G-III Apparel (GIII) 10-Q 8 Dec 17 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Oct. 31, 2017	Dec. 01, 2017
Document And Entity Information Abstract
Entity Registrant Name	G III APPAREL GROUP LTD /DE/
Entity Central Index Key	821,002
Trading Symbol	giii
Current Fiscal Year End Date	--01-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock Shares Outstanding		49,080,953
Document Type	10-Q
Document Period End Date	Oct. 31, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
CURRENT ASSETS
Cash and cash equivalents	$ 68,229	$ 79,957	$ 44,996
Accounts receivable, net of allowances for doubtful accounts and sales discounts	601,179	263,881	537,073
Inventories	592,822	483,269	490,555
Prepaid income taxes		8,885
Deferred income taxes, net			17,571
Prepaid expenses and other current assets	34,841	46,946	16,326
Total current assets	1,297,071	882,938	1,106,521
INVESTMENTS IN UNCONSOLIDATED AFFILIATES	60,642	61,171	61,456
PROPERTY AND EQUIPMENT, NET	98,522	102,571	101,579
OTHER ASSETS	33,883	36,181	25,244
OTHER INTANGIBLES, NET	47,076	48,558	9,910
DEFERRED INCOME TAX ASSETS, NET	16,169	15,849
TRADEMARKS, NET	441,490	435,414	68,637
GOODWILL	264,200	269,262	50,094
TOTAL ASSETS	2,259,053	1,851,944	1,423,441
CURRENT LIABILITIES
Notes payable			91,334
Accounts payable	216,860	217,902	181,653
Accrued expenses	128,891	95,275	103,844
Income tax payable	22,949	2,242	25,184
Total current liabilities	368,700	315,419	402,015
NOTES PAYABLE, net of note discount and unamortized issuance costs	726,608	461,756
DEFERRED INCOME TAXES, NET	16,325	14,300	21,575
OTHER NON-CURRENT LIABILITIES	40,488	39,233	29,949
TOTAL LIABILITIES	1,152,121	830,708	453,539
STOCKHOLDERS' EQUITY
Preferred stock; 1,000 shares authorized; No shares issued and outstanding
Common stock - $0.01 par value; 120,000 shares authorized; 49,196, 46,407 and 49,016 shares issued, respectively	247	253	235
Additional paid-in capital	447,555	437,777	359,149
Accumulated other comprehensive loss	(15,499)	(27,722)	(20,526)
Retained earnings	675,084	612,418	632,534
Common stock held in treasury, at cost - 115, 376 and 376 shares, respectively	(455)	(1,490)	(1,490)
TOTAL STOCKHOLDERS' EQUITY	1,106,932	1,021,236	969,902
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,259,053	$ 1,851,944	$ 1,423,441

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares shares in Thousands	Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
Statement Of Financial Position [Abstract]
Preferred stock, shares authorized ( in shares)	1,000	1,000	1,000
Preferred stock, shares issued ( in shares)	0	0	0
Preferred stock, shares outstanding ( in shares)	0	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized ( in shares)	120,000	120,000	120,000
Common stock, shares issued ( in shares)	49,196	49,016	46,407
Treasury stock, shares ( in shares)	115	376	376

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2017	Oct. 31, 2016
Income Statement [Abstract]
Net sales	$ 1,024,993	$ 883,476	$ 2,092,040	$ 1,783,145
Cost of goods sold	634,128	562,024	1,296,428	1,140,381
Gross profit	390,865	321,452	795,612	642,764
Selling, general and administrative expenses	242,740	198,274	636,000	504,547
Depreciation and amortization	6,906	8,033	27,480	22,898
Operating profit	141,219	115,145	132,132	115,319
Equity earnings (loss) in unconsolidated affiliates	612	(1,437)	(540)	(820)
Interest and financing charges, net	(13,884)	(1,701)	(33,472)	(3,999)
Income before income taxes	127,947	112,007	98,120	110,500
Income tax expense	46,322	41,443	35,454	38,458
Net income	$ 81,625	$ 70,564	$ 62,666	$ 72,042
Basic:
Net income per common share (in dollars per share)	$ 1.67	$ 1.54	$ 1.29	$ 1.58
Weighted average number of shares outstanding (in shares)	48,846	45,918	48,729	45,713
Diluted:
Net income per common share (in dollars per share)	$ 1.65	$ 1.50	$ 1.27	$ 1.53
Weighted average number of shares outstanding (in shares)	49,528	46,902	49,410	46,947
Net income	$ 81,625	$ 70,564	$ 62,666	$ 72,042
Other comprehensive income:
Foreign currency translation adjustments	4,182	(59)	12,223	3,163
Other comprehensive income (loss)	4,182	(59)	12,223	3,163
Comprehensive income	$ 85,807	$ 70,505	$ 74,889	$ 75,205

