “Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill by removing the second step of the two-step impairment test. The amendment should be applied on a prospective basis. ASU 2017-04 is effective for fiscal years beginning after December 15, 2019, including interim periods within that year. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect ASU 2017-04 to have an impact on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” The purpose of ASU 2017-01 is to clarify the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The amendments in ASU 2017-01 should be applied prospectively on or after the effective date. Early adoption is permitted. The Company does not expect ASU 2017-01 to have an impact on its consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory.” The update requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset upon transfer other than inventory, eliminating the current recognition exception. Prior to the update, GAAP prohibited the recognition of current and deferred income taxes for intra-entity asset transfers until the asset was sold to an outside party. The amendments in this update do not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public business entities, the amendments in this update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company is currently evaluating the effects of ASU 2016-16 on its financial statements and disclosures. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” which clarifies guidance with respect to the classification of eight specific cash flow issues. ASU 2016-15 was issued to reduce diversity in practice and prevent financial statement restatements. Cash flow issues include; debt prepayment or debt extinguishment costs, settlement of zero-coupon bonds, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies and bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. ASU 2016-15 is effective for public business entities for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Under the provision, entities must apply the guidance retrospectively to all periods presented but may apply it prospectively if retrospective application would be impracticable. The Company is currently evaluating the provisions of ASU 2016-15. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” The guidance clarifies two aspects of Topic 606: (i) identifying performance obligations and (ii) providing licensing implementation guidance, while retaining the related principles for those areas. Topic 606 includes implementation guidance on (a) contracts with customers to transfer goods and services in exchange for consideration and (b) determining whether an entity’s promise to grant a license provides a customer with either a right to use the entity’s intellectual property (which is satisfied at a point in time) or a right to access the entity’s intellectual property (which is satisfied over time). The amendments in this update are intended to render more detailed implementation guidance with the expectation of reducing the degree of judgment necessary to comply with Topic 606. The FASB continues to clarify this guidance and most recently issued ASU 2016-08, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” ASU 2016-12, “Narrow-Scope Improvements and Practical Expedients,” and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.” These new standards have the same effective date as ASU 2014-09 and will be effective for public entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). The Company has not yet determined which method they will utilize with respect to the implementation of the new guidance. The Company has created a committee that is in the process of evaluating the potential differences that would result from applying the requirements of the new standard to its current accounting policies and practices. While the Company continues to evaluate the impact of the new revenue guidance, the Company currently believes, based on a preliminary assessment, that the adoption of Topic 606 will primarily impact net sales of its wholesale operations. However, preliminary assessments are subject to change. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The primary 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 may 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 guidance is effective for public entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the potential impact of ASU 2016-02 on its consolidated financial statements and expects that it will result in a significant increase to its long-term assets and liabilities. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” This standard 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 does not expect that the adoption of this ASU will have a significant impact on its statement of operations. 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 does not expect the adoption of this guidance to have a material impact on its consolidated financial statements.

INVENTORIES

INVENTORIES	12 Months Ended
	Jan. 31, 2017
Inventory Disclosure [Abstract]
INVENTORIES	NOTE B — INVENTORIES Inventories consist of: January 31, 2017 2016 (In thousands) Finished goods $ 483,085 $ 484,805 Raw materials and work-in-process 184 506 $ 483,269 $ 485,311 Inventory held on consignment by third parties totaled $2.8 million at January 31, 2017. No inventory was held on consignment at January 31, 2016. The Company retains the title to its inventory stored at third party facilities.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Jan. 31, 2017
Property Plant And Equipment [Abstract]
PROPERTY AND EQUIPMENT	NOTE C — PROPERTY AND EQUIPMENT Property and equipment consist of: January 31, 2017 2016 (In thousands) Machinery and equipment 5 years $ 1,376 $ 1,820 Leasehold improvements 3 – 13 years 82,658 78,082 Furniture and fixtures 3 – 5 years 79,292 70,899 Computer equipment and software 2 – 3 years 15,907 12,909 179,233 163,710 Less: accumulated depreciation 76,662 60,131 $ 102,571 $ 103,579 The Company had fixed asset write offs of approximately $3.2 million and $618,000, net of accumulated depreciation, for the years ended January 31, 2017 and 2016. Depreciation expense was $29.6 million, $23.0 million and $17.9 million for the years ended January 31, 2017, 2016 and 2015, respectively. For the year ended January 31, 2017, the Company recorded a $10.5 million impairment charge on leasehold improvements and furniture and fixtures of certain of our Wilsons and G.H. Bass stores as a result of the stores’ performance. The Company evaluates long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. In the evaluation process, the Company first compares the carrying value of the asset to the estimated future cash flows (undiscounted and without interest charges - plus proceeds expected from disposition, if any). If the estimated undiscounted cash flows are less than the carrying value of the asset, the Company needs to determine the fair value of the assets. The Company compares the carrying value of the asset to the asset’s estimated fair value. If the fair value is less than the carrying value, the Company recognizes an impairment loss. The carrying amount of the asset is reduced to the estimated fair value based on a discounted cash flow valuation. Assets to be disposed of are reported at the lower of the carrying amount of the asset or fair value less costs to sell. The Company reviews retail store assets for potential impairment based on historical cash flows, lease termination provisions and forecasted future retail store operating results. If the Company recognizes an impairment loss for a depreciable long-lived asset, the adjusted carrying amount of the asset becomes its new cost basis and will be depreciated (amortized) over the remaining useful life of that asset.

ACQUISITIONS AND INTANGIBLES

ACQUISITIONS AND INTANGIBLES	12 Months Ended
	Jan. 31, 2017
Business Combinations [Abstract]
ACQUISITIONS AND INTANGIBLES	NOTE D — ACQUISITIONS AND INTANGIBLES Acquisition of Donna Karan International Inc. On December 1, 2016, G-III acquired all of the outstanding capital stock of Donna Karan International Inc. (“DKI”) from LVMH Moet Hennessy Louis Vuitton Inc. (“LVMH”), pursuant to a Stock Purchase Agreement (the “Purchase Agreement”), dated July 22, 2016, by and between the Company and LVMH, for a total purchase price, including adjustments, of approximately $669.8 million. DKI owns some of the world’s most iconic and recognizable power brands including Donna Karan and DKNY. DKI sells its products through department stores, specialty and online retailers worldwide, as well as through company-owned retail stores and an e-commerce site. The acquisition of DKI strengthens and diversifies the Company’s brand portfolio and offers additional opportunities to expand G-III’s business through the development of the DKNY and Donna Karan brands and product categories. Purchase price consideration The purchase price of  $669.8 million, after taking into account certain adjustments, was paid by a combination of  (i) cash, (ii) 2,608,877 newly issued shares of the Company’s common stock valued at $75.0 million and (iii) a note (the “LVMH Note”) issued to LVMH in the principal amount of  $125.0 million. The cash portion of the purchase price was paid from the proceeds of a term loan facility and revolving credit facility. The purchase price has been revised to include adjustments in accordance with the Purchase Agreement. Please see Note E, “Notes payable and other liabilities” and Note H “Stockholders’ equity” for further discussion of these aspects of the acquisition. The total consideration paid for the acquisition of DKI is as follows (in thousands): Initial Purchase Price $ 650,000 plus: 338(h)(10) tax election adjustment 33,500 plus: aggregate adjustments to purchase price 26,278 Minus: LVMH Note discount (40,000 ) Total consideration $ 669,778 Allocation of the purchase price consideration The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition: (In thousands) Cash and cash equivalents $ 44,375 Accounts receivable 13,235 Inventories 10,933 Prepaid expenses & other current assets 19,533 Property, plant and equipment 15,760 Goodwill 220,649 Tradenames 370,000 Other intangibles 40,000 Other long-term assets 2,703 Total assets acquired 737,188 Accounts payable (21,436 ) Accrued expense (38,900 ) Income taxes payable (3,443 ) Other long-term liabilities (3,631 ) Total liabilities assumed (67,410 ) Total fair value of acquisition consideration (net of  $40 million imputed debt discount) $ 669,778 The Company recognized goodwill of approximately $220.6 million in connection with the acquisition of DKI. The goodwill was assigned to the Company’s wholesale operations reporting unit as the wholesale operations reporting unit is expected to benefit from the synergies of the combination and from the future growth of DKI. Subsequent to the acquisition, DKI’s wholesale operations were fully integrated into G-III’s credit and collection platform and both entities are expected to share several processes in the short term such as IT, finance, logistics, human resources, sourcing and overseas quality control. The Purchase Agreement included an option to make an election under Internal Revenue Code Section 338(h)(10). Accordingly, the book and tax basis of the acquired assets and liabilities are the same as of the purchase date and the goodwill is deductible for tax purposes over a 15 year period. The fair values assigned to identifiable intangible assets acquired were based on assumptions and estimates made by management using unobservable inputs reflecting the Company’s own assumptions about the inputs that market participants would use in pricing the asset or liability based on the best information available. The fair values of these identifiable intangible assets were determined using the discounted cash flow method and the Company classifies these intangibles as Level 3 fair value measurements. The Company recorded other intangible assets of  $410.0 million, which included customer relationships of  $40.0 million (17 year life), as well as tradenames of  $370.0 million, which have an indefinite life. The Company recognized approximately $7.8 million of acquisition related costs that were expensed in fiscal 2017. These acquisition and integration costs are included in “selling, general and administrative expenses” in the Consolidated Statements of Income and Comprehensive Income for the year ended January 31, 2017. The estimates of fair value of assets acquired and liabilities assumed are preliminary and subject to change based on completion of certain working capital adjustments and the tax implications of our purchase price allocation. The purchase price allocation for acquired companies can be modified for up to one year from the date of acquisition. The following table represents the reconciliation of the cash paid for the acquisition of DKI with the fair value of the acquisition consideration (in thousands): Purchase price $ 669,778 Minus cash acquired and non-cash consideration Cash acquired (44,375 ) Note issued to LVMH, net of discount (85,000 ) Common Stock issued to LVMH (75,000 ) Cash disbursed for the acquisition of DKI $ (465,403 ) The amount of net sales and operating losses of DKI since the acquisition date included in the consolidated statements of income for the reporting period represented $29.5 million and a loss of  $13.1 million, respectively. The following table reflects the unaudited pro forma consolidated results of operations for the periods presented, as though the acquisition of DKI had occurred on February 1, 2015. Year Ended January 31, 2017 (1) 2016 (unaudited, in thousands) Net sales $ 2,601,181 $ 2,840,741 Net income 7,000 61,089 Earnings per share: Basic $ 0.14 $ 1.26 Diluted 0.14 1.23 (1) Includes nonrecurring pro forma adjustments directly attributable to the business combination consisting of the reversal of  $7.8 million of professional fees and the reversal of severance expenses of $3.9 million. The pro forma adjustments are based upon available information and certain assumptions that we consider reasonable. The unaudited pro forma condensed combined financial data is based on preliminary estimates and assumptions set forth in the accompanying notes. Pro forma adjustments are necessary to (i) reflect the changes in depreciation and amortization expense resulting from fair value adjustments to intangible assets, to (ii) reflect interest expense due to incremental borrowings to fund the Acquisition, to (iii) reflect the taxation of G-III’s and DKI’s combined income as a result of the acquisition, as well as the tax effects related to such pro forma adjustments, (iv) adjust for accounting policy changes to conform to G-III’s presentation and to (v) reflect shares issued as part of the purchase price for the acquisition. The pro forma results do not include any realized or anticipated cost synergies or other effects of the integration of DKI. Accordingly, such pro forma amounts are not indicative of the results that actually would have occurred had the acquisition been completed on February 1, 2015, nor are they indicative of the future operating results of the combined company. Intangible assets balances Intangible assets consist of: ​ ​ ​ ​ ​ ​ January 31, ​ ​ ​ ​ Estimated Life ​ ​ 2017 ​ ​ 2016 ​ ​ ​ ​ ​ ​ ​ (In thousands) ​ Gross carrying amounts ​ ​ ​ ​ Licenses ​ ​ 14 years​ ​ ​ ​ $ 18,846 ​ ​ ​ ​ $ 19,074 ​ ​ Trademarks ​ ​ 8 – 12 years​ ​ ​ ​ ​ 2,194 ​ ​ ​ ​ ​ 2,194 ​ ​ Customer relationships ​ ​ 8 – 17 years​ ​ ​ ​ ​ 48,071 ​ ​ ​ ​ ​ 8,163 ​ ​ Other ​ ​ 3 – 10 years​ ​ ​ ​ ​ 4,387 ​ ​ ​ ​ ​ 4,975 ​ ​ Subtotal ​ ​ ​ ​ ​ ​ ​ 73,498 ​ ​ ​ ​ ​ 34,406 ​ ​ Accumulated amortization ​ ​ ​ ​ ​ ​ ​ (24,921 ) ​ ​ ​ ​ ​ (23,540 ) ​ ​ ​ ​ ​ ​ ​ ​ ​ 48,577 ​ ​ ​ ​ ​ 10,866 ​ ​ Unamortized intangible assets ​ ​ ​ ​ Goodwill ​ ​ ​ ​ ​ ​ ​ 269,262 ​ ​ ​ ​ ​ 49,437 ​ ​ Trademarks ​ ​ ​ ​ ​ ​ ​ 435,395 ​ ​ ​ ​ ​ 67,200 ​ ​ Subtotal ​ ​ ​ ​ ​ ​ ​ 704,657 ​ ​ ​ ​ ​ 116,637 ​ ​ Total intangible assets, net ​ ​ ​ ​ ​ ​ $ 753,234 ​ ​ ​ ​ $ 127,503 Changes in the amounts of our goodwill for each of the years ended January 31, 2017 and 2016 are summarized by reportable segment as follows (in thousands): Wholesale Retail Total January 31, 2015 $ 51,414 $ 716 $ 52,130 Currency translation (2,693 ) — (2,693 ) January 31, 2016 48,721 716 49,437 Acquisition 220,649 — 220,649 Currency translation (824 ) — (824 ) January 31, 2017 $ 268,546 $ 716 $ 269,262 Amortization expense with respect to intangibles amounted to approximately $2.5 million, $1.9 million and $2.0 million for the years ended January 31, 2017, 2016 and 2015, respectively. The estimated amortization expense with respect to intangibles for the next five years is as follows: Year Ending January 31, Amortization Expense (In thousands) 2018 $ 4,329 2019 3,967 2020 3,828 2021 3,286 2022 3,076 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.

