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ACQUISITIONS AND INTANGIBLES (Tables) - DKI | 12 Months Ended
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Jan. 31, 2018
Business Acquisition [Line Items] |
Schedule of total consideration paid for acquisition |
| Initial Purchase Price |  |  |  | $ | 650,000 |  |
| plus: 338(h)(10) tax election adjustment |  |  |  |  | 38,100* |  |
| plus: aggregate adjustments to purchase price |  |  |  |  | 26,278 |  |
| Minus: LVMH Note discount |  |  |  |  | (40,000) |  |
| Total consideration |  |  |  | $ | 674,378 |  |
* Includes the final 338(h)(10) tax election adjustment.
Schedule of fair values of assets acquired and liabilities |
(In thousands) |  |
Cash and cash equivalents |  |  |  | $ | 44,375 |  |
Accounts receivable |  |  |  |  | 18,652 |  |
Inventories |  |  |  |  | 13,727 |  |
Prepaid expenses & other current assets |  |  |  |  | 22,907 |  |
Property, plant and equipment |  |  |  |  | 15,414 |  |
Goodwill |  |  |  |  | 211,675 |  |
Tradenames |  |  |  |  | 370,000 |  |
Other intangibles |  |  |  |  | 40,000 |  |
Other long-term assets |  |  |  |  | 3,052 |  |
Total assets acquired |  |  |  |  | 739,802 |  |
Accounts payable |  |  |  |  | (21,096) |  |
Accrued expense |  |  |  |  | (35,582) |  |
Income taxes payable |  |  |  |  | (3,661) |  |
Other long-term liabilities |  |  |  |  | (5,085) |  |
Total liabilities assumed |  |  |  |  | (65,424) |  |
Total fair value of acquisition consideration (net of   $40 million imputed debt discount) |  |  |  | $ | 674,378 |  |
Schedule of reconciliation of cash paid for the acquisition |
| Purchase price |  |  |  | $ | 674,378 |  |
| Minus cash acquired and non-cash consideration |  |  |  |  |  |  |
| Cash acquired |  |  |  |  | (44,375) |  |
| Note issued to LVMH, net of discount |  |  |  |  | (85,000) |  |
| 338(h)(10) election tax election adjustment – paid in fiscal 2019 |  |  |  |  | (4,600) |  |
| Common Stock issued to LVMH |  |  |  |  | (75,000) |  |
| Cash disbursed for the acquisition of DKI as of January 31, 2018 |  |  |  | $ | (465,403) |  |
Schedule of intangible assets |
|  |  |  |  |  | January 31, |
|  |  | Estimated Life |  |  | 2018 |  |  | 2017 |
|  |  |  |  |  | (In thousands) |
Finite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Licenses |  |  | 14 years |  |  |  | $ | 19,714 |  |  |  |  | $ | 18,846 |  |
Trademarks |  |  | 8 – 12 years |  |  |  |  | 2,194 |  |  |  |  |  | 2,194 |  |
Customer relationships |  |  | 15 – 17 years |  |  |  |  | 48,371 |  |  |  |  |  | 48,071 |  |
Other |  |  | 5 – 10 years |  |  |  |  | 5,876 |  |  |  |  |  | 4,387 |  |
Subtotal |  |  |  |  |  |  |  | 76,155 |  |  |  |  |  | 73,498 |  |
Accumulated amortization |  |  |  |  |  |  |  | (29,750) |  |  |  |  |  | (24,940) |  |
Total finite-lived intangible assets |  |  |  |  |  |  |  | 46,405 |  |  |  |  |  | 48,558 |  |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Goodwill |  |  |  |  |  |  |  | 262,710 |  |  |  |  |  | 269,262 |  |
Trademarks |  |  |  |  |  |  |  | 442,265 |  |  |  |  |  | 435,414 |  |
Total indefinite-lived intangible assets |  |  |  |  |  |  |  | 704,975 |  |  |  |  |  | 704,676 |  |
Total intangible assets, net |  |  |  |  |  |  | $ | 751,380 |  |  |  |  | $ | 753,234 |  |
Schedule of changes in amounts of goodwill |
|  |  | Wholesale |  |  | Retail |  |  | Total |
January 31, 2016 |  |  |  | $ | 48,721 |  |  |  |  | $ | 716 |  |  |  |  | $ | 49,437 |  |
DKI acquisition |  |  |  |  | 220,649 |  |  |  |  |  | — |  |  |  |  |  | 220,649 |  |
Currency translation |  |  |  |  | (824) |  |  |  |  |  | — |  |  |  |  |  | (824) |  |
January 31, 2017 |  |  |  |  | 268,546 |  |  |  |  |  | 716 |  |  |  |  |  | 269,262 |  |
Adjustments to acquired goodwill |  |  |  |  | (8,973) |  |  |  |  |  | — |  |  |  |  |  | (8,973) |  |
Goodwill impairment |  |  |  |  | — |  |  |  |  |  | (716) |  |  |  |  |  | (716) |  |
Currency translation |  |  |  |  | 3,137 |  |  |  |  |  | — |  |  |  |  |  | 3,137 |  |
January 31, 2018 |  |  |  | $ | 262,710 |  |  |  |  | $ | — |  |  |  |  | $ | 262,710 |  |
Schedule of estimated intangible amortization expense |
Year Ending January 31, |  |  | Amortization Expense |
|  |  | (In thousands) |
2019 |  |  |  |  | 4,453 |  |
2020 |  |  |  |  | 4,426 |  |
2021 |  |  |  |  | 3,903 |  |
2022 |  |  |  |  | 3,102 |  |
2023 |  |  |  |  | 3,057 |  |

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