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Cash flows from operating activities
Net income	$ 62,666	$ 72,042
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	27,480	22,898
Loss on disposal of fixed assets	2,832	1,295
Equity loss in unconsolidated affiliates	540	820
Equity based compensation	15,362	13,265
Deferred income taxes		(2,682)
Deferred financing charges and debt discount amortization	8,185	609
Changes in operating assets and liabilities:
Accounts receivable, net	(336,818)	(315,426)
Inventories	(108,284)	(4,986)
Income taxes, net	29,573	48,526
Prepaid expenses and other current assets	12,314	5,851
Other assets, net	8,455	(279)
Accounts payable, accrued expenses and other liabilities	32,103	40,816
Net cash used in operating activities	(245,592)	(117,251)
Cash flows from investing activities
Investment in unconsolidated affiliate	(49)	(35,432)
Capital expenditures	(21,428)	(18,400)
Net cash used in investing activities	(21,477)	(53,832)
Cash flows from financing activities
Proceeds from borrowing - revolving credit facility, net	258,527	91,334
Taxes paid for net share settlement	(6,114)	(6,955)
Debt issuance costs		(690)
Proceeds from exercise of equity awards	1,532	260
Net cash provided by financing activities	253,945	83,949
Foreign currency translation adjustments	1,396	(457)
Net decrease in cash and cash equivalents	(11,728)	(87,591)
Cash and cash equivalents at beginning of period	79,957	132,587
Cash and cash equivalents at end of period	68,229	44,996
Cash payments:
Interest, net	24,664	3,163
Income tax payments (refund), net	$ 4,564	$ (7,534)

Basis of Presentation

Basis of Presentation	9 Months Ended
	Oct. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation As used in these financial statements, the term “Company” or “G-III” refers to G-III Apparel Group, Ltd. and its subsidiaries. The Company designs, manufactures and markets an extensive range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage. The Company also operates retail stores and licenses its proprietary brands under several product categories. The Company consolidates the accounts of its wholly-owned and majority-owned subsidiaries. KL North America B.V. (“KLNA”) is a Dutch limited liability company that is a joint venture that is 49% owned by the Company. Karl Lagerfeld Holding B.V. (“KLH”), formerly known as Kingdom Holdings 1 B.V., is a Dutch limited liability company that is 19% owned by the Company. Fabco Holding B.V. (“Fabco”) is a Dutch limited liability company that is a joint venture that is 49% 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 that is wholly-owned by the Company, KLH and KLNA report results on a calendar year basis rather than on the January 31 fiscal year basis used by the Company. The Company’s retail stores report results on a 52/53-week fiscal year. The results for the three and nine-month periods ended October 31, 2017 are not necessarily indicative of the results expected for the entire fiscal year, given the recent acquisition and integration of Donna Karan International Inc.(“DKI”) and the seasonal nature of the Company’s business. The accompanying financial statements included herein are unaudited. All adjustments (consisting of only normal recurring adjustments) necessary for a fair presentation of the financial position, results of operations and cash flows for the interim period presented have been reflected. The accompanying financial statements should be read in conjunction with the financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2017 filed with the Securities and Exchange Commission (the “SEC”). The Company’s international subsidiaries use different functional currencies, which are the local selling currency. In accordance with the authoritative guidance, operating 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 loss within stockholders’ equity.

Acquisition of Donna Karan Inte

Acquisition of Donna Karan International	9 Months Ended
	Oct. 31, 2017
Business Combinations [Abstract]
Acquisition of Donna Karan International	Note 2 – Acquisition of Donna Karan International On December 1, 2016, G-III acquired all of the outstanding capital stock of DKI from LVMH Moet Hennessy Louis Vuitton Inc. (“LVMH”) for a total purchase price of approximately $669.8 million. DKI owns Donna Karan and DKNY, two of the world’s most iconic and recognizable power brands. DKI sells its products through department stores, specialty retailers and online retailers worldwide, as well as through company-operated retail stores, e-commerce sites and distribution agreements. 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. The results of DKI have been included in the Company’s consolidated financial statements since the date of acquisition. Allocation of the purchase price consideration The Company initially recognized goodwill of approximately $220.6 million in connection with the acquisition of DKI. Under Accounting Standards Codification (“ASC”) 805 — Business Combinations, a company may adjust preliminary amounts recognized at the acquisition date to their subsequently determined final fair values during the measurement period. The measurement period is the period after the acquisition date during which the acquirer may adjust the balance sheet amounts recognized for a business combination (generally up to one year from the date of acquisition). The following table summarizes the fair values of the assets acquired and liabilities assumed at the date of acquisition, as adjusted: (In thousands) Preliminary Cash and cash equivalents $ 44,375 Accounts receivable 16,129 * Inventories 13,716 * Prepaid expenses & other current assets 22,235 * Property, plant and equipment 15,414 * Goodwill 212,803 * Tradenames 370,000 Other intangibles 40,000 Other long-term assets 2,703 Total assets acquired 737,375 Accounts payable (21,436 ) Accrued expense (39,087 )* Income taxes payable (3,443 ) Other long-term liabilities (3,631 ) Total liabilities assumed (67,597 ) Total fair value of acquisition consideration (net of  $40 million imputed debt discount) $ 669,778 * In the three and nine months ended October 31, 2017, the Company reduced goodwill by $1.3 million and $7.8 million, respectively, due to certain adjustments related to unrecorded indemnification obligations from LVMH to us, asset reserves and fixed assets. There was no change to the purchase price; however, the estimates of fair value of assets acquired and liabilities assumed are preliminary and subject to change based on finalizing the election under Internal Revenue Code Section 338(h)(10) which may have an impact on purchase price. 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 integrated into G-III’s credit and collection operating system and both entities are expected to share several processes such as information technology, finance, logistics, human resources, sourcing and overseas quality control. The Company and the seller have made an election under Internal Revenue Code Section 338(h)(10). Accordingly, the book and tax basis of the acquired domestic 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.