NOTES PAYABLE AND OTHER LIABILI

NOTES PAYABLE AND OTHER LIABILITIES	12 Months Ended
	Jan. 31, 2017
Debt Disclosure [Abstract]
NOTES PAYABLE AND OTHER LIABILITIES	NOTE E — NOTES PAYABLE AND OTHER LIABILITIES Long term debt consists of the following: January 31, 2017 January 31, 2016 (in thousands) Term loan $ 300,000 $ — New revolving credit facility 91,121 — Note issued to LVMH 125,000 — Subtotal 516,121 — Less: Net debt issuance costs and debt discount (54,365 ) — Total $ 461,756 $ — Term Loan In connection with the acquisition of DKI, the Company borrowed $350.0 million under a senior secured term loan facility (the “Term Loan”). The Term Loan will mature in December 2022. The Term Loan is subject to amortization payments of 0.625% of the original aggregate principal amount of the Term Loan per quarter, with the balance due at maturity. On December 1, 2016, the Company prepaid $50.0 million in principal amount of the Term Loan. This prepayment relieves G-III of its obligation to make quarterly amortization payments for the remainder of the term. Interest on the outstanding principal amount of the Term Loan accrues at a rate equal to LIBOR, subject to a 1% floor, plus an applicable margin of 5.25% or an alternate base rate (defined as the greatest of  (i) the “prime rate” as published by the Wall Street Journal from time to time, (ii) the federal funds rate plus 0.5% or (iii) the LIBOR rate for a borrowing with an interest period of one month) plus 4.25%, per annum, payable in cash. The Term Loan is secured (i) on a first-priority basis by a lien on the Company’s real estate assets, equipment and fixtures, equity interests and intellectual property and certain related rights owned by the Company and by certain of the Company’s subsidiaries and (ii) by a second-priority security interest in other assets of the Company and certain of its subsidiaries, which secure on a first-priority basis the Company’s asset-based loan facility described below under the caption “New Revolving Credit Facility”. The term loan contains covenants that restrict the Company’s ability to among other things, incur additional debt, sell or dispose certain assets, make certain investments, incur liens and enter into acquisitions. This loan also includes a mandatory prepayment provision on excess cash flow as defined within the agreement. A first lien leverage covenant requires the Company to maintain a level of debt to EBITDA at a ratio as defined over the term of the agreement. As of January 31, 2017 the Company was in compliance with this covenant. The Term Loan may be prepaid, at the option of the Company, in whole or in part, at any time at par plus accrued interest, and, in the case of prepayments from the proceeds of certain refinancings prior to December 1, 2017, subject to a 1% prepayment fee. The Term Loan is required to be prepaid with the proceeds of certain asset sales if such proceeds are not applied as required by the Term Loan Credit Agreement within certain specified deadlines. The Term Loan is also required to be prepaid in an amount equal to 75% of the “Excess Cash Flow” (as defined in the Term Loan Credit Agreement) of the Company with respect to each fiscal year ending on or after January 31, 2018. The percentage of Excess Cash Flow that must be so applied is reduced to 50% if the Company’s senior secured leverage ratio is less than 3.00 to 1.00, to 25% if the Company’s senior secured leverage ratio is less than 2.75 to 1.00 and to 0% if the Company’s senior secured leverage ratio is less than 2.25 to 1.00. The Company also incurred debt issuance costs totaling $18.3 million related to the Term Loan, of which $2.6 million have been expensed in connection with the $50 million prepayment. In accordance with ASU 2015-15, the debt issuance costs have been deferred and are presented as a contra-liability, offsetting the outstanding balance of the term loan, and are amortized using the effective interest method over the remaining life of the Term Loan. The weighted average interest rate for amounts borrowed under the Term Loan was 6.25% for the two month period ended January 31, 2017. A 0.25% change in the interest rates applied to the Term Loan would change annual interest expense under the Term Loan by approximately $750,000. New Revolving Credit Facility Upon closing of the acquisition of DKI, the Company’s previous credit agreement (the “old revolving credit facility”) was refinanced and replaced by a $650 million amended and restated credit agreement (the “new revolving credit facility”). Amounts available under the new revolving credit facility are subject to borrowing base formulas and over advances as specified in the new revolving credit facility agreement. Borrowings bear interest, at the Company’s option, at LIBOR plus a margin of 1.25% to 1.75% or an alternate base rate (defined as the greatest of  (i) the “prime rate” of JPMorgan Chase Bank, N.A. from time to time, (ii) the federal funds rate plus 0.5% or (iii) the LIBOR rate for a borrowing with an interest period of one month) plus a margin of 0.25% to 0.75%, with the applicable margin determined based on the availability under the new revolving credit facility agreement. The new revolving credit facility has a five year term ending December 1, 2021. In addition to paying interest on any outstanding borrowings under the new revolving credit facility, the Company is required to pay a commitment fee to the lenders under the credit agreement with respect to the unutilized commitments. The commitment fee shall accrue at a rate equal to 0.25% per annum on the average daily amount of the available commitment. The Company also incurred debt issuance costs totaling $12.4 million related to the new revolving credit facility. As permitted under ASU 2015-15, the debt issuance costs have been deferred and are presented as an asset which is subsequently amortized ratably over the term of the new revolving credit facility. The new revolving credit facility is secured by specified assets of the Company and certain of its subsidiaries. The new revolving credit facility contains a number of covenants that, among other things, restrict the Company’s ability, subject to specified exceptions, to incur additional debt; incur liens; sell or dispose of assets; merge with other companies; liquidate or dissolve itself; acquire other companies; make loans, advances, or guarantees; and make certain investments. In certain circumstances, the new revolving credit facility also requires G-III to maintain a minimum fixed charge coverage ratio, as defined, that should not exceed 1.00 to 1.00 for each period of twelve consecutive fiscal months of holdings. As of January 31, 2017, the Company was in compliance with these covenants. As of January 31, 2017, interest under the ABL Credit Agreement was being charged at the average rate of 3.19% per annum. The new revolving credit facility also includes amounts available for letters of credit. As of January 31, 2017, the Company had $91.1 million of borrowings outstanding under the new revolving credit facility all of which is classified as long term liability. As of January 31, 2017, there were outstanding trade and standby letters of credit amounting to $10.4 million and $2.4 million, respectively. LVMH Note As a portion of the consideration for the acquisition of DKI, the Company issued to LVMH a junior lien secured promissory note in the principal amount of  $125.0 million (the “LVMH Note”) that bears interest at the rate of 2% per year. $75.0 million of the principal amount of the LVMH Note is due and payable on June 1, 2023 and $50.0 million of such principal amount is due and payable on December 1, 2023. In connection with the issuance of the LVMH Note, LVMH entered into (i) a subordination agreement with Barclays Bank PLC, as administrative agent for the lenders party to the Term Loan and collateral agent for the Senior Secured Parties thereunder and JPMorgan Chase Bank, N.A., as administrative agent for the lenders and other Senior Secured Parties under the new revolving credit facility, providing that the Company’s obligations under the LVMH Note are subordinate and junior to the Company’s obligations under the new revolving credit facility and the Term Loan, and (ii) a pledge and security agreement with the Company and its subsidiary, G-III Leather Fashions, Inc., pursuant to which The Company and G-III Leather granted to LVMH a security interest in specified collateral to secure the Company’s payment and performance of the Company’s obligations under the LVMH Note that is subordinate and junior to the security interest granted by the Company with respect to the Company’s obligations under the new revolving credit facility agreement and Term Loan. The LVMH Note was issued at a discount of  $40.0 million in accordance with ASC 820 — Fair Value Measurements. The imputed discount is being amortized as interest expense using the effective interest method over the term of the LVMH Note. Old Revolving Credit Facility Prior to the acquisition of DKI, the old revolving credit facility consisted of a five-year senior secured credit facility providing for borrowings in the aggregate principal amount of up to $450 million through August 2017. Amounts available under the previous credit agreement were subject to borrowing base formulas and other advances as specified in that credit agreement. Borrowings bore 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 previous credit agreement. The previous credit agreement was 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 old revolving credit facility was 2.1% for the period starting February 2, 2016 and ending November 30, 2016, when the old revolving credit facility was replaced by the new revolving credit facility. The weighted average interest rate for amounts borrowed under the old revolving credit facility was 2.1% for the year ended January 31, 2016. Future Debt Maturities As of January 31, 2017, the Company’s mandatory debt repayments mature in the year ending January 31, 2022 or thereafter. Year Ending January 31, (In millions) 2018 $ — 2019 — 2020 — 2021 91,121 2022 and thereafter $ 425,000

