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CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
 12 Months Ended
Jan. 31, 2019
USD ($)
Jan. 31, 2018
USD ($)
Jan. 31, 2017
USD ($)
Cash flows from operating activities:      
Net income / (loss) attributable to Movado Group, Inc. $ 61,624 $ (15,225) $ 35,061
Adjustments to reconcile net income/ (loss) to net cash provided by operating activities:      
Depreciation and amortization 14,165 13,457 11,507
Transactional (gains) / losses 275 (1,011) 2,041
Provision for inventories and accounts receivable 4,910 3,792 2,757
Deferred income taxes (11,388) 461 (3,753)
Stock-based compensation 6,042 4,874 7,281
Impairment of long-term investment     1,282
Cost savings initiatives (281) 13,587  
(Benefit) / Charge for 2017 tax act (7,446) 45,002  
Other 70   78
Changes in assets and liabilities:      
Trade receivables (2,640) (9,286) 2,878
Inventories (4,234) 6,624 7,442
Other current assets 5,375 (3,824) 512
Accounts payable 6,082 (4,006) (401)
Accrued liabilities 2,623 (416) 244
Accrued payroll and benefits 3,851 1,672 (4,227)
Income taxes payable 5,252 (1,898) (2,479)
Other non-current assets 721 (6,630) (7,569)
Other non-current liabilities 1,169 7,551 5,499
Net cash provided by operating activities 86,170 54,724 58,153
Cash flows from investing activities:      
Capital expenditures (10,635) (5,810) (5,920)
Tradenames and other intangibles (492) (556) (328)
Short-term investment     (152)
Restricted cash deposits   1,018 (1,156)
Acquisitions, net of cash acquired (97,882) (78,991)  
Net cash used in investing activities (109,009) (84,339) (7,556)
Cash flows from financing activities:      
Proceeds from bank borrowings 50,296   3,000
Repayments of bank borrowings (25,000) (5,000) (13,000)
Stock options exercised and other changes 4,968 (159) (296)
Stock repurchase (7,418) (3,631) (3,864)
Purchase of incremental ownership of joint venture   (162) (1,320)
Debt issuance cost (689)    
Dividends paid (18,469) (11,934) (11,930)
Net cash provided / (used in) by financing activities 3,688 (20,886) (27,410)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (5,801) 9,033 4,904
Net (decrease) / increase in cash, cash equivalents and restricted cash (24,952) (41,468) 28,091
Cash, cash equivalents and restricted cash at beginning of year 215,411 256,879 228,788
Cash, cash equivalents and restricted cash at end of year 190,459 215,411 256,879
Reconciliation of cash, cash equivalents and restricted cash:      
Cash and cash equivalents 189,911 214,811 256,279
Restricted cash included in other non-current assets 548 600 600
Cash, cash equivalents and restricted cash at end of year $ 190,459 $ 215,411 $ 256,879