Investment in Unconsolidated Af

Investment in Unconsolidated Affiliates	9 Months Ended
	Oct. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]
Investment in Unconsolidated Affiliates	Note 3 – Investment in Unconsolidated Affiliates Investment in Fabco Holding B.V. In August 2017, the Company entered into a joint venture agreement with Amlon Capital B.V. (“Amlon”), a private company incorporated in the Netherlands, to produce and market women’s and men’s apparel and accessories pursuant to a long-term license for DKNY and Donna Karan in the People’s Republic of China, including Macau, Hong Kong and Taiwan. The Company owns 49% of the joint venture, with Amlon owning the remaining 51%. The joint venture will be funded with $25 million of equity to be used to strengthen the DKNY and Donna Karan brands and accelerate the growth of the business in the region. Of this amount, G-III is required to contribute an aggregate of $10.0 million to the joint venture by August 2018. G-III funded $49,000 of this amount upon the signing of the joint venture agreement. As of January 1, 2018, this joint venture will be the exclusive seller of women’s and men’s apparel, handbags, luggage and certain accessories under the DKNY and Donna Karan brands in the territory. The investment in Fabco, 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 October 31, 2017. Investment in Karl Lagerfeld Holding B.V. In February 2016, the Company acquired a 19% minority interest in KLH, 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) for this interest. 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 KLH, 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 October 31, 2017.

Inventories

Inventories	9 Months Ended
	Oct. 31, 2017
Inventory Disclosure [Abstract]
Inventories	Note 4 – Inventories Subsequent to the adoption of Accounting Standard Update 2015-11 (Inventory - Topic 330), wholesale inventories are stated at the lower of cost (determined by the first-in, first out method) or net realizable value which comprises a significant portion of the Company’s inventory. Retail inventories are valued at the lower of cost or market as determined by the retail inventory method. Vilebrequin inventories are stated at the lower of cost (determined by the weighted average method) or net realizable value. Almost all of the Company’s inventories consist of finished goods.

Net Income per Common Share

Net Income per Common Share	9 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Net Income per Common Share	Note 5 – Net Income per Common Share 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 awards and stock options outstanding during the period. In addition, all share based payments outstanding that vest based on the achievement of performance and/or market price conditions, and for which the respective performance and/or market price conditions have not been achieved, have been excluded from the diluted per share calculation. Approximately 1.1 million shares of common stock have been excluded from the diluted net income per share calculation for the nine months ended October 31, 2017. For the nine months ended October 31, 2017, the Company issued 179,302 shares of common stock and utilized 261,208 shares of treasury stock in connection with the exercise or vesting of equity awards. For the nine months ended October 31, 2016, the Company issued 194,618 shares of common stock and utilized 291,181 shares of treasury stock in connection with the exercise or vesting of equity awards. The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share: Three Months Ended Nine Months Ended October 31, October 31, 2017 2016 2017 2016 (In thousands, except per share amounts) Net income attributable to G-III $ 81,625 $ 70,564 $ 62,666 $ 72,042 Basic net income per share: Basic common shares 48,846 45,918 48,729 45,713 Basic net income per share $ 1.67 $ 1.54 $ 1.29 $ 1.58 Diluted net income per share: Basic common shares 48,846 45,918 48,729 45,713 Diluted restricted stock awards and stock options 682 984 681 1,234 Diluted common shares 49,528 46,902 49,410 46,947 Diluted net income per share $ 1.65 $ 1.50 $ 1.27 $ 1.53

Notes Payable

Notes Payable	9 Months Ended
	Oct. 31, 2017
Debt Disclosure [Abstract]
Notes Payable	Note 6 – Notes Payable Notes Payable consists of the following (in thousands): October 31, 2017 October 31, 2016 January 31, 2017 Prior revolving credit facility $ — $ 91,334 $ — Term loan 300,000 — 300,000 New revolving credit facility 349,648 — 91,121 Note issued to LVMH 125,000 — 125,000 Subtotal 774,648 91,334 516,121 Less: Net debt issuance costs and debt discount (1) (48,040 ) — (54,365 ) Total $ 726,608 $ 91,334 $ 461,756 (1) This table does not include the debt issuance costs, net of amortization, totaling $10.1 million and $11.9 million as of October 31, 2017 and January 31, 2017, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are classified in prepaid expense in the accompanying Consolidated Condensed Balance Sheet as permitted under ASU 2015-15. 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 was 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 relieved 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. As of October 31, 2017, interest under the Term Loan was being paid at an average rate of 6.47% per annum. The Term Loan is secured by certain assets of the Company and certain of its subsidiaries. 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 October 31, 2017, the Company was in compliance with these covenants. New Revolving Credit Facility Upon closing of the acquisition of DKI, the Company’s prior credit agreement (the “prior 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. As of October 31, 2017, interest under the new revolving credit agreement was being paid at the average rate of 2.42% per annum. 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 accrues at a rate equal to 0.25% per annum on the average daily amount of the unutilized commitments. As of October 31, 2017, the Company had $349.6 million of borrowings outstanding under the new revolving credit facility, all of which are classified as long-term liabilities. As of October 31, 2017, there were outstanding trade and standby letters of credit amounting to $4.5 million and $3.4 million, respectively. LVMH Note As part 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. ASC 820 - Fair Value Measurements requires the note to be recorded at fair value. As a result, the Company recorded debt discount in the amount of $40.0 million. This discount is being amortized as interest expense using the effective interest method over the term of the LVMH Note.