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jan. 31, 2017
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE F — INCOME TAXES The income tax provision is comprised of the following: Year Ended January 31, 2017 2016 2015 (In thousands) Current Federal $ 22,925 $ 47,585 $ 46,989 State and city 4,034 5,910 5,978 Foreign 6,150 7,768 5,688 33,109 61,263 58,655 Deferred Federal (4,776 ) 3,458 1,422 State and city (2,807 ) 535 (67 ) Foreign 298 (456 ) (560 ) (7,285 ) 3,537 795 Income tax expense $ 25,824 $ 64,800 $ 59,450 Income before income taxes United States $ 55,363 $ 149,578 $ 133,709 Non-United States 22,399 29,555 34,732 $ 77,762 $ 179,133 $ 168,441 The significant components of the Company’s net deferred tax asset at January 31, 2017 and 2016 are summarized as follows: 2017 2016 (In thousands) Deferred tax assets Compensation $ 10,323 $ 13,045 Straight-line lease 4,279 3,713 Provision for bad debts and sales allowances 11,919 11,180 Supplemental employee retirement plan 519 378 Inventory write-downs 10,163 3,581 Net operating loss 2,274 1,637 Other 2,343 1,812 Total deferred tax assets 41,820 35,346 Deferred tax liabilities Depreciation and amortization (14,724 ) (15,981 ) Intangibles (21,347 ) (21,772 ) Prepaid expenses and other (3,383 ) (3,362 ) Other (817 ) (507 ) Total deferred tax liabilities (40,271 ) (41,622 ) Net deferred tax assets (liability) $ 1,549 $ (6,276 ) As of January 31, 2017 and 2016, intangible deferred tax liabilities of   $13.8 million and $14.3 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: 2017 2016 2015 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 1.0 2.4 2.3 Permanent differences resulting in Federal taxable income 9.6 3.6 2.9 Foreign tax rate differential (1.7 ) (1.4 ) 0.1 ASC 718 Adoption (3.8 ) — — Foreign tax credit (6.5 ) (3.1 ) (6.5 ) Other, net (0.4 ) (0.3 ) 1.5 Actual provision for income taxes 33.2 % 36.2 % 35.3 % Undistributed earnings of the Company’s foreign subsidiaries amounted to approximately $32 million at January 31, 2017. 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. Unrecognized Tax Benefits A reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties) is as follows: 2017 2016 2015 Balance at February 1, 1,094 1,094 1,094 Additions based on tax positions related to the current year 0 0 0 Additions for tax positions of prior years 0 0 0 Reductions for tax positions of prior years 0 0 0 Settlements 0 0 0 Lapses of statutes of limitations 0 0 0 Balance at January 31, 1,094 1,094 1,094 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, 2017, there was an increase in the unrecognized tax position reserve of approximately $125,000 for the current year accrual of interest and penalties on existing uncertain income tax positions reserves. The Company’s policy on classification is to include interest in “interest and financing charges” and penalties in “selling, general and administrative expense” in the accompanying Consolidated Statements of 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. 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. Of the major jurisdictions, the Company and its subsidiaries are subject to examination in the United States and various foreign jurisdictions for fiscal year 2013 and forward. It is currently under audit examination by New Jersey and Belgium for fiscal year 2010 and forward. We believe that it is reasonably possible that the total amount of unrecognized tax benefits of  $1.6 million (inclusive of tax, interest and penalties) will not change during the next twelve months due to the applicable statutes of limitations.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Jan. 31, 2017
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, 2017: Year Ending January 31, Amount (In thousands) 2018 $ 95,882 2019 93,359 2020 86,243 2021 76,336 2022 63,379 Thereafter 163,799 $ 578,998 Rent expense on the above operating leases for the years ended January 31, 2017, 2016 and 2015 was approximately $84.7 million, $75.6 million and $72.6 million, respectively. License Agreements The Company has entered into license agreements that provide for royalty payments ranging from 4% to 20% of net sales of licensed products. The Company incurred royalty expense (included in cost of goods sold) of approximately $139.0 million, $123.7 million and $109.6 million for the years ended January 31, 2017, 2016 and 2015, 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 $39.2 million, $36.1 million and $32.1 million for the years ended January 31, 2017, 2016 and 2015, 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) 2018 $ 143,531 2019 105,884 2020 100,540 2021 83,287 2022 188,095 Thereafter 185,295 $ 806,632 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 the Company, it does not believe that any currently pending legal proceeding or proceedings to which it is a party will have a material adverse effect on its business, financial condition or results of operations.

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	Jan. 31, 2017
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 were 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 or fiscal 2017. Long-Term Incentive Stock Plan As of January 31, 2017, the Company had 1,504,807 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 stock price and operating performance conditions, including a performance condition based on achievement of a specified stock price and, in certain cases, a condition based on an operating 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, 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 Granted 630,642 $ 25.82 Vested (678,164 ) $ 22.43 Canceled (2,500 ) $ 17.95 Unvested as of January 31, 2017 1,998,861 $ 31.70 For restricted stock units with stock price performance conditions, the Company estimates the grant date fair value using a lattice model. For restricted stock units with operating performance 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 performance conditions, grant date fair value is based on the market price on the date of grant. The Company recognized $16.8 million, $15.6 million and $11.6 million in compensation expense for the years ended January 31, 2017, 2016 and 2015, respectively, related to restricted stock unit grants. At January 31, 2017, 2016 and 2015, unrecognized costs related to the restricted stock units totaled approximately $40.7 million, $42.0 million and $32.2 million, respectively. Stock Options Information regarding all stock options for fiscal 2017, 2016 and 2015 is as follows: 2017 2016 2015 Shares Weighted Shares Weighted Shares Weighted Stock options outstanding at beginning of year 331,651 $ 10.59 469,176 $ 11.16 536,976 $ 11.11 Exercised (20,520 ) $ 12.65 (37,525 ) $ 11.11 (67,800 ) $ 10.76 Granted — $ — — $ — — $ — Cancelled or forfeited (60,000 ) $ 15.87 (100,000 ) $ 13.08 — $ — Stock options outstanding at end of year 251,131 $ 9.16 331,651 $ 10.59 469,176 $ 11.16 Exercisable 251,131 $ 9.16 253,151 $ 9.07 250,176 $ 8.63 The following table summarizes information about stock options outstanding: Range of Exercise Prices Number 2017 Weighted Contractual Life Weighted Price Number 2017 Weighted Price $0.00 – $8.00 113,800 1.24 $ 6.61 113,800 $ 6.61 $8.01 – $12.00 84,265 0.60 $ 9.23 84,265 $ 9.23 $12.01 – $16.00 36,400 4.08 $ 12.98 36,400 $ 12.98 $16.01 – $40.00 16,666 5.19 $ 17.85 16,666 $ 17.85 251,131 251,131 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, 2017, January 31, 2016 and January 31, 2015. The Company is required to recognize stock-based compensation based on the number of awards that are ultimately expected to vest. In connection with the adoption of ASU 2016-09, the Company has elected to account for forfeitures as they occur. The weighted average remaining term for stock options outstanding was 1.70 years at January 31, 2017. The aggregate intrinsic value at January 31, 2017 was $4.3 million for stock options outstanding and 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, 2017, the reporting date. Proceeds received from the exercise of stock options were approximately $260,000 and $417,000 during the years ended January 31, 2017 and 2016, respectively. The intrinsic value of stock options exercised was $936,000 and $1.7 million for the years ended January 31, 2017 and 2016, respectively. A portion of this amount is currently deductible for tax purposes. The Company recognized approximately $126,000 in compensation expense for the year ended January 31, 2017, $153,000 for the year ended January 31, 2016 and $541,000 for the year ended January 31, 2015, related to equity option award grants. As of January 31, 2017, there is no unamortized option compensation expense to be recorded. No options were granted during the fiscal years ended January 31, 2017, 2016 and 2015.

MAJOR CUSTOMERS

MAJOR CUSTOMERS	12 Months Ended
	Jan. 31, 2017
Risks and Uncertainties [Abstract]
MAJOR CUSTOMERS	NOTE I — MAJOR CUSTOMERS One customer in the wholesale operations segment accounted for approximately 21.8%, 20.8% and 18.7% of the Company’s net sales for the years ended January 31, 2017, 2016 and 2015, respectively.

EMPLOYEE BENEFIT PLANS

EMPLOYEE BENEFIT PLANS	12 Months Ended
	Jan. 31, 2017
Compensation And Retirement Disclosure [Abstract]
EMPLOYEE BENEFIT PLANS	NOTE J — EMPLOYEE BENEFIT PLANS The Company maintains a 401(k) plan (the “GIII Plan”) and trust for non-union employees. The Plan provides for a Safe Harbor (non-discretionary) matching contribution of 100% of the first 3% of the participant’s contributed pay plus 50% of the next 2% of the participant’s contributed pay. The Company made matching contributions of approximately $2.9 million, $2.3 million and $2.0 million for the years ended January 31, 2017, 2016 and 2015, respectively. DKI maintains a 401(k) plan and trust for U.S. based non-union employees. The Company matched 50% of the first 7% of the participant’s contributed pay for a maximum amount of 3.5% of a participant’s eligible compensation. The Company made matching contributions of approximately $52,000 for the month of December 2016. In January 2017, all DKI employees became employees of the Company and were able to participate in the GIII Plan. The Company anticipates merging the two plans during fiscal 2018.

SEGMENTS

SEGMENTS	12 Months Ended
	Jan. 31, 2017
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. 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. Wholesale sales and revenues from license agreements related to the Donna Karan and DKNY business are included in the wholesale operations segment. The retail operations segment consists primarily of the Wilsons Leather, G.H. Bass and DKNY stores, as well as a limited number of Calvin Klein Performance and Karl Lagerfeld Paris stores. The following information, in thousands, is presented for the fiscal years ended: January 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 2,014,386 $ 474,217 $ (102,168 ) $ 2,386,435 Cost of goods sold 1,382,162 267,427 (104,015 ) 1,545,574 Gross profit 632,224 206,790 1,847 840,861 Selling, general and administrative 457,785 246,651 — 704,436 Depreciation and amortization 21,483 10,998 — 32,481 Asset impairments 10,480 — 10,480 Operating profit (loss) $ 152,956 $ (61,339 ) $ 1,847 $ 93,464 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 (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 2017 2016 (In thousands) Wholesale $ 1,477,259 $ 763,353 Retail 228,352 210,118 Corporate 146,333 210,599 Total Assets $ 1,851,944 $ 1,184,070 The total revenues and long lived assets by geographic region are as follows: 2017 2016 2015 Geographic Region Revenues Long-Lived Assets Revenues Long-Lived Assets Revenues Long-Lived Assets (In thousands) United States $ 2,180,409 $ 790,341 $ 2,157,889 $ 150,949 $ 1,956,589 $ 132,822 Non-United States 206,026 178,665 186,253 130,681 160,266 115,030 $ 2,386,435 $ 969,006 $ 2,344,142 $ 281,630 $ 2,116,855 $ 247,852 Capital expenditures for locations outside of the United States totaled $4.6 million in the fiscal year ended January 31, 2017, $4.5 million in the fiscal year ended January 31, 2016, and $6.4 million in the fiscal year ended January 31, 2015.

OTHER INCOME

OTHER INCOME	12 Months Ended
	Jan. 31, 2017
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
	Jan. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
EQUITY INVESTMENT	NOTE M — EQUITY INVESTMENT Investment in Kingdom Holding 1 (“KH1”) In February 2016, the Company acquired a 19% minority interest in KH1, the parent company of the group that holds the worldwide rights to the Karl Lagerfeld brand. The Company paid 32.5€ million (approximately $35.4 million at the date of the transaction). This investment is intended to expand the partnership between the Company and the Karl Lagerfeld brand and extend their business development opportunities on a global scale. The investment in KH1, which is being accounted for under the equity method of accounting, is reflected in Investment in Unconsolidated Affiliates on the Condensed Consolidated Balance Sheets at January 31, 2017. Investment in Karl Lagerfeld North America (“KLNA”) In June 2015, 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, Canada and Mexico. The Company accounts for its investment in KLNA using the equity method of accounting.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Jan. 31, 2017
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE N — RELATED PARTY TRANSACTIONS Transactions with LVMH On December 1, 2016, in connection with the acquisition of DKI, the Company issued approximately 2.6 million shares of G-III’s common stock to LVMH equal to $75 million. LVHM’s holdings represent 5.4% of the Company’s outstanding common stock. LVMH is considered a related party as a result of its’ beneficial ownership being greater than 5%, On December 1, 2016, LVMH issued a junior lien secured promissory note in the principal amount of $125.0 million in connection with the acquisition of DKI that bears interest at the rate of 2% per annum. The Company paid interest in the amount of  $212,000 to LVHM in fiscal 2017 and has a $212,000 interest payable balance as of January 31, 2017. The Company also has a balance due from LVMH in the amount of $7.3 million as a result of a working capital adjustment pursuant to the purchase agreement. This amount is included in prepaid expenses and other current assets in the accompanying Balance Sheet at January 31, 2017 and has been paid by LVMH in March 2017. In connection with the purchase of DKI, the Company, at the request of LVMH, agreed to operate a retail store located on Bond Street in the UK. The Company has agreed to operate the store until the earlier of the lease expiration, the termination of the lease by the landlord, or the transfer or assignment of the lease to another entity. LVMH has agreed to reimburse GIII for the cost of operating the store, less depreciation, for the duration of the agreement. Transaction with Karl Lagerfeld North America G-III owns a 49% ownership interest in KLNA and is considered a related party (see note M). The Company entered into a licensing agreement to use the brand rights to certain Karl Lagerfeld trademarks held by KLNA. The Company incurred royalty and advertising expense of approximately $4.0 million and $1.0 million for the years ended January 31, 2017 and 2016, respectively. The Company began shipping Karl Lagerfeld product in October 2015, the expense for fiscal 2016 represents approximately four months of activity. The amount of royalty and advertising due to KLNA as of January 31, 2017 and 2016 was approximately $656,000 and $60,000, respectively.

