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ACQUISITIONS AND INTANGIBLES (Tables) - DKI | 12 Months Ended
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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 |  |

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