Segments

Segments	9 Months Ended
	Oct. 31, 2017
Segment Reporting [Abstract]
Segments	Note 7 – Segments The Company’s reportable segments are business units that offer products through different channels of distribution. The Company has two reportable segments: wholesale operations and retail operations. The wholesale operations segment 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 three and nine-month periods indicated below: Three Months Ended October 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 966,820 $ 118,709 $ (60,536 ) $ 1,024,993 Cost of goods sold 636,878 57,786 (60,536 ) 634,128 Gross profit 329,942 60,923 — 390,865 Selling, general and administrative 174,679 68,061 — 242,740 Depreciation and amortization 6,790 116 — 6,906 Operating profit (loss) $ 148,473 $ (7,254 ) $ — $ 141,219 Three Months Ended October 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 794,382 $ 107,238 $ (18,144 ) $ 883,476 Cost of goods sold 521,359 58,809 (18,144 ) 562,024 Gross profit 273,023 48,429 — 321,452 Selling, general and administrative 140,356 57,918 — 198,274 Depreciation and amortization 5,169 2,864 — 8,033 Operating profit (loss) $ 127,498 $ (12,353 ) $ — $ 115,145 Nine Months Ended October 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 1,887,902 $ 324,329 $ (120,191 ) $ 2,092,040 Cost of goods sold 1,251,368 165,251 (120,191 ) 1,296,428 Gross profit 636,534 159,078 — 795,612 Selling, general and administrative 433,324 202,676 — 636,000 Depreciation and amortization 20,403 7,077 — 27,480 Operating profit (loss) $ 182,807 $ (50,675 ) $ — $ 132,132 Nine Months Ended October 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 1,538,096 $ 302,188 $ (57,139 ) $ 1,783,145 Cost of goods sold 1,029,829 167,691 (57,139 ) 1,140,381 Gross profit 508,267 134,497 — 642,764 Selling, general and administrative 333,906 170,641 — 504,547 Depreciation and amortization 15,539 7,359 — 22,898 Operating profit (loss) $ 158,822 $ (43,503 ) $ — $ 115,319 (1) Represents intersegment sales to the Company’s retail operations. The total assets for each of the Company’s reportable segments are as follows: October 31, 2017 October 31, 2016 January 31, 2017 (In thousands) Wholesale $ 1,871,373 $ 1,072,994 $ 1,477,259 Retail 251,649 227,743 228,352 Corporate (1) 136,031 122,704 146,333 Total Assets $ 2,259,053 $ 1,423,441 $ 1,851,944 (1) Includes assets not allocated to either reportable segment.