QUARTERLY FINANCIAL DATA (UNAUD

QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	Jan. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL DATA (UNAUDITED)	NOTE P — QUARTERLY FINANCIAL DATA (UNAUDITED) Summarized quarterly financial data for the fiscal years ended January 31, 2017 and 2016 are as follows (in thousands, except per share amounts): Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 457,403 $ 442,267 $ 883,476 $ 603,289 Gross profit 165,669 155,643 321,452 198,097 Net income (loss) attributable to G-III 2,771 (1,293 ) 70,564 (20,104 ) Net income (loss) per common share Basic $ 0.06 $ (0.03 ) $ 1.54 $ (0.42 ) Diluted $ 0.06 $ (0.03 ) $ 1.50 $ (0.42 ) 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

SCHEDULE II - VALUATION AND QUA

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Jan. 31, 2017
Valuation And Qualifying Accounts [Abstract]
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS	SCHEDULE II — VALUATION AND QUALIFYING ACCOUNT Description Balance at of Period Charges to Expenses Deductions (a) Balance at Period (In thousands) Year ended January 31, 2017 Deducted from asset accounts Allowance for doubtful accounts $ 1,346 $ 682 $ 836 $ 1,192 Reserve for sales allowances (b) 72,915 266,263 244,684 94,494 $ 74,261 $ 266,945 $ 245,520 $ 95,686 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 53,367 $ 54,987 $ 162,817 $ 164,363 $ 53,441 (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
	Jan. 31, 2017
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 women’s handbags, footwear, small leather goods, cold weather accessories and luggage. The Company also operates retail stores. The Company consolidates the accounts of all its wholly-owned and majority-owned subsidiaries. KL North America BV (“KLNA”) is a Dutch limited liability company which is a joint venture that is 49% owned by the Company. Kingdom Holdings 1 B.V. (“KH1”) is a Dutch limited liability company that is 19% owned by the Company. These investments are accounted for using the equity method of accounting. All material intercompany balances and transactions have been eliminated. Vilebrequin International SA (“Vilebrequin”), a Swiss corporation, which is wholly-owned by the Company, KH1 and 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, KH1 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, 2017, the results of Vilebrequin, KH1 and KLNA are included for the year ended December 31, 2016. Certain reclassifications have been made to the Condensed Consolidated Statements of Cash Flows as a result of the Company’s electing to apply the amendments related to the presentation of excess tax benefits on the statement of cash flows using a retrospective transition method as prescribed by Accounting Standard Update (“ASU”) 2016-09. This change resulted in a $10.1 and a 7.0 million decrease in net cash used in operating activities and a corresponding decrease in net cash provided by financing activities in the accompanying Condensed Consolidated Statement of Cash Flows for the period ended January 31, 2016 and 2015 respectively, compared to the amounts previously reported.
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 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. G.H. Bass and Wilsons inventories are valued at the lower of cost or market as determined by the retail inventory method. DKI and 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 17 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 carrying amounts of the assets.
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. In fiscal 2017, the Company recorded a $10.5 million impairment charge with respect to leasehold improvements and furniture and fixtures at certain of our Wilsons and G.H. Bass stores as a result of the performance in these stores.
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 384,000, 165,000 and 160,000 shares for the years ended January 31, 2017, 2016 and 2015, 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 194,618, 270,630 and 620,036 shares of common stock in connection with the exercise or vesting of equity awards during the years ended January 31, 2017, 2016 and 2015, respectively. In addition, the Company re-issued 291,181 and 317,143 treasury shares in connection with the vesting of equity awards in fiscal 2017 and fiscal 2016, respectively. The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share: Year Ended January 31 2017 2016 2015 (In thousands, except per share amounts) Net income attributable to G-III $ 51,938 $ 114,333 $ 110,361 Basic net income per share: Basic common shares 46,308 45,328 43,298 Basic net income per share $ 1.12 $ 2.52 $ 2.55 Diluted net income per share: Basic common shares 46,308 45,328 43,298 Stock options and restricted stock awards 1,086 1,184 1,126 Diluted common shares 47,394 46,512 44,424 Diluted net income per share $ 1.10 $ 2.46 $ 2.48
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 stock unit awards generally vest over a three to five year period and certain awards also include market price performance 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 other performance conditions that require the achievement of an operating performance target. All awards are expensed on a straight line basis other than awards with market price performance and/or operating 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. On February 1, 2016, the Company adopted Accounting Standard Update 2016-09. The new guidance prescribes that excess tax benefits arising from the lapse or exercise of an equity award are no longer recognized in additional paid in capital. The assumed proceeds from applying the treasury stock method when computing net income per share is amended to exclude the amount of excess tax benefits that would be recognized in additional paid in capital. This change in accounting results in approximately 207,000 additional diluted common shares being included in the diluted net income per share calculation for the year ended January 31, 2017.
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. 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 $89.5 million, $73.1 million and $62.4 million for the years ended January 31, 2017, 2016 and 2015, 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 $9.6 million, $9.9 million and $8.4 million for the years ended January 31, 2017, 2016 and 2015, 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 $89.5 million, $81.9 million and $71.5 million for the years ended January 31, 2017, 2016 and 2015, respectively. Prepaid advertising, which represents advance payments to licensors for minimum guaranteed payments for advertising under the Company’s licensing agreements, was $7.8 million and $7.2 million at January 31, 2017 and 2016, 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 2% note issued to LVMH in connection with the acquisition of Donna Karan International Inc. was issued at a discount of  $40.0 million in accordance with ASC 820 — Fair Value Measurements. The fair value of this promissory note would be considered a Level 3 valuation in the fair value hierarchy. 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.
Derivatives	17. Derivatives The Company, in its normal course of business, has exposure to changes in foreign currency exchange rates related to certain anticipated cash flows principally associated with sales to international customers. The Company uses derivative financial instruments in the form of foreign currency forward contracts to manage this exposure. The Company’s derivatives are not designated as hedging instruments and are accounted for as economic hedges. Derivatives are recognized gross as either assets or liabilities in the Consolidated Balance Sheets and are measured at fair value. Changes in fair value of derivatives not designated as accounting hedges are presented in net revenue along with the corresponding foreign exchange gains and losses related to the items being hedged within the Consolidated Statements of Operations and Comprehensive Income. The Company classifies the payments and/or proceeds from the maturity of these derivatives within cash flows from operating activities within the Consolidated Statements of Cash Flows. The Company does not enter into derivative financial instruments for speculative or trading purposes. As of January 31, 2017 all of the Company’s derivatives mature within one year.
Foreign Currency Translation	18. 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	19. Effects of Recently Issued Accounting Pronouncements Recently Adopted Accounting Guidance In March 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-09, “Compensation —  Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting.” ASU 2016-09 simplifies various aspects related to share-based payments. The Company elected to early-adopt ASU 2016-09 with an effective date of February 1, 2016. Under previous guidance, excess tax benefits and deficiencies from stock-based compensation arrangements were recorded in equity when the awards vested or were settled. ASU 2016-09 requires prospective recognition of excess tax benefits and deficiencies in the income statement, resulting in the recognition of excess tax benefits of approximately $3.1 million in income tax expense, or $0.07 per diluted share, rather than in paid-in capital, for the year ended January 31, 2017 (“fiscal 2017”). The Company has elected to account for forfeitures as they occur. 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. The Company elected to early adopt ASU 2015-17 for the period ended January 31, 2017. The Company chose to apply the guidance prospectively and prior periods were not retrospectively adjusted. In August 2014, the FASB issued ASU 2014-15, “Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern,” which provides guidance on determining when and how reporting entities must disclose going-concern uncertainties in their financial statements. The new standard requires management to perform interim and annual assessments of an entity’s ability to continue as a going concern within one year of the date of issuance of the entity’s financial statements. Further, an entity must provide certain disclosures if there is “substantial doubt about the entity’s ability to continue as a going concern.” The new guidance became effective for the Company on the fiscal years ended January 31, 2017 and interim periods thereafter. The adoption did not have an impact on the Company’s consolidated financial statements. Accounting Guidance Issued Being Evaluated for Adoption In January 2017, the FASB issued ASU 2017-04, “Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.” The purpose of ASU 2017-04 is to simplify the subsequent measurement of goodwill by removing the second step of the two-step impairment test. The amendment should be applied on a prospective basis. ASU 2017-04 is effective for fiscal years beginning after December 15, 2019, including interim periods within that year. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company does not expect ASU 2017-04 to have an impact on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, “Business Combinations (Topic 805): Clarifying the Definition of a Business.” The purpose of ASU 2017-01 is to clarify the definition of a business to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. ASU 2017-01 is effective for fiscal years beginning after December 15, 2017, including interim periods within that year. The amendments in ASU 2017-01 should be applied prospectively on or after the effective date. Early adoption is permitted. The Company does not expect ASU 2017-01 to have an impact on its consolidated financial statements. In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory.” The update requires an entity to recognize the income tax consequences of an intra-entity transfer of an asset upon transfer other than inventory, eliminating the current recognition exception. Prior to the update, GAAP prohibited the recognition of current and deferred income taxes for intra-entity asset transfers until the asset was sold to an outside party. The amendments in this update do not include new disclosure requirements; however, existing disclosure requirements might be applicable when accounting for the current and deferred income taxes for an intra-entity transfer of an asset other than inventory. For public business entities, the amendments in this update are effective for annual reporting periods beginning after December 15, 2017, including interim reporting periods within those annual reporting periods. The Company is currently evaluating the effects of ASU 2016-16 on its financial statements and disclosures. In August 2016, the FASB issued ASU 2016-15, “Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments,” which clarifies guidance with respect to the classification of eight specific cash flow issues. ASU 2016-15 was issued to reduce diversity in practice and prevent financial statement restatements. Cash flow issues include; debt prepayment or debt extinguishment costs, settlement of zero-coupon bonds, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies and bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions and separately identifiable cash flows and application of the predominance principle. ASU 2016-15 is effective for public business entities for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Under the provision, entities must apply the guidance retrospectively to all periods presented but may apply it prospectively if retrospective application would be impracticable. The Company is currently evaluating the provisions of ASU 2016-15. In April 2016, the FASB issued ASU 2016-10, “Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing.” The guidance clarifies two aspects of Topic 606: (i) identifying performance obligations and (ii) providing licensing implementation guidance, while retaining the related principles for those areas. Topic 606 includes implementation guidance on (a) contracts with customers to transfer goods and services in exchange for consideration and (b) determining whether an entity’s promise to grant a license provides a customer with either a right to use the entity’s intellectual property (which is satisfied at a point in time) or a right to access the entity’s intellectual property (which is satisfied over time). The amendments in this update are intended to render more detailed implementation guidance with the expectation of reducing the degree of judgment necessary to comply with Topic 606. The FASB continues to clarify this guidance and most recently issued ASU 2016-08, “Principal versus Agent Considerations (Reporting Revenue Gross versus Net),” ASU 2016-12, “Narrow-Scope Improvements and Practical Expedients,” and ASU 2016-20, “Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers.” These new standards have the same effective date as ASU 2014-09 and will be effective for public entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. The guidance permits two methods of adoption: retrospectively to each prior reporting period presented (full retrospective method), or retrospectively with the cumulative effect of initially applying the guidance recognized at the date of initial application (the cumulative catch-up transition method). The Company has not yet determined which method they will utilize with respect to the implementation of the new guidance. The Company has created a committee that is in the process of evaluating the potential differences that would result from applying the requirements of the new standard to its current accounting policies and practices. While the Company continues to evaluate the impact of the new revenue guidance, the Company currently believes, based on a preliminary assessment, that the adoption of Topic 606 will primarily impact net sales of its wholesale operations. However, preliminary assessments are subject to change. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842).” The primary 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 may 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 guidance is effective for public entities for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption is permitted. The Company is currently assessing the potential impact of ASU 2016-02 on its consolidated financial statements and expects that it will result in a significant increase to its long-term assets and liabilities. In January 2016, the FASB issued ASU 2016-01, “Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.” This standard 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 does not expect that the adoption of this ASU will have a significant impact on its statement of operations. 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 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
	Jan. 31, 2017
Accounting Policies [Abstract]
Schedule of reconciliation between basic and diluted net income per share	Year Ended January 31 2017 2016 2015 (In thousands, except per share amounts) Net income attributable to G-III $ 51,938 $ 114,333 $ 110,361 Basic net income per share: Basic common shares 46,308 45,328 43,298 Basic net income per share $ 1.12 $ 2.52 $ 2.55 Diluted net income per share: Basic common shares 46,308 45,328 43,298 Stock options and restricted stock awards 1,086 1,184 1,126 Diluted common shares 47,394 46,512 44,424 Diluted net income per share $ 1.10 $ 2.46 $ 2.48

