XML 32 R61.htm IDEA: XBRL DOCUMENT v3.20.1
Segment and Geographic Information - Geographic Location Data (Details) - USD ($)
$ in Thousands
 3 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Jan. 31, 2020
Revenues From External Customers And Long Lived Assets [Line Items]      
Net sales $ 69,666 $ 146,549  
Operating (Loss)/Income [1],[2],[3] (182,163) 4,974  
Total Assets [4],[5] 697,913 828,661 $ 847,308
Property, Plant and Equipment, Net 26,934 26,065 29,238
United States      
Revenues From External Customers And Long Lived Assets [Line Items]      
Net sales [6] 28,534 59,494  
Operating (Loss)/Income [1