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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2019
Jan. 31, 2018
Current assets:    
Cash and cash equivalents $ 189,911 $ 214,811
Trade receivables, net 84,026 83,098
Inventories 165,311 151,676
Other current assets 28,898 32,015
Total current assets 468,146 481,600
Property, plant and equipment, net 26,067 24,671
Deferred and non-current income taxes 24,503 6,443
Goodwill 136,033 60,269
Other intangibles, net 48,183 23,124
Other non-current assets 56,769 49,273
Total assets 759,701 645,380
Current liabilities:    
Loans payable to bank, current   25,000
Accounts payable 38,650 24,364
Accrued liabilities 44,429 32,814
Accrued payroll and benefits 18,773 15,129
Income taxes payable 10,831 2,989
Total current liabilities 112,683 100,296
Loans payable to bank 50,280  
Deferred and non-current income taxes payable 29,242 33,063
Other non-current liabilities 67,120 41,686
Total liabilities 259,325 175,045
Commitments and contingencies (Note 9)
Redeemable noncontrolling interest 3,721  
Equity:    
Preferred Stock, $0.01 par value, 5,000,000 shares authorized; no shares issued
Capital in excess of par value 201,814 189,808
Retained earnings 431,180 388,739
Accumulated other comprehensive income 80,507 100,343
Treasury Stock, 11,268,492 and 11,046,671 shares, respectively, at cost (217,188) (208,894)
Total Movado Group, Inc. shareholders' equity 496,655 470,335
Total liabilities, redeemable noncontrolling interest and equity 759,701 645,380
Common Stock Class Undefined    
Equity:    
Common Stock 277 273
Total Movado Group, Inc. shareholders' equity [1] 277 273
Class A Common Stock    
Equity:    
Common Stock 65 66
Total Movado Group, Inc. shareholders' equity [2] $ 65 $ 66
[1] Each share of common stock is entitled to one vote per share on all matters submitted to a vote of the shareholders.
[2] Each share of class A common stock is entitled to 10 votes per share on all matters submitted to a vote of the shareholders. Each holder of class A common stock is entitled to convert, at any time, any and all of such shares into the same number of shares of common stock. Each share of class A common stock is converted automatically into common stock in the event that the beneficial or record ownership of such shares of class A common stock is transferred to any person, except to certain family members or affiliated persons deemed “permitted transferees” pursuant to the Company’s Restated Certificate of Incorporation as amended. The class A common stock is not publicly traded and consequently, there is currently no established public trading market for these shares.