Canadian Customs Duty Examinati

Canadian Customs Duty Examination	9 Months Ended
	Oct. 31, 2017
Canadian Customs Duty Examination [Abstract]
Canadian Customs Duty Examination	Note 8 – Canadian Customs Duty Examination In October 2017, the Canada Border Service Agency (“CBSA”) issued a final audit report to G-III Apparel Canada ULC (“G-III Canada”), a wholly-owned subsidiary of the Company. The report challenged the valuation used by G-III Canada for certain goods imported into Canada. The period covered by the examination is February 1, 2014 through the date of the final report, October 27, 2017. The CBSA has requested G-III Canada to reassess its customs entries for that period using the price paid or payable by the Canadian retail customers for certain imported goods rather than the price paid by G-III Canada to the vendor. The CBSA has also requested that G-III Canada change the valuation method used to pay duties with respect to future imported goods. G-III Canada is required to make a pre-payment to the CBSA of the additional duties as a result of the reassessment within 90 days of the date the final report was issued even though G-III Canada intends to appeal this reassessment. The Company has estimated the amount of additional duties that could be payable to the CBSA to be between $9 million to $15 million, plus interest. G-III Canada, based on the advice of counsel, believes it has positions that support its ability to receive a refund of this amount on appeal and intends to vigorously contest the findings of the CBSA.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Oct. 31, 2017
Accounting Changes And Error Corrections [Abstract]
Recent Accounting Pronouncements	Note 9 – Recent Accounting Pronouncements Accounting Guidance Issued Being Evaluated for Adoption In May 2017, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU 2017-09, “ Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting In January 2017, the FASB issued ASU 2017-04, “ Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-01, “ Business Combinations (Topic 805): Clarifying the Definition of a Business In October 2016, the FASB issued ASU 2016-16, “ Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments In January 2016, the FASB issued ASU 2016-01, “ Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In May 2014, the FASB issued ASU 2014-09, " Revenue from Contracts with Customers (Topic 606) Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Identifying Performance Obligations and Licensing Narrow-Scope Improvements and Practical Expedients Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Oct. 31, 2017
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation As used in these financial statements, the term “Company” or “G-III” refers to G-III Apparel Group, Ltd. and its subsidiaries. The Company designs, manufactures and markets an extensive range of apparel, including outerwear, dresses, sportswear, swimwear, women’s suits and women’s performance wear, as well as women’s handbags, footwear, small leather goods, cold weather accessories and luggage. The Company also operates retail stores and licenses its proprietary brands under several product categories. The Company consolidates the accounts of its wholly-owned and majority-owned subsidiaries. KL North America B.V. (“KLNA”) is a Dutch limited liability company that is a joint venture that is 49% owned by the Company. Karl Lagerfeld Holding B.V. (“KLH”), formerly known as Kingdom Holdings 1 B.V., is a Dutch limited liability company that is 19% owned by the Company. Fabco Holding B.V. (“Fabco”) is a Dutch limited liability company that is a joint venture that is 49% 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 that is wholly-owned by the Company, KLH and KLNA report results on a calendar year basis rather than on the January 31 fiscal year basis used by the Company. The Company’s retail stores report results on a 52/53-week fiscal year. The results for the three and nine-month periods ended October 31, 2017 are not necessarily indicative of the results expected for the entire fiscal year, given the recent acquisition and integration of Donna Karan International Inc.(“DKI”) and the seasonal nature of the Company’s business. The accompanying financial statements included herein are unaudited. All adjustments (consisting of only normal recurring adjustments) necessary for a fair presentation of the financial position, results of operations and cash flows for the interim period presented have been reflected. The accompanying financial statements should be read in conjunction with the financial statements and notes included in the Company’s Annual Report on Form 10-K for the fiscal year ended January 31, 2017 filed with the Securities and Exchange Commission (the “SEC”). The Company’s international subsidiaries use different functional currencies, which are the local selling currency. In accordance with the authoritative guidance, operating 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 loss within stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Guidance Issued Being Evaluated for Adoption In May 2017, the Financial Accounting Standard Board (“FASB”) issued Accounting Standards Update (“ASU”) ASU 2017-09, “ Compensation — Stock Compensation (Topic 718): Scope of Modification Accounting In January 2017, the FASB issued ASU 2017-04, “ Intangibles — Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In January 2017, the FASB issued ASU 2017-01, “ Business Combinations (Topic 805): Clarifying the Definition of a Business In October 2016, the FASB issued ASU 2016-16, “ Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory In August 2016, the FASB issued ASU 2016-15, “ Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In February 2016, the FASB issued ASU 2016-02, “ Leases (Topic 842) Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments In January 2016, the FASB issued ASU 2016-01, “ Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities In May 2014, the FASB issued ASU 2014-09, " Revenue from Contracts with Customers (Topic 606) Amendments to SEC Paragraphs Pursuant to the Staff Announcement at the July 20, 2017 EITF Meeting and Rescission of Prior SEC Staff Announcements and Observer Comments Principal versus Agent Considerations (Reporting Revenue Gross versus Net) Identifying Performance Obligations and Licensing Narrow-Scope Improvements and Practical Expedients Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers

Acquisition of Donna Karan In16

Acquisition of Donna Karan International (Tables)	9 Months Ended
	Oct. 31, 2017
Business Combinations [Abstract]
Schedule of allocation of purchase price consideration	(In thousands) Preliminary Cash and cash equivalents $ 44,375 Accounts receivable 16,129 * Inventories 13,716 * Prepaid expenses & other current assets 22,235 * Property, plant and equipment 15,414 * Goodwill 212,803 * Tradenames 370,000 Other intangibles 40,000 Other long-term assets 2,703 Total assets acquired 737,375 Accounts payable (21,436 ) Accrued expense (39,087 )* Income taxes payable (3,443 ) Other long-term liabilities (3,631 ) Total liabilities assumed (67,597 ) Total fair value of acquisition consideration (net of  $40 million imputed debt discount) $ 669,778 * In the three and nine months ended October 31, 2017, the Company reduced goodwill by $1.3 million and $7.8 million, respectively, due to certain adjustments related to unrecorded indemnification obligations from LVMH to us, asset reserves and fixed assets.

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	9 Months Ended
	Oct. 31, 2017
Earnings Per Share [Abstract]
Schedule of reconciliation between basic and diluted net income per share	Three Months Ended Nine Months Ended October 31, October 31, 2017 2016 2017 2016 (In thousands, except per share amounts) Net income attributable to G-III $ 81,625 $ 70,564 $ 62,666 $ 72,042 Basic net income per share: Basic common shares 48,846 45,918 48,729 45,713 Basic net income per share $ 1.67 $ 1.54 $ 1.29 $ 1.58 Diluted net income per share: Basic common shares 48,846 45,918 48,729 45,713 Diluted restricted stock awards and stock options 682 984 681 1,234 Diluted common shares 49,528 46,902 49,410 46,947 Diluted net income per share $ 1.65 $ 1.50 $ 1.27 $ 1.53

Notes Payable (Tables)

Notes Payable (Tables)	9 Months Ended
	Oct. 31, 2017
Debt Disclosure [Abstract]
Schedule of long-term debt	October 31, 2017 October 31, 2016 January 31, 2017 Prior revolving credit facility $ — $ 91,334 $ — Term loan 300,000 — 300,000 New revolving credit facility 349,648 — 91,121 Note issued to LVMH 125,000 — 125,000 Subtotal 774,648 91,334 516,121 Less: Net debt issuance costs and debt discount (1) (48,040 ) — (54,365 ) Total $ 726,608 $ 91,334 $ 461,756 (1) This table does not include the debt issuance costs, net of amortization, totaling $10.1 million and $11.9 million as of October 31, 2017 and January 31, 2017, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are classified in prepaid expense in the accompanying Consolidated Condensed Balance Sheet as permitted under ASU 2015-15.