INVENTORIES (Tables)

INVENTORIES (Tables)	12 Months Ended
	Jan. 31, 2017
Inventory Disclosure [Abstract]
Schedule of inventories	January 31, 2017 2016 (In thousands) Finished goods $ 483,085 $ 484,805 Raw materials and work-in-process 184 506 $ 483,269 $ 485,311

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Jan. 31, 2017
Property Plant And Equipment [Abstract]
Schedule of property and equipment at cost	January 31, 2017 2016 (In thousands) Machinery and equipment 5 years $ 1,376 $ 1,820 Leasehold improvements 3 – 13 years 82,658 78,082 Furniture and fixtures 3 – 5 years 79,292 70,899 Computer equipment and software 2 – 3 years 15,907 12,909 179,233 163,710 Less: accumulated depreciation 76,662 60,131 $ 102,571 $ 103,579

ACQUISITIONS AND INTANGIBLES (T

ACQUISITIONS AND INTANGIBLES (Tables) - DKI	12 Months Ended
	Jan. 31, 2017
Business Acquisition [Line Items]
Schedule of total consideration paid for acquisition	Initial Purchase Price $ 650,000 plus: 338(h)(10) tax election adjustment 33,500 plus: aggregate adjustments to purchase price 26,278 Minus: LVMH Note discount (40,000 ) Total consideration $ 669,778
Schedule of components of preliminary purchase price allocation for acquisition of Vilebrequin	(In thousands) Cash and cash equivalents $ 44,375 Accounts receivable 13,235 Inventories 10,933 Prepaid expenses & other current assets 19,533 Property, plant and equipment 15,760 Goodwill 220,649 Tradenames 370,000 Other intangibles 40,000 Other long-term assets 2,703 Total assets acquired 737,188 Accounts payable (21,436 ) Accrued expense (38,900 ) Income taxes payable (3,443 ) Other long-term liabilities (3,631 ) Total liabilities assumed (67,410 ) Total fair value of acquisition consideration (net of  $40 million imputed debt discount) $ 669,778
Schedule of reconciliation of cash paid for the acquisition	Purchase price $ 669,778 Minus cash acquired and non-cash consideration Cash acquired (44,375 ) Note issued to LVMH, net of discount (85,000 ) Common Stock issued to LVMH (75,000 ) Cash disbursed for the acquisition of DKI $ (465,403 )
Schedule of pro forma consolidated results of operations	Year Ended January 31, 2017 (1) 2016 (unaudited, in thousands) Net sales $ 2,601,181 $ 2,840,741 Net income 7,000 61,089 Earnings per share: Basic $ 0.14 $ 1.26 Diluted 0.14 1.23 (1) Includes nonrecurring pro forma adjustments directly attributable to the business combination consisting of the reversal of  $7.8 million of professional fees and the reversal of severance expenses of $3.9 million.
Schedule of intangible assets	​ ​ ​ ​ ​ ​ January 31, ​ ​ ​ ​ Estimated Life ​ ​ 2017 ​ ​ 2016 ​ ​ ​ ​ ​ ​ ​ (In thousands) ​ Gross carrying amounts ​ ​ ​ ​ Licenses ​ ​ 14 years​ ​ ​ ​ $ 18,846 ​ ​ ​ ​ $ 19,074 ​ ​ Trademarks ​ ​ 8 – 12 years​ ​ ​ ​ ​ 2,194 ​ ​ ​ ​ ​ 2,194 ​ ​ Customer relationships ​ ​ 8 – 17 years​ ​ ​ ​ ​ 48,071 ​ ​ ​ ​ ​ 8,163 ​ ​ Other ​ ​ 3 – 10 years​ ​ ​ ​ ​ 4,387 ​ ​ ​ ​ ​ 4,975 ​ ​ Subtotal ​ ​ ​ ​ ​ ​ ​ 73,498 ​ ​ ​ ​ ​ 34,406 ​ ​ Accumulated amortization ​ ​ ​ ​ ​ ​ ​ (24,921 ) ​ ​ ​ ​ ​ (23,540 ) ​ ​ ​ ​ ​ ​ ​ ​ ​ 48,577 ​ ​ ​ ​ ​ 10,866 ​ ​ Unamortized intangible assets ​ ​ ​ ​ Goodwill ​ ​ ​ ​ ​ ​ ​ 269,262 ​ ​ ​ ​ ​ 49,437 ​ ​ Trademarks ​ ​ ​ ​ ​ ​ ​ 435,395 ​ ​ ​ ​ ​ 67,200 ​ ​ Subtotal ​ ​ ​ ​ ​ ​ ​ 704,657 ​ ​ ​ ​ ​ 116,637 ​ ​ Total intangible assets, net ​ ​ ​ ​ ​ ​ $ 753,234 ​ ​ ​ ​ $ 127,503
Schedule of changes in amounts of goodwill	Wholesale Retail Total January 31, 2015 $ 51,414 $ 716 $ 52,130 Currency translation (2,693 ) — (2,693 ) January 31, 2016 48,721 716 49,437 Acquisition 220,649 — 220,649 Currency translation (824 ) — (824 ) January 31, 2017 $ 268,546 $ 716 $ 269,262
Schedule of estimated intangible amortization expense	Year Ending January 31, Amortization Expense (In thousands) 2018 $ 4,329 2019 3,967 2020 3,828 2021 3,286 2022 3,076

NOTES PAYABLE AND OTHER LIABI28

NOTES PAYABLE AND OTHER LIABILITIES (Tables)	12 Months Ended
	Jan. 31, 2017
Debt Disclosure [Abstract]
Schedule of long-term debt	January 31, 2017 January 31, 2016 (in thousands) Term loan $ 300,000 $ — New revolving credit facility 91,121 — Note issued to LVMH 125,000 — Subtotal 516,121 — Less: Net debt issuance costs and debt discount (54,365 ) — Total $ 461,756 $ —
Schedule of future debt maturities	Year Ending January 31, (In millions) 2018 $ — 2019 — 2020 — 2021 91,121 2022 and thereafter $ 425,000

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jan. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of components of income tax provision	Year Ended January 31, 2017 2016 2015 (In thousands) Current Federal $ 22,925 $ 47,585 $ 46,989 State and city 4,034 5,910 5,978 Foreign 6,150 7,768 5,688 33,109 61,263 58,655 Deferred Federal (4,776 ) 3,458 1,422 State and city (2,807 ) 535 (67 ) Foreign 298 (456 ) (560 ) (7,285 ) 3,537 795 Income tax expense $ 25,824 $ 64,800 $ 59,450 Income before income taxes United States $ 55,363 $ 149,578 $ 133,709 Non-United States 22,399 29,555 34,732 $ 77,762 $ 179,133 $ 168,441
Schedule of significant components of net deferred tax assets	2017 2016 (In thousands) Deferred tax assets Compensation $ 10,323 $ 13,045 Straight-line lease 4,279 3,713 Provision for bad debts and sales allowances 11,919 11,180 Supplemental employee retirement plan 519 378 Inventory write-downs 10,163 3,581 Net operating loss 2,274 1,637 Other 2,343 1,812 Total deferred tax assets 41,820 35,346 Deferred tax liabilities Depreciation and amortization (14,724 ) (15,981 ) Intangibles (21,347 ) (21,772 ) Prepaid expenses and other (3,383 ) (3,362 ) Other (817 ) (507 ) Total deferred tax liabilities (40,271 ) (41,622 ) Net deferred tax assets (liability) $ 1,549 $ (6,276 )
Schedule of reconciliation of statutory federal income tax rate to effective rate reported in financial statements	2017 2016 2015 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 1.0 2.4 2.3 Permanent differences resulting in Federal taxable income 9.6 3.6 2.9 Foreign tax rate differential (1.7 ) (1.4 ) 0.1 ASC 718 Adoption (3.8 ) — — Foreign tax credit (6.5 ) (3.1 ) (6.5 ) Other, net (0.4 ) (0.3 ) 1.5 Actual provision for income taxes 33.2 % 36.2 % 35.3 %
Schedule of reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (excluding interest and penalties)	2017 2016 2015 Balance at February 1, 1,094 1,094 1,094 Additions based on tax positions related to the current year 0 0 0 Additions for tax positions of prior years 0 0 0 Reductions for tax positions of prior years 0 0 0 Settlements 0 0 0 Lapses of statutes of limitations 0 0 0 Balance at January 31, 1,094 1,094 1,094

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Jan. 31, 2017
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) 2018 $ 95,882 2019 93,359 2020 86,243 2021 76,336 2022 63,379 Thereafter 163,799 $ 578,998
Schedule of future minimum royalty and advertising payments	Year Ending January 31, Amount (In thousands) 2018 $ 143,531 2019 105,884 2020 100,540 2021 83,287 2022 188,095 Thereafter 185,295 $ 806,632

STOCKHOLDERS' EQUITY (Tables)

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	Jan. 31, 2017
Stockholders' Equity Note [Abstract]
Schedule of restricted stock	Restricted Stock Units Awards Weighted Average 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 Granted 630,642 $ 25.82 Vested (678,164 ) $ 22.43 Canceled (2,500 ) $ 17.95 Unvested as of January 31, 2017 1,998,861 $ 31.70
Schedule of information regarding stock options	2017 2016 2015 Shares Weighted Shares Weighted Shares Weighted Stock options outstanding at beginning of year 331,651 $ 10.59 469,176 $ 11.16 536,976 $ 11.11 Exercised (20,520 ) $ 12.65 (37,525 ) $ 11.11 (67,800 ) $ 10.76 Granted — $ — — $ — — $ — Cancelled or forfeited (60,000 ) $ 15.87 (100,000 ) $ 13.08 — $ — Stock options outstanding at end of year 251,131 $ 9.16 331,651 $ 10.59 469,176 $ 11.16 Exercisable 251,131 $ 9.16 253,151 $ 9.07 250,176 $ 8.63
Schedule of information about stock options outstanding	Range of Exercise Prices Number 2017 Weighted Contractual Life Weighted Price Number 2017 Weighted Price $0.00 – $8.00 113,800 1.24 $ 6.61 113,800 $ 6.61 $8.01 – $12.00 84,265 0.60 $ 9.23 84,265 $ 9.23 $12.01 – $16.00 36,400 4.08 $ 12.98 36,400 $ 12.98 $16.01 – $40.00 16,666 5.19 $ 17.85 16,666 $ 17.85 251,131 251,131

SEGMENTS (Tables)

