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Segment and Geographic Information | 12 Months Ended
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Jan. 31, 2017
Segment Reporting [Abstract] |
Segment and Geographic Information | NOTE 13 – SEGMENT AND GEOGRAPHIC INFORMATION The Company follows accounting guidance related to disclosures about segments of an enterprise and related information. This guidance requires disclosure of segment data based on how management makes decisions about allocating resources to segments and measuring their performance. The Company conducts its business in two operating segments: Wholesale and Retail. The Company’s Wholesale segment includes the designing, manufacturing and distribution of watches of quality luxury brands and licensed brands, in addition to revenue generated from after-sales service activities and shipping. The Retail segment includes the Company’s retail outlet locations. The Company divides its business into two major geographic locations: United States operations, and International, which includes the results of all non-U.S. Company operations. The allocation of geographic revenue is based upon the location of the customer. The Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 23.1%, 8.9%, 8.1% and 6.3%, respectively, of the Company’s total net sales for fiscal 2017. For fiscal 2016, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 21.2%, 10.5%, 7.4% and 6.1%, respectively, of the Company’s total net sales. For fiscal 2015, the Company’s International operations in Europe, the Americas (excluding the United States), the Middle East and Asia accounted for 18.9%, 11.4%, 7.1% and 8.0%, respectively, of the Company’s total net sales. Substantially all of the Company’s International assets are located in Switzerland and Hong Kong. Operating Segment Data as of and for the Fiscal Year Ended January 31, (in thousands):
| Net Sales (3) |
| 2017 |  |  | 2016 |  |  | 2015 |
Wholesale: |  |  |  |  |  |  |  |  |  |  |
Luxury brands category | $ | 205,396 |  |  | $ | 219,012 |  |  | $ | 212,684 |
Licensed brands category |  | 265,137 |  |  |  | 297,227 |  |  |  | 294,316 |
After-sales service and all other |  | 13,911 |  |  |  | 13,770 |  |  |  | 15,260 |
Total Wholesale |  | 484,444 |  |  |  | 530,009 |  |  |  | 522,260 |
Retail |  | 68,308 |  |  |  | 64,914 |  |  |  | 64,720 |
Consolidated total | $ | 552,752 |  |  | $ | 594,923 |  |  | $ | 586,980 |
| Operating Income (1) (2) (4) (5) |
| 2017 |  |  | 2016 |  |  | 2015 |
Wholesale | $ | 41,773 |  |  | $ | 58,242 |  |  | $ | 58,236 |
Retail |  | 12,208 |  |  |  | 11,865 |  |  |  | 13,251 |
Consolidated total | $ | 53,981 |  |  | $ | 70,107 |  |  | $ | 71,487 |
| Total Assets |  |  | Capital Expenditures |
| 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |  |  | 2015 |
Wholesale | $ | 584,518 |  |  | $ | 562,547 |  |  | $ | 5,666 |  |  | $ | 5,902 |  |  | $ | 9,321 |
Retail |  | 23,284 |  |  |  | 22,623 |  |  |  | 254 |  |  |  | 2,168 |  |  |  | 1,811 |
Consolidated total | $ | 607,802 |  |  | $ | 585,170 |  |  | $ | 5,920 |  |  | $ | 8,070 |  |  | $ | 11,132 |
| Depreciation and Amortization |
| 2017 |  |  | 2016 |  |  | 2015 |
Wholesale | $ | 9,875 |  |  | $ | 11,561 |  |  | $ | 11,053 |
Retail |  | 1,632 |  |  |  | 1,595 |  |  |  | 1,416 |
Consolidated total | $ | 11,507 |  |  | $ | 13,156 |  |  | $ | 12,469 |
Geographic Location Data as of and for the Fiscal Year Ended January 31, (in thousands):
| Net Sales (3) |  |  | Operating Income (1) (2) (4) (5) |
| 2017 |  |  | 2016 |  |  | 2015 |  |  | 2017 |  |  | 2016 |  |  | 2015 |
United States | $ | 296,311 |  |  | $ | 326,206 |  |  | $ | 320,425 |  |  | $ | 16,917 |  |  | $ | 29,867 |  |  | $ | 18,811 |
International |  | 256,441 |  |  |  | 268,717 |  |  |  | 266,555 |  |  |  | 37,064 |  |  |  | 40,240 |  |  |  | 52,676 |
Consolidated total | $ | 552,752 |  |  | $ | 594,923 |  |  | $ | 586,980 |  |  | $ | 53,981 |  |  | $ | 70,107 |  |  | $ | 71,487 |
| Total Assets |  |  | Property, Plant and Equipment, Net |
| 2017 |  |  | 2016 |  |  | 2017 |  |  | 2016 |
United States | $ | 207,246 |  |  | $ | 215,053 |  |  | $ | 19,197 |  |  | $ | 24,517 |
International |  | 400,556 |  |  |  | 370,117 |  |  |  | 14,976 |  |  |  | 14,036 |
Consolidated total | $ | 607,802 |  |  | $ | 585,170 |  |  | $ | 34,173 |  |  | $ | 38,553 |
(1) | Fiscal 2017 Wholesale and United States operating income included a pre-tax charge of $1.8 million, as a result of the immediate vesting of stock awards and certain other compensation related to the announcement of the retirement of Rick Coté, the Company’s former Vice Chairman and Chief Operating Officer, in fiscal 2017.
(2) | Fiscal 2016 Wholesale and United States and International operating income included a $4.0 million charge as a result of actions taken by the Company in fiscal 2016 to achieve greater operating efficiencies and streamline its operations.
(3) | The United States and International net sales are net of intercompany sales of $289.2 million, $309.1 million and $305.1 million for the fiscal years ended January 31, 2017, 2016 and 2015, respectively.
(4) | The United States operating income included $25.5 million, $27.0 million and $19.3 million of unallocated corporate expenses for the fiscal years ended January 31, 2017, 2016 and 2015, respectively.
(5) | The International operating income included $40.0 million, $44.5 million and $47.1 million of certain intercompany profits related to the Company’s supply chain operations for the fiscal years ended January 31, 2017, 2016 and 2015, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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