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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Income Statement [Abstract]    
Net sales $ 69,666 $ 146,549
Cost of sales 37,773 67,676
Gross profit 31,893 78,873
Selling, general and administrative 58,137 73,899
Impairment of goodwill and intangible assets (Note 6) 155,919 0
Total operating expenses 214,056 73,899
Operating (loss)/income [1],[2],[3] (182,163) 4,974
Interest expense (271) (224)
Interest income 15 21
(Loss)/income before income taxes (182,419) 4,771
(Benefit)/provision for income taxes (Note 12) (32,330) 847
Net (loss)/income (150,089) 3,924
Less: Net loss attributable to noncontrolling interests (96) (1)
Net (loss)/income attributable to Movado Group, Inc. $ (149,993) $ 3,925
Basic (loss)/income per share:    
Weighted basic average shares outstanding 23,141 23,119
Net (loss)/income per share attributable to Movado Group, Inc. $ (6.48) $ 0.17
Diluted (loss)/income per share:    
Weighted diluted average shares outstanding 23,141 23,452
Net (loss)/income per share attributable to Movado Group, Inc. $ (6.48) $ 0.17
[1] For the three months ended April 30, 2020, in the United States locations and the International locations of the Watch and Accessory Brands segment, operating loss included a charge of $4.7 million and $2.5 million, respectively, related to the corporate initiatives that the Company took in response to the impact on its business due to the COVID-19 pandemic.
[2] For the three months ended April 30, 2020, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $99.7 million, related to the impairment of goodwill and intangible assets associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the three months ended April 30, 2020, operating loss included a charge of $56.2 million related to the impairment of goodwill associated with the Olivia Burton brand and City Time Joint Venture.
[3] For the three months ended April 30, 2020 and 2019, in the United States locations of the Watch and Accessory Brands segment, operating loss included a charge of $0.7 million and $1.5 million, respectively, related to the amortization of intangible assets, deferred compensation and certain acquisition accounting adjustments associated with the MVMT brand. In addition, in the International locations of the Watch and Accessory Brands segment, for the three months ended April 30, 2020 and 2019, operating loss included $0.7 million and $0.7 million, respectively, of expenses primarily related to the amortization of acquired intangible assets, as a result of the Company’s acquisition of the Olivia Burton brand.