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SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jan. 31, 2021

Accounting Policies [Abstract]

Schedule of reconciliation between basic and diluted net income per share

The following table reconciles the numerators and denominators used in the calculation of basic and diluted net income per share:

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​	​	​	​	​	​	​	​	​	​
​	​	Year Ended January 31,
​		2021			2020			2019
​	​	(In thousands, except per share amounts)
Net income attributable to G-III Apparel Group, Ltd.	​	$	23,545	​	$	143,837	​	$	138,067
Basic net income per share:	​	​	​	​	​	​	​	​	​
Basic common shares	​	​	48,242	​	​	48,209	​	​	49,140
Basic net income per share	​	$	0.49	​	$	2.98	​	$	2.81
​	​	​	​	​	​	​	​	​	​
Diluted net income per share:	​	​	​	​	​	​	​	​	​
Basic common shares	​	​	48,242	​	​	48,209	​	​	49,140
Dilutive restricted stock unit awards and stock options	​	​	539	​	​	686	​	​	1,134
Diluted common shares	​	​	48,781	​	​	48,895	​	​	50,274
Diluted net income per share	​	$	0.48	​	$	2.94	​	$	2.75

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

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The following table summarizes the carrying values and the estimated fair values of the Company’s debt instruments:

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Carrying Value

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Fair Value

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January 31,

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January 31,

January 31,

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January 31,

Financial Instrument

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Level

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2021

​

2020

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2021

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2020

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(In thousands)

Secured Notes

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2

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$

400,000

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$

—

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$

400,000

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$

—

Term loan

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2

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—

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300,000

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—

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300,000

Note issued to LVMH

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3

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107,869

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102,009

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101,810

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95,126

Unsecured loans

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2

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9,119

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2,860

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9,119

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2,860

Overdraft facilities

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2

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3,007

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—

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3,007

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—

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- References

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- Definition

Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements.

+ References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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