Segments (Tables)

Segments (Tables)	9 Months Ended
	Oct. 31, 2017
Segment Reporting [Abstract]
Schedule of information regarding reportable segments	Three Months Ended October 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 966,820 $ 118,709 $ (60,536 ) $ 1,024,993 Cost of goods sold 636,878 57,786 (60,536 ) 634,128 Gross profit 329,942 60,923 — 390,865 Selling, general and administrative 174,679 68,061 — 242,740 Depreciation and amortization 6,790 116 — 6,906 Operating profit (loss) $ 148,473 $ (7,254 ) $ — $ 141,219 Three Months Ended October 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 794,382 $ 107,238 $ (18,144 ) $ 883,476 Cost of goods sold 521,359 58,809 (18,144 ) 562,024 Gross profit 273,023 48,429 — 321,452 Selling, general and administrative 140,356 57,918 — 198,274 Depreciation and amortization 5,169 2,864 — 8,033 Operating profit (loss) $ 127,498 $ (12,353 ) $ — $ 115,145 Nine Months Ended October 31, 2017 Wholesale Retail Elimination (1) Total Net sales $ 1,887,902 $ 324,329 $ (120,191 ) $ 2,092,040 Cost of goods sold 1,251,368 165,251 (120,191 ) 1,296,428 Gross profit 636,534 159,078 — 795,612 Selling, general and administrative 433,324 202,676 — 636,000 Depreciation and amortization 20,403 7,077 — 27,480 Operating profit (loss) $ 182,807 $ (50,675 ) $ — $ 132,132 Nine Months Ended October 31, 2016 Wholesale Retail Elimination (1) Total Net sales $ 1,538,096 $ 302,188 $ (57,139 ) $ 1,783,145 Cost of goods sold 1,029,829 167,691 (57,139 ) 1,140,381 Gross profit 508,267 134,497 — 642,764 Selling, general and administrative 333,906 170,641 — 504,547 Depreciation and amortization 15,539 7,359 — 22,898 Operating profit (loss) $ 158,822 $ (43,503 ) $ — $ 115,319 (1) Represents intersegment sales to the Company’s retail operations.
Schedule of total assets for each reportable segments	October 31, 2017 October 31, 2016 January 31, 2017 (In thousands) Wholesale $ 1,871,373 $ 1,072,994 $ 1,477,259 Retail 251,649 227,743 228,352 Corporate (1) 136,031 122,704 146,333 Total Assets $ 2,259,053 $ 1,423,441 $ 1,851,944 (1) Includes assets not allocated to either reportable segment.

Basis of Presentation (Detail T

Basis of Presentation (Detail Textuals)	Oct. 31, 2017	Feb. 29, 2016
KL North America BV ("KLNA")
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest	49.00%
Karl Lagerfeld Holding B.V. ("KLH")
Schedule of Equity Method Investments [Line Items]
Percent of interest acquired in joint venture	19.00%
Percentage of ownership interest		19.00%
Fabco Holding B.V.("Fabco")
Schedule of Equity Method Investments [Line Items]
Percent of interest acquired in joint venture	49.00%

Acquisition of Donna Karan In21

Acquisition of Donna Karan International (Details) - USD ($) $ in Thousands		Oct. 31, 2017	Jan. 31, 2017	Dec. 01, 2016	Oct. 31, 2016
Business Acquisition [Line Items]
Goodwill		$ 264,200	$ 269,262	$ 220,600	$ 50,094
Donna Karan International Inc. ("DKI")
Business Acquisition [Line Items]
Cash and cash equivalents		44,375
Accounts receivable	[1]	16,129
Inventories	[1]	13,716
Prepaid expenses & other current assets	[1]	22,235
Property, plant and equipment	[1]	15,414
Goodwill	[1]	212,803
Tradenames		370,000
Other intangibles		40,000
Other long-term assets		2,703
Total assets acquired		737,375
Accounts payable		(21,436)
Accrued expense	[1]	(39,087)
Income taxes payable		(3,443)
Other long-term liabilities		(3,631)
Total liabilities assumed		(67,597)
Total fair value of acquisition consideration (net of $40 million imputed debt discount)		$ 669,778
[1]	In the three and nine months ended October 31, 2017, the Company reduced goodwill by $1.3 million and $7.8 million, respectively, due to certain adjustments related to unrecorded indemnification obligations from LVMH to us, asset reserves and fixed assets.