SEGMENTS (Tables)	12 Months Ended
	Jan. 31, 2017
Segment Reporting [Abstract]
Schedule of information regarding reportable segments	January 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 2,014,386 $ 474,217 $ (102,168 ) $ 2,386,435 Cost of goods sold 1,382,162 267,427 (104,015 ) 1,545,574 Gross profit 632,224 206,790 1,847 840,861 Selling, general and administrative 457,785 246,651 — 704,436 Depreciation and amortization 21,483 10,998 — 32,481 Asset impairments 10,480 — 10,480 Operating profit (loss) $ 152,956 $ (61,339 ) $ 1,847 $ 93,464 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 (1) Represents intersegment sales to the Company’s retail operations.
Schedule of total assets for each reportable segments	January 31 2017 2016 (In thousands) Wholesale $ 1,477,259 $ 763,353 Retail 228,352 210,118 Corporate 146,333 210,599 Total Assets $ 1,851,944 $ 1,184,070
Schedule of revenues and long lived assets by geographic region	2017 2016 2015 Geographic Region Revenues Long-Lived Assets Revenues Long-Lived Assets Revenues Long-Lived Assets (In thousands) United States $ 2,180,409 $ 790,341 $ 2,157,889 $ 150,949 $ 1,956,589 $ 132,822 Non-United States 206,026 178,665 186,253 130,681 160,266 115,030 $ 2,386,435 $ 969,006 $ 2,344,142 $ 281,630 $ 2,116,855 $ 247,852

QUARTERLY FINANCIAL DATA (UNA33

QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	Jan. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule of summarized quarterly financial data	Quarter Ended April 30, July 31, October 31, January 31, Net sales $ 457,403 $ 442,267 $ 883,476 $ 603,289 Gross profit 165,669 155,643 321,452 198,097 Net income (loss) attributable to G-III 2,771 (1,293 ) 70,564 (20,104 ) Net income (loss) per common share Basic $ 0.06 $ (0.03 ) $ 1.54 $ (0.42 ) Diluted $ 0.06 $ (0.03 ) $ 1.50 $ (0.42 ) 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

SIGNIFICANT ACCOUNTING POLICI34

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, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Accounting Policies [Abstract]
Net income (loss) attributable to G-III (in dollars)	$ (20,104)	$ 70,564	$ (1,293)	$ 2,771	$ 7,964	$ 87,156	$ 12,453	$ 6,760	$ 51,938	$ 114,333	$ 110,361
Basic net income per share:
Basic common shares									46,308	45,328	43,298
Basic net income per share	$ (0.42)	$ 1.54	$ (0.03)	$ 0.06	$ 0.17	$ 1.92	$ 0.28	$ 0.15	$ 1.12	$ 2.52	$ 2.55
Diluted net income per share:
Basic common shares									46,308	45,328	43,298
Stock options and restricted stock awards									1,086	1,184	1,126
Diluted common shares									47,394	46,512	44,424
Diluted net income per share	$ (0.42)	$ 1.50	$ (0.03)	$ 0.06	$ 0.17	$ 1.87	$ 0.27	$ 0.15	$ 1.10	$ 2.46	$ 2.48

SIGNIFICANT ACCOUNTING POLICI35

SIGNIFICANT ACCOUNTING POLICIES (Detail Textuals) - USD ($) $ in Thousands	Apr. 01, 2015	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015	Feb. 29, 2016
Accounting Policies [Abstract]
Stock split of common stock	two-for-one
Anti-dilutive shares excluded from diluted net income per share calculation		384,000	165,000	160,000
Common stock issued in connection with exercise or vesting of equity awards		194,618	270,630	620,036
Treasury shares re-issued in connection with the exercise or vesting of equity awards		291,181	317,143
Advertising expense		$ 89,500	$ 81,900	$ 71,500
Prepaid advertising		7,800	7,200
Accounting Policies [Line Items]
Decrease in net cash used in operating activities		105,695	$ 74,296	$ 88,639
Impairment charge with respect to leasehold improvements and furniture and fixture		$ 10,480
Additional diluted common shares included in diluted net income per share		1,086,000	1,184,000	1,126,000
Selling, general and administrative expenses		$ 704,436	$ 628,762	$ 571,990
Debt instrument interest rate		2.00%
Debt discount
Excess tax benefits and deficiencies, stock compensation		$ 3,100
Recognition of excess tax benefits on diluted shares		$ 0.07
Kingdom Holding 1 BV ("KH1")
Accounting Policies [Line Items]
Percentage of ownership interest		19.00%			19.00%
LVMH Note
Accounting Policies [Line Items]
Debt instrument interest rate		2.00%
Debt discount		$ 40,000
Effects of Recently Issued Accounting Pronouncements
Accounting Policies [Line Items]
Additional diluted common shares included in diluted net income per share		207,000
KL North America BV ("KLNA") | Equity method of accounting
Accounting Policies [Line Items]
Percentage of ownership interest		49.00%
Wholesale shipping and handling costs
Accounting Policies [Line Items]
Selling, general and administrative expenses		$ 89,500	73,100	62,400
Retail shipping and handling costs
Accounting Policies [Line Items]
Selling, general and administrative expenses		$ 9,600	$ 9,900	$ 8,400
Minimum
Accounting Policies [Line Items]
Intangible assets, estimated useful lives		3 years
Minimum | Restricted Stock Units (RSUs)
Accounting Policies [Line Items]
Vesting and exercise period of awards		3 years
Minimum | Restricted Stock Units (RSUs) | Long-Term Incentive Stock Plan
Accounting Policies [Line Items]
Vesting and exercise period of awards		3 years
Maximum
Accounting Policies [Line Items]
Intangible assets, estimated useful lives		17 years
Maximum | Restricted Stock Units (RSUs)
Accounting Policies [Line Items]
Vesting and exercise period of awards		5 years
Maximum | Restricted Stock Units (RSUs) | Long-Term Incentive Stock Plan
Accounting Policies [Line Items]
Vesting and exercise period of awards		5 years
Maximum | Stock Options | Long-Term Incentive Stock Plan
Accounting Policies [Line Items]
Vesting and exercise period of awards		10 years

INVENTORIES (Detail)

INVENTORIES (Detail) - USD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2016
Inventory Disclosure [Abstract]
Finished goods	$ 483,085	$ 484,805
Raw materials and work-in-process	184	506
Inventories	$ 483,269	$ 485,311

INVENTORIES (Detail textuals)

INVENTORIES (Detail textuals) $ in Millions	Jan. 31, 2017USD ($)
Inventory Disclosure [Abstract]
Inventory held on consignment	$ 2.8

PROPERTY AND EQUIPMENT - Proper

PROPERTY AND EQUIPMENT - Property and Equipment at Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 179,233	$ 163,710
Less: accumulated depreciation	76,662	60,131
Property and equipment, net	$ 102,571	103,579
Machinery and equipment
Property, Plant and Equipment [Line Items]
Estimated useful lives of fixed assets	5 years
Property and equipment, gross	$ 1,376	1,820
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 82,658	78,082
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	$ 79,292	70,899
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	$ 15,907	$ 12,909
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
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Property Plant And Equipment [Abstract]
Fixed asset write offs	$ 3,200,000	$ 618,000
Depreciation expense	29,600,000	$ 23,000,000	$ 179,000,000
Impairment charge on leasehold improvements	$ 10,500,000

ACQUISITIONS AND INTANGIBLES (D

ACQUISITIONS AND INTANGIBLES (Detail) - DKI $ in Thousands	1 Months Ended
	Dec. 01, 2016USD ($)
Business Acquisition [Line Items]
Initial Purchase Price	$ 650,000
plus: 338(h)(10) tax election adjustment	33,500
plus: aggregate adjustments to purchase price	26,278
Minus: LVMH Note discount	(40,000)
Total consideration	$ 669,778

ACQUISITIONS AND INTANGIBLES 41

ACQUISITIONS AND INTANGIBLES (Detail 1) - USD ($) $ in Thousands	Jan. 31, 2017	Dec. 01, 2016	Jan. 31, 2016	Jan. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 269,262		$ 49,437	$ 52,130
Other intangibles	$ 410,000
DKI
Business Acquisition [Line Items]
Cash and cash equivalents		$ 44,375
Accounts receivable		13,235
Inventories		10,933
Prepaid expenses & other current assets		19,533
Property, plant and equipment		15,760
Goodwill		220,649
Tradenames		370,000
Other intangibles		40,000
Other long-term assets		2,703
Total assets acquired		737,188
Accounts payable		(21,436)
Accrued expense		(38,900)
Income taxes payable		(3,443)
Other long-term liabilities		(3,631)
Total liabilities assumed		(67,410)
Total fair value of acquisition consideration (net of $40 million imputed debt discount)		$ 669,778

ACQUISITIONS AND INTANGIBLES (P

ACQUISITIONS AND INTANGIBLES (Parentheticals) (Detail 1) - USD ($) $ in Millions	Dec. 01, 2016	Jan. 31, 2016
Business Acquisition [Line Items]
Debt discount
DKI
Business Acquisition [Line Items]
Debt discount	$ 40

ACQUISITIONS AND INTANGIBLES 43

ACQUISITIONS AND INTANGIBLES (Detail 2) - USD ($) $ in Thousands	Dec. 01, 2016	Jan. 31, 2017
Minus cash acquired and non-cash consideration
Note issued to LVMH, net of discount		$ (125,000)
Common Stock issued to LVMH		(75,000)
Cash disbursed for the acquisition of DKI		(465,403)
DKI
Business Acquisition [Line Items]
Purchase price	$ 669,778	$ 669,800
Minus cash acquired and non-cash consideration
Cash acquired	(44,375)
Note issued to LVMH, net of discount	(85,000)
Common Stock issued to LVMH	(75,000)
Cash disbursed for the acquisition of DKI	$ (465,403)

ACQUISITIONS AND INTANGIBLES 44

ACQUISITIONS AND INTANGIBLES (Detail 3) - DKI - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jan. 31, 2017	[1]	Jan. 31, 2016
Business Acquisition [Line Items]
Net sales	$ 2,601,181		$ 2,840,741
Net income	$ 7,000		$ 61,089
Earnings per share:
Basic	$ 0.14		$ 1.26
Diluted	$ 0.14		$ 1.23
[1]	Includes nonrecurring pro forma adjustments directly attributable to the business combination consisting of the reversal of $7.8 million of professional fees and the reversal of severance expenses of $3.9 million.

ACQUISITIONS AND INTANGIBLES 45

ACQUISITIONS AND INTANGIBLES (Parentheticals) (Detail 3) - DKI $ in Millions	12 Months Ended
	Jan. 31, 2017USD ($)
Business Acquisition [Line Items]
Reversal of professional fees	$ 7.8
Reversal of severance expenses	$ 3.9

ACQUISITIONS AND INTANGIBLES 46

ACQUISITIONS AND INTANGIBLES (Detail 4) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 73,498	$ 34,406
Accumulated amortization	(24,921)	(23,540)
Net	48,577	10,866
Unamortized intangible assets
Goodwill	269,262	49,437	$ 52,130
Trademarks	435,395	67,200
Subtotal	704,657	116,637
Total intangible assets, net	$ 753,234	127,503
Minimum
Unamortized intangible assets
Estimated Life	3 years
Maximum
Unamortized intangible assets
Estimated Life	17 years
Licenses
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 18,846	19,074
Unamortized intangible assets
Estimated Life	14 years
Trademarks
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 2,194	2,194
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	$ 48,071	8,163
Customer relationships | Minimum
Unamortized intangible assets
Estimated Life	8 years
Customer relationships | Maximum
Unamortized intangible assets
Estimated Life	17 years
Other
Goodwill And Intangible Assets [Line Items]
Gross carrying amounts	$ 4,387	$ 4,975
Other | Minimum
Unamortized intangible assets
Estimated Life	3 years
Other | Maximum
Unamortized intangible assets
Estimated Life	10 years

ACQUISITIONS AND INTANGIBLES 47

ACQUISITIONS AND INTANGIBLES (Detail 5) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Goodwill [Roll Forward]
Begining balance	$ 49,437	$ 52,130
Acquisition	220,649
Currency translation	(824)	(2,693)
Ending balance	269,262	49,437
Wholesale
Goodwill [Roll Forward]
Begining balance	48,721	51,414
Acquisition	220,649
Currency translation	(824)	(2,693)
Ending balance	268,546	48,721
Retail
Goodwill [Roll Forward]
Begining balance	716	716
Ending balance	$ 716	$ 716

ACQUISITIONS AND INTANGIBLES 48

ACQUISITIONS AND INTANGIBLES (Detail 6) $ in Thousands	Jan. 31, 2017USD ($)
Amortization Expense
2,018	$ 4,329
2,019	3,967
2,020	3,828
2,021	3,286
2,022	$ 3,076

