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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2018
Jul. 31, 2017
Jul. 31, 2018
Jul. 31, 2017
Comprehensive income, net of taxes:        
Net income $ 9,140 $ 5,482 $ 17,255 $ 1,323
Net unrealized gain on investments, net of tax (benefit) of $14, $6, $19 and $0, respectively 50 13 64 1
Net change in effective portion of hedging contracts, net of tax (benefit) of $(5), $(53), $(20) and $(79), respectively 23 (266) (104) (411)
Foreign currency translation adjustments (4,675) 10,838 (19,901) [1] 9,108 [1]
Total other comprehensive (loss) / income, net of taxes (4,602) 10,585 (19,941) 8,698
Total comprehensive income / (loss) attributed to Movado Group, Inc. $ 4,538 $ 16,067 $ (2,686) $ 10,021
[1] The currency translation adjustment is not adjusted for income taxes to the extent that it relates to permanent investments of earnings in international subsidiaries.