Acquisition of Donna Karan In22

Acquisition of Donna Karan International (Parentheticals) (Details) - Donna Karan International Inc. ("DKI") $ in Millions	3 Months Ended	9 Months Ended
	Oct. 31, 2017USD ($)	Oct. 31, 2017USD ($)
Business Acquisition [Line Items]
Debt discount	$ 40	$ 40
Reduction in Goodwill due to unrecorded indemnification assets	$ 1.3	$ 7.8

Acquisition of Donna Karan In23

Acquisition of Donna Karan International (Detail Textuals) - USD ($) $ in Thousands		Dec. 01, 2016	Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
Business Acquisition [Line Items]
Goodwill		$ 220,600	$ 264,200	$ 269,262	$ 50,094
Other intangible assets			47,076	$ 48,558	$ 9,910
Donna Karan International Inc. ("DKI")
Business Acquisition [Line Items]
Initial purchase price		$ 669,800
Goodwill	[1]		$ 212,803
Goodwill deductible period for tax purposes		15 years
Other intangible assets		$ 410,000
Donna Karan International Inc. ("DKI") | Tradenames
Business Acquisition [Line Items]
Other intangible assets		$ 370,000
Donna Karan International Inc. ("DKI") | Customer relationships
Business Acquisition [Line Items]
Intangible assets, estimated useful lives		17 years
Other intangible assets		$ 40,000
[1]	In the three and nine months ended October 31, 2017, the Company reduced goodwill by $1.3 million and $7.8 million, respectively, due to certain adjustments related to unrecorded indemnification obligations from LVMH to us, asset reserves and fixed assets.

Investment in Unconsolidated 24

Investment in Unconsolidated Affiliates (Details Textuals) $ in Thousands, € in Millions	1 Months Ended				9 Months Ended
	Aug. 31, 2018USD ($)	Aug. 31, 2017USD ($)	Feb. 29, 2016USD ($)	Feb. 29, 2016EUR (€)	Oct. 31, 2017USD ($)	Oct. 31, 2016USD ($)
Schedule of Equity Method Investments [Line Items]
Investment in unconsolidated affiliate					$ 49	$ 35,432
Amlon Capital B.V.
Schedule of Equity Method Investments [Line Items]
Percent of interest acquired in joint venture		49.00%
Equity issued in joint venture		$ 25,000
Investment in unconsolidated affiliate		$ 49
Amlon Capital B.V. | Subsequent Event
Schedule of Equity Method Investments [Line Items]
Amount of contribution required for joint venture	$ 10,000
Karl Lagerfeld Holding B.V. ("KLH")
Schedule of Equity Method Investments [Line Items]
Percentage of ownership interest			19.00%	19.00%
Amount of contribution required for joint venture			$ 35,400	€ 32.5
Percent of interest acquired in joint venture					19.00%

Net Income (Loss) per Common Sh

Net Income (Loss) per Common Share - Reconciliation between basic and diluted net income per share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2017	Oct. 31, 2016
Earnings Per Share [Abstract]
Net income attributable to G-III (in dollars)	$ 81,625	$ 70,564	$ 62,666	$ 72,042
Basic net income per share:
Basic common shares	48,846	45,918	48,729	45,713
Basic net income per share (in dollars per share)	$ 1.67	$ 1.54	$ 1.29	$ 1.58
Diluted net income per share:
Basic common shares	48,846	45,918	48,729	45,713
Diluted restricted stock awards and stock options	682	984	681	1,234
Diluted common shares	49,528	46,902	49,410	46,947
Diluted net income per share (in dollars per share)	$ 1.65	$ 1.50	$ 1.27	$ 1.53

Net Income (Loss) per Common 26

Net Income (Loss) per Common Share (Detail Textuals) - shares	9 Months Ended
	Oct. 31, 2017	Oct. 31, 2016
Earnings Per Share [Abstract]
Common stock excluded from the diluted net income per share calculation	1,100,000
Common stock issued in connection with exercise or vesting of equity awards	179,302	194,618
Shares release from treasury stock in connection with the exercise or vesting of equity awards	261,208	291,181

Notes Payable (Details)

Notes Payable (Details) - USD ($) $ in Thousands		Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
Debt Instrument [Line Items]
Subtotal		$ 774,648	$ 516,121	$ 91,334
Less: Net debt issuance costs and debt discount	[1]	(48,040)	(54,365)	0
Total		726,608	461,756	91,334
Prior revolving credit facility
Debt Instrument [Line Items]
Subtotal		0	0	91,334
Term loan
Debt Instrument [Line Items]
Subtotal		300,000	300,000	0
New revolving credit facility
Debt Instrument [Line Items]
Subtotal		349,648	91,121	0
Less: Net debt issuance costs and debt discount		(10,100)	(11,900)
Note issued to LVMH
Debt Instrument [Line Items]
Subtotal		$ 125,000	$ 125,000	$ 0
[1]	This table does not include the debt issuance costs, net of amortization, totaling $10.1 million and $11.9 million as of October 31, 2017 and January 31, 2017, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are classified in prepaid expense in the accompanying Consolidated Condensed Balance Sheet as permitted under ASU 2015-15.

Notes Payable (Detail Textuals)