ACQUISITIONS AND INTANGIBLES 49

ACQUISITIONS AND INTANGIBLES (Detail Textuals) - USD ($) $ in Thousands	Dec. 01, 2016	Jan. 31, 2017	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Business Acquisition [Line Items]
Proceeds from shares issuance			$ 75,000
Intangible assets amortization expense			2,500	$ 1,900	$ 2,000
Goodwill		$ 269,262	269,262	49,437	52,130
Other intangibles		410,000	410,000
Acquisition Costs			7,800
Operating loss			93,464	$ 184,484	$ 164,895
Customer Relationships
Business Acquisition [Line Items]
Other intangibles		40,000	40,000
DKI
Business Acquisition [Line Items]
Initial purchase price	$ 669,778		$ 669,800
Number of shares issued in acquisition	2,608,877
Proceeds from shares issuance	$ 75,000
Principal amount of LVMH note	125,000
Tradenames	370,000
Goodwill	220,649
Other intangibles	$ 40,000
Intangible assets, estimated useful lives	17 years
Goodwill deductible period for tax purposes			15 years
Net sales		29,500
Operating loss		$ (13,100)

NOTES PAYABLE AND OTHER LIABI50

NOTES PAYABLE AND OTHER LIABILITIES (Detail) - USD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2016
Debt Instrument [Line Items]
Long term debt gross	$ 516,121
Less: Net debt issuance costs and debt discount	(54,365)
Total	461,756
Term loan
Debt Instrument [Line Items]
Long term debt gross	300,000
Less: Net debt issuance costs and debt discount	(18,300)
New revolving credit facility
Debt Instrument [Line Items]
Long term debt gross	91,121
Note issued to LVMH
Debt Instrument [Line Items]
Long term debt gross	$ 125,000

NOTES PAYABLE AND OTHER LIABI51

NOTES PAYABLE AND OTHER LIABILITIES (Detail 1) $ in Thousands	Jan. 31, 2017USD ($)
Debt Disclosure [Abstract]
2,018
2,019
2,020
2,021	91,121
2022 and thereafter	$ 425,000

NOTES PAYABLE AND OTHER LIABI52

NOTES PAYABLE AND OTHER LIABILITIES (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 01, 2016	Jan. 31, 2017	Jan. 31, 2016
Debt Instrument [Line Items]
Debt issuance costs		$ 54,365,000
Debt instrument interest rate		2.00%
Debt discount
Term loan
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 350,000,000
Amortization payments percentage of original aggregate principal amount		0.625%
Loan expenses		$ 2,600,000
Prepayment of principle amount	$ 50,000,000	$ 50,000,000
Floor rate		1.00%
Applicable margin		5.25%
Prepayment fee percentage		1.00%
Term loan description		The Term Loan is also required to be prepaid in an amount equal to 75% of the “Excess Cash Flow” (as defined in the Term Loan Credit Agreement) of the Company with respect to each fiscal year ending on or after January 31, 2018. The percentage of Excess Cash Flow that must be so applied is reduced to 50% if the Company’s senior secured leverage ratio is less than 3.00 to 1.00, to 25% if the Company’s senior secured leverage ratio is less than 2.75 to 1.00 and to 0% if the Company’s senior secured leverage ratio is less than 2.25 to 1.00.
Prepayment percentage of excess cash flow		75.00%
Prepayment percentage of excess cash flow when leverage ratio less than 3.00 to 1.00		50.00%
Prepayment percentage of excess cash flow when leverage ratio less than 2.75 to 1.00		25.00%
Prepayment percentage of excess cash flow when leverage ratio less than 2.25 to 1.00		0.00%
Leverage ratio description for 50% prepayment		Less than 3.00 to 1.00
Leverage ratio description for 25% prepayment		Less than 2.75 to 1.00
Leverage ratio description for 0% prepayment		Less than 2.25 to 1.00
Debt issuance costs		$ 18,300,000
Weighted average interest rate		6.25%	6.25%
Change in interest rate		0.25%
Effect of change on interest expenses		$ 750,000
Interest rate terms		Interest on the outstanding principal amount of the Term Loan accrues at a rate equal to LIBOR, subject to a 1% floor, plus an applicable margin of 5.25% or an alternate base rate (defined as the greatest of  (i) the “prime rate” as published by the Wall Street Journal from time to time, (ii) the federal funds rate plus 0.5% or (iii) the LIBOR rate for a borrowing with an interest period of one month) plus 4.25%, per annum, payable in cash.
Term loan | LIBOR plus
Debt Instrument [Line Items]
Spread interest rate		4.25%
Term loan | Federal funds rate plus
Debt Instrument [Line Items]
Spread interest rate		0.50%
New revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing amount		$ 650,000,000
Debt instrument commitment fee percentage		0.25%
Term of credit agreement		5 years
Term loan description		The new revolving credit facility contains a number of covenants that, among other things, restrict the Company’s ability, subject to specified exceptions, to incur additional debt; incur liens; sell or dispose of assets; merge with other companies; liquidate or dissolve itself; acquire other companies; make loans, advances, or guarantees; and make certain investments. In certain circumstances, the new revolving credit facility also requires G-III to maintain a minimum fixed charge coverage ratio, as defined, that should not exceed 1.00 to 1.00 for each period of twelve consecutive fiscal months of holdings.
Weighted average interest rate		3.19%
Borrowings outstanding		$ 91,100,000
Debt discount		12,400,000
New revolving credit facility | Trade letters of credit
Debt Instrument [Line Items]
Borrowings outstanding		10,400,000
New revolving credit facility | Standby letters of credit
Debt Instrument [Line Items]
Borrowings outstanding		$ 2,400,000
New revolving credit facility | LIBOR plus | Minimum
Debt Instrument [Line Items]
Spread interest rate		1.25%
LIBOR rate for borrowing with an interest period of one month		0.25%
New revolving credit facility | LIBOR plus | Maximum
Debt Instrument [Line Items]
Spread interest rate		1.75%
LIBOR rate for borrowing with an interest period of one month		0.75%
New revolving credit facility | Federal funds rate plus
Debt Instrument [Line Items]
Spread interest rate		0.50%
LVMH Note
Debt Instrument [Line Items]
Maximum borrowing capacity		$ 125,000,000
Debt instrument interest rate		2.00%
Debt discount		$ 40,000,000
LVMH Note | Notes Payable due on June 1, 2023
Debt Instrument [Line Items]
Note due and payable		75,000,000
LVMH Note | Notes Payable due on December 1, 2023
Debt Instrument [Line Items]
Note due and payable		50,000,000
Old Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing amount		$ 450,000,000
Term of credit agreement		5 years
Weighted average interest rate		2.10%
Old Revolving Credit Facility | LIBOR plus | Minimum
Debt Instrument [Line Items]
Spread interest rate		1.50%
Old Revolving Credit Facility | LIBOR plus | Maximum
Debt Instrument [Line Items]
Spread interest rate		2.00%
Old Revolving Credit Facility | Prime plus | Minimum
Debt Instrument [Line Items]
Spread interest rate		0.50%
Old Revolving Credit Facility | 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, 2017	Jan. 31, 2016	Jan. 31, 2015
Current
Federal	$ 22,925	$ 47,585	$ 46,989
State and city	4,034	5,910	5,978
Foreign	6,150	7,768	5,688
Current Income Tax Expense (Benefit), Total	33,109	61,263	58,655
Deferred
Federal	(4,776)	3,458	1,422
State and city	(2,807)	535	(67)
Foreign	298	(456)	(560)
Deferred Income Tax Expense (Benefit), Total	(7,285)	3,537	795
Income tax expense	25,824	64,800	59,450
Income before income taxes
United States	55,363	149,578	133,709
Non-United States	22,399	29,555	34,732
Income before income taxes	$ 77,762	$ 179,133	$ 168,441

INCOME TAXES - Summary of Signi

INCOME TAXES - Summary of Significant Components of Net Deferred Tax Assets (Detail 1) - USD ($) $ in Thousands	Jan. 31, 2017	Jan. 31, 2016
Deferred tax assets
Compensation	$ 10,323	$ 13,045
Straight-line lease	4,279	3,713
Provision for bad debts and sales allowances	11,919	11,180
Supplemental employee retirement plan	519	378
Inventory write-downs	10,163	3,581
Net operating loss	2,274	1,637
Other	2,343	1,812
Total deferred tax assets	41,820	35,346
Deferred tax liabilities
Depreciation and amortization	(14,724)	(15,981)
Intangibles	(21,347)	(21,772)
Prepaid expenses and other	(3,383)	(3,362)
Other	(817)	(507)
Total deferred tax liabilities	(40,271)	(41,622)
Net deferred tax assets (liability)	$ 1,549	$ (6,276)

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, 2017	Jan. 31, 2016	Jan. 31, 2015
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	1.00%	2.40%	2.30%
Permanent differences resulting in Federal taxable income	9.60%	3.60%	2.90%
Foreign tax rate differential	(1.70%)	(1.40%)	0.10%
ASC 718 Adoption	(3.80%)
Foreign tax credit	(6.50%)	(3.10%)	(6.50%)
Other, net	(0.40%)	(0.30%)	1.50%
Actual provision for income taxes	33.20%	36.20%	35.30%

INCOME TAXES - Reconciliation56

INCOME TAXES - Reconciliation of the beginning and ending amounts of gross unrecognized tax benefits (Detail 3) - USD ($)	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at February 1,	$ 1,094	$ 1,094	$ 1,094
Additions based on tax positions related to the current year	0	0	0
Additions for tax positions of prior years	0	0	0
Reductions for tax positions of prior years	0	0	0
Settlements	0	0	0
Lapses of statutes of limitations	0	0	0
Balance at January 31,	$ 1,094	$ 1,094	$ 1,094

INCOME TAXES (Detail Textuals)

INCOME TAXES (Detail Textuals) - USD ($)	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Income Taxes [Line Items]
Deferred tax liabilities related to intangible assets	$ 21,347,000	$ 21,772,000
Undistributed earnings of foreign subsidiaries	32,000,000
Increase in unrecognized tax position reserve for current year accrual of interest and penalties	$ 125,000
Commercial foreign sourced income tax rate	11.60%
Unrecognized tax benefits (inclusive of tax, interest and penalties)	$ 1,600,000
Switzerland
Income Taxes [Line Items]
Deferred tax liabilities related to intangible assets	$ 13,800,000	$ 14,300,000

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, 2017USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,018	$ 95,882
2,019	93,359
2,020	86,243
2,021	76,336
2,022	63,379
Thereafter	163,799
Future minimum rental payments for operating leases, total	$ 578,998

COMMITMENTS AND CONTINGENCIES59

COMMITMENTS AND CONTINGENCIES - Future Minimum Royalty and Advertising Payments (Detail 1) - Royalty and Advertising Payments $ in Thousands	Jan. 31, 2017USD ($)
Licenses Agreements [Line Items]
2,018	$ 143,531
2,019	105,884
2,020	100,540
2,021	83,287
2,022	188,095
Thereafter	185,295
Future minimum royalty and advertising payments, total	$ 806,632

COMMITMENTS AND CONTINGENCIES60

COMMITMENTS AND CONTINGENCIES (Detail Textuals) - USD ($) $ in Millions	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Commitment And Contingencies [Line Items]
Rent expense	$ 84.7	$ 75.6	$ 72.6
Advertising expense	89.5	81.9	71.5
License Agreements
Commitment And Contingencies [Line Items]
Royalty expense	139	123.7	109.6
Advertising expense	$ 39.2	$ 36.1	$ 32.1
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	20.00%

STOCKHOLDERS' EQUITY - Restrict

STOCKHOLDERS' EQUITY - Restricted Stock (Detail) - $ / shares	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016
Awards Outstanding
Unvested, beginning balance	2,048,883	2,091,412
Granted	630,642	507,319
Vested	(678,164)	(549,848)
Canceled	(2,500)
Unvested, ending balance	1,998,861	2,048,883
Weighted Average Grant Date Fair Value
Unvested, beginning balance	$ 30.79	$ 23.80
Granted	25.82	47.36
Vested	22.43	19.40
Canceled	17.95
Unvested, ending balance	$ 31.70	$ 30.79