Notes Payable (Detail Textuals) - USD ($) $ in Thousands		Dec. 01, 2016	Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
Debt Instrument [Line Items]
Debt issuance costs	[1]		$ 48,040	$ 54,365	$ 0
Senior secured term loan facility (the "Term Loan")
Debt Instrument [Line Items]
Maximum borrowing capacity			$ 350,000
Amortization payments percentage of original aggregate principal amount			0.625%
Prepayment of principle amount		$ 50,000
Floor rate			1.00%
Applicable margin			5.25%
Debt instrument interest rate			6.47%
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. As of October 31, 2017, interest under the Term Loan was being paid at an average rate of 6.47% per annum.
Senior secured term loan facility (the "Term Loan") | LIBOR plus
Debt Instrument [Line Items]
Spread interest rate			4.25%
Senior secured term loan facility (the "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
LIBOR rate for borrowing with an interest period of one month			0.25%
Debt instrument commitment fee percentage			0.25%
Term of credit agreement			5 years
Debt issuance costs			$ 10,100	$ 11,900
Debt instrument interest rate			2.42%
New revolving credit facility | Long-term liabilities
Debt Instrument [Line Items]
Borrowings outstanding			$ 349,600
New revolving credit facility | Trade letters of credit
Debt Instrument [Line Items]
Borrowings outstanding			4,500
New revolving credit facility | Standby letters of credit
Debt Instrument [Line Items]
Borrowings outstanding			$ 3,400
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
Debt instrument interest rate			2.00%
Debt discount			$ 40,000
LVMH Note | Notes Payable due on June 1, 2023
Debt Instrument [Line Items]
Note due and payable			75,000
LVMH Note | Notes Payable due on December 1, 2023
Debt Instrument [Line Items]
Note due and payable			$ 50,000
[1]	This table does not include the debt issuance costs, net of amortization, totaling $10.1 million and $11.9 million as of October 31, 2017 and January 31, 2017, respectively, related to the new revolving credit facility. The debt issuance costs have been deferred and are classified in prepaid expense in the accompanying Consolidated Condensed Balance Sheet as permitted under ASU 2015-15.

Segments - Information regardin

Segments - Information regarding reportable segments (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Oct. 31, 2017	Oct. 31, 2016	Oct. 31, 2017	Oct. 31, 2016
Segment Reporting Information [Line Items]
Net sales		$ 1,024,993	$ 883,476	$ 2,092,040	$ 1,783,145
Cost of goods sold		634,128	562,024	1,296,428	1,140,381
Gross profit		390,865	321,452	795,612	642,764
Selling, general and administrative		242,740	198,274	636,000	504,547
Depreciation and amortization		6,906	8,033	27,480	22,898
Operating profit (loss)		141,219	115,145	132,132	115,319
Operating Segments | Wholesale
Segment Reporting Information [Line Items]
Net sales		966,820	794,382	1,887,902	1,538,096
Cost of goods sold		636,878	521,359	1,251,368	1,029,829
Gross profit		329,942	273,023	636,534	508,267
Selling, general and administrative		174,679	140,356	433,324	333,906
Depreciation and amortization		6,790	5,169	20,403	15,539
Operating profit (loss)		148,473	127,498	182,807	158,822
Operating Segments | Retail
Segment Reporting Information [Line Items]
Net sales		118,709	107,238	324,329	302,188
Cost of goods sold		57,786	58,809	165,251	167,691
Gross profit		60,923	48,429	159,078	134,497
Selling, general and administrative		68,061	57,918	202,676	170,641
Depreciation and amortization		116	2,864	7,077	7,359
Operating profit (loss)		(7,254)	(12,353)	(50,675)	(43,503)
Elimination
Segment Reporting Information [Line Items]
Net sales	[1]	(60,536)	(18,144)	(120,191)	(57,139)
Cost of goods sold	[1]	(60,536)	(18,144)	(120,191)	(57,139)
Gross profit	[1]	0	0	0	0
Selling, general and administrative	[1]	0	0	0	0
Depreciation and amortization	[1]	0	0	0	0
Operating profit (loss)	[1]	$ 0	$ 0	$ 0	$ 0
[1]	Represents intersegment sales to the Company's retail operations.

Segments - Information of total

Segments - Information of total assets for company's reportable segments (Details 1) - USD ($) $ in Thousands		Oct. 31, 2017	Jan. 31, 2017	Oct. 31, 2016
Segment Reporting Information [Line Items]
Total Assets		$ 2,259,053	$ 1,851,944	$ 1,423,441
Corporate
Segment Reporting Information [Line Items]
Total Assets	[1]	136,031	146,333	122,704
Operating Segments | Wholesale
Segment Reporting Information [Line Items]
Total Assets		1,871,373	1,477,259	1,072,994
Operating Segments | Retail
Segment Reporting Information [Line Items]
Total Assets		$ 251,649	$ 228,352	$ 227,743
[1]	Includes assets not allocated to either reportable segment.

Segments (Detail Textuals)

Segments (Detail Textuals)	9 Months Ended
	Oct. 31, 2017Segment
Segment Reporting [Abstract]
Number of reportable segments	2

Canadian Customs Duty Examina32

Canadian Customs Duty Examination (Details Textuals) - Canadian Border Service Agency $ in Millions	9 Months Ended
	Oct. 31, 2017USD ($)
Minimum
Canadian Customs Duty Examination [Line Items]
Estimated amount of additional duties payable to CBSA	$ 9
Maximum
Canadian Customs Duty Examination [Line Items]
Estimated amount of additional duties payable to CBSA	$ 15

Recent Accounting Pronounceme33

Recent Accounting Pronouncements (Details Textuals) $ in Millions	9 Months Ended
	Oct. 31, 2017USD ($)
Selling general and administrative expenses
New Accounting Pronouncement, Early Adoption [Line Items]
Reclassifications of operating expenses	$ 26
Minimum
New Accounting Pronouncement, Early Adoption [Line Items]
Transition adjustment estimated retained earnings	23
Maximum
New Accounting Pronouncement, Early Adoption [Line Items]
Transition adjustment estimated retained earnings	$ 30