STOCKHOLDERS' EQUITY - Informat

STOCKHOLDERS' EQUITY - Information Regarding All Stock Options (Detail 1) - $ / shares	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Shares
Stock options outstanding at beginning of year	331,651	469,176	536,976
Exercised	(20,520)	(37,525)	(67,800)
Granted
Cancelled or forfeited	(60,000)	(100,000)
Stock options outstanding at end of year	251,131	331,651	469,176
Exercisable	251,131	253,151	250,176
Weighted Average Exercise Price
Stock options outstanding at beginning of year	$ 10.59	$ 11.16	$ 11.11
Exercised	12.65	11.11	10.76
Granted
Cancelled or forfeited	15.87	13.08
Stock options outstanding at end of year	9.16	10.59	11.16
Exercisable	$ 9.16	$ 9.07	$ 8.63

STOCKHOLDERS' EQUITY - Summary

STOCKHOLDERS' EQUITY - Summary of Information about Stock Options Outstanding (Detail 2)	12 Months Ended
	Jan. 31, 2017$ / sharesshares
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number, Outstanding Shares | shares	251,131
Number, Exercisable Shares | shares	251,131
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	113,800
Weighted Average Remaining Contractual Life	1 year 2 months 27 days
Weighted Average Exercise Price	$ 6.61
Number, Exercisable Shares | shares	113,800
Weighted Average Exercise Price, Exercisable	$ 6.61
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	84,265
Weighted Average Remaining Contractual Life	7 months 6 days
Weighted Average Exercise Price	$ 9.23
Number, Exercisable Shares | shares	84,265
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	36,400
Weighted Average Remaining Contractual Life	4 years 29 days
Weighted Average Exercise Price	$ 12.98
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	16,666
Weighted Average Remaining Contractual Life	5 years 2 months 9 days
Weighted Average Exercise Price	$ 17.85
Number, Exercisable Shares | shares	16,666
Weighted Average Exercise Price, Exercisable	$ 17.85

STOCKHOLDERS' EQUITY (Detail Te

STOCKHOLDERS' EQUITY (Detail Textuals) - USD ($)	Apr. 01, 2015	Jun. 30, 2014	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015	Dec. 31, 2015
Stockholders Equity [Line Items]
Stock split of common stock	two-for-one
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
Proceeds from exercise of stock options			$ 260,000	$ 417,000	729,000
Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Shares available for grant			1,504,807
Restricted Stock Units (RSUs) | Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Recognized compensation expense			$ 16,800,000	15,600,000	11,600,000
Unrecognized stock compensation related to unvested option awards			$ 40,700,000	42,000,000	32,200,000
Restricted Stock Units (RSUs) | Minimum
Stockholders Equity [Line Items]
Vesting and exercise period of awards			3 years
Restricted Stock Units (RSUs) | Minimum | Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Vesting and exercise period of awards			3 years
Restricted Stock Units (RSUs) | Maximum
Stockholders Equity [Line Items]
Vesting and exercise period of awards			5 years
Restricted Stock Units (RSUs) | Maximum | Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Vesting and exercise period of awards			5 years
Stock Options
Stockholders Equity [Line Items]
Weighted average remaining term for stock options outstanding			1 year 8 months 12 days
Aggregate intrinsic value for stock options outstanding			$ 4,300,000
Proceeds from exercise of stock options			260,000	417,000
Intrinsic value of stock options exercised			936,000	1,700,000
Recognized compensation expense			$ 126,000	$ 153,000	$ 541,000
Stock Options | Maximum | Long-Term Incentive Stock Plan
Stockholders Equity [Line Items]
Vesting and exercise period of awards			10 years

MAJOR CUSTOMERS (Detail Textual

MAJOR CUSTOMERS (Detail Textuals)	12 Months Ended
	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Customer One
Revenue, Major Customer [Line Items]
Percentage of net sales from major customer	21.80%	20.80%	18.70%

EMPLOYEE BENEFIT PLANS (Detail

EMPLOYEE BENEFIT PLANS (Detail Textuals) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2016	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Defined Contribution 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		$ 2,900,000	$ 2,300,000	$ 2,000,000
DKI
Defined Contribution Plan Disclosure [Line Items]
Percentage of employee's compensation matched by employer		7.00%
Employer matching percentage of employee contributions		50.00%
Defined contribution plan, matching contributions	$ 52,000
Maximum | DKI
Defined Contribution Plan Disclosure [Line Items]
Defined contribution plan, employee contribution percentage for which employer contributes a matching contribution		3.50%

SEGMENTS - Information Regardin

SEGMENTS - Information Regarding Reportable Segments (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Segment Reporting Information [Line Items]
Net sales		$ 603,289	$ 883,476	$ 442,267	$ 457,403	$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 2,386,435	$ 2,344,142	$ 2,116,855
Cost of goods sold										1,545,574	1,505,504	1,359,596
Gross profit		$ 198,097	$ 321,452	$ 155,643	$ 165,669	$ 178,814	$ 337,057	$ 168,340	$ 154,427	840,861	838,638	757,259
Selling, general and administrative										704,436	628,762	571,990
Depreciation and amortization										32,481	25,392	20,374
Asset impairments										10,480
Operating profit (loss)										93,464	184,484	164,895
Operating Segments | Wholesale
Segment Reporting Information [Line Items]
Net sales										2,014,386	1,949,646	1,745,894
Cost of goods sold										1,382,162	1,348,109	1,220,489
Gross profit										632,224	601,537	525,405
Selling, general and administrative										457,785	398,476	349,535
Depreciation and amortization										21,483	17,413	13,454
Operating profit (loss)										152,956	185,648	162,416
Operating Segments | Retail
Segment Reporting Information [Line Items]
Net sales										474,217	514,027	499,284
Cost of goods sold										267,427	276,926	267,430
Gross profit										206,790	237,101	231,854
Selling, general and administrative										246,651	230,286	222,455
Depreciation and amortization										10,998	7,979	6,920
Asset impairments										10,480
Operating profit (loss)										(61,339)	(1,164)	2,479
Elimination
Segment Reporting Information [Line Items]
Net sales	[1]									(102,168)	(119,531)	(128,323)
Cost of goods sold	[1]									(104,015)	(119,531)	(128,323)
Gross profit	[1]									1,847
Selling, general and administrative	[1]
Depreciation and amortization	[1]
Operating profit (loss)	[1]									$ 1,847
[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, 2017	Jan. 31, 2016
Segment Reporting Information [Line Items]
Total assets	$ 1,851,944	$ 1,184,070
Corporate
Segment Reporting Information [Line Items]
Total assets	146,333	210,599
Operating Segments | Wholesale
Segment Reporting Information [Line Items]
Total assets	1,477,259	763,353
Operating Segments | Retail
Segment Reporting Information [Line Items]
Total assets	$ 228,352	$ 210,118

SEGMENTS - Method of Overhead A

SEGMENTS - Method of Overhead Allocation (Detail 2) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 603,289	$ 883,476	$ 442,267	$ 457,403	$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 2,386,435	$ 2,344,142	$ 2,116,855
Long-Lived Assets	969,006				281,630				969,006	281,630	247,852
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									2,180,409	2,157,889	1,956,589
Long-Lived Assets	790,341				150,949				790,341	150,949	132,822
Non-United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									206,026	186,253	160,266
Long-Lived Assets	$ 178,665				$ 130,681				$ 178,665	$ 130,681	$ 115,030

SEGMENTS (Detail Textuals)

SEGMENTS (Detail Textuals) $ in Millions	12 Months Ended
	Jan. 31, 2017USD ($)Segment	Jan. 31, 2016USD ($)	Jan. 31, 2015USD ($)
Segment Reporting [Abstract]
Number of operating segments | Segment	2
Capital expenditures for outside of United States | $	$ 4.6	$ 4.5	$ 6.4

OTHER INCOME (Detail Textuals)

OTHER INCOME (Detail Textuals) - USD ($) $ in Thousands	12 Months Ended
	Jan. 31, 2016	Jan. 31, 2015
Business Acquisition [Line Items]
Income from minority interest		$ (1,370)
Gain on repurchase of unsecured promissory notes		1,893
Vilebrequin
Business Acquisition [Line Items]
Gain on revised estimated contingent consideration payable	$ 899,000	4,200
Compensation for termination of agreement		3,500
Proceeds from the sale of interest in joint venture		1,900
Gain on repurchase of unsecured promissory notes		$ 1,900
Karl Lagerfeld North America joint venture
Business Acquisition [Line Items]
Income from minority interest	$ 272,000

EQUITY INVESTMENT (Detail Textu

EQUITY INVESTMENT (Detail Textuals) € in Millions, $ in Millions	1 Months Ended
	Feb. 29, 2016USD ($)	Feb. 29, 2016EUR (€)	Jun. 30, 2015USD ($)	Jan. 31, 2017
KH1
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest	19.00%	19.00%		19.00%
Amount paid to acquired interest in joint venture	$ 35.4	€ 32.5
KLBV
Schedule of Equity Method Investments [Line Items]
Amount paid to acquired interest in joint venture			$ 25
KLNA
Schedule of Equity Method Investments [Line Items]
Percent of interest acquired in joint venture				49.00%

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Detail Textuals) - USD ($) shares in Millions	Dec. 01, 2016	Jan. 31, 2017	Jan. 31, 2016
Related Party Transaction [Line Items]
Debt instrument interest rate		2.00%
LVMH
Related Party Transaction [Line Items]
Shares issued	2.6
Shares value	$ 75,000,000
Percentage of beneficial ownership	5.40%
LVMH | Junior lien secured promissory note
Related Party Transaction [Line Items]
Principal amount	$ 125,000,000
Debt instrument interest rate	2.00%
Interest paid		$ 212,000
Interest payable		212,000
Balance amount due		$ 7,300,000
KLNA
Related Party Transaction [Line Items]
Percentage of ownership interest		49.00%
Royalty and advertising expense		$ 4,000,000	$ 1,000,000
Balance amount due		$ 656,000	$ 60,000

QUARTERLY FINANCIAL DATA (UNA74

QUARTERLY FINANCIAL DATA (UNAUDITED) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 31, 2017	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 603,289	$ 883,476	$ 442,267	$ 457,403	$ 527,428	$ 909,865	$ 473,884	$ 432,965	$ 2,386,435	$ 2,344,142	$ 2,116,855
Gross profit	198,097	321,452	155,643	165,669	178,814	337,057	168,340	154,427	840,861	838,638	757,259
Net income (loss) attributable to G-III (in dollars)	$ (20,104)	$ 70,564	$ (1,293)	$ 2,771	$ 7,964	$ 87,156	$ 12,453	$ 6,760	$ 51,938	$ 114,333	$ 110,361
Net income (loss) per common share
Basic (in dollars per share)	$ (0.42)	$ 1.54	$ (0.03)	$ 0.06	$ 0.17	$ 1.92	$ 0.28	$ 0.15	$ 1.12	$ 2.52	$ 2.55
Diluted (in dollars per share)	$ (0.42)	$ 1.50	$ (0.03)	$ 0.06	$ 0.17	$ 1.87	$ 0.27	$ 0.15	$ 1.10	$ 2.46	$ 2.48

SCHEDULE II - VALUATION AND Q75

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS (Detail) - USD ($) $ in Thousands		12 Months Ended
		Jan. 31, 2017	Jan. 31, 2016	Jan. 31, 2015
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period		$ 74,261	$ 53,441	$ 54,987
Charged to Costs and Expenses		266,945	212,660	162,817
Deductions	[1]	245,520	191,840	164,363
Balance at End of Period		95,686	74,261	53,441
Allowance for doubtful accounts
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period		1,346	1,074	642
Charged to Costs and Expenses		682	515	584
Deductions	[1]	836	243	152
Balance at End of Period		1,192	1,346	1,074
Reserve for sales allowances
Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	[2]	72,915	52,367	54,345
Charged to Costs and Expenses	[2]	266,263	212,145	162,233
Deductions	[1],[2]	244,684	191,597	164,211
Balance at End of Period	[2]	$ 94,494	$ 72,915	$ 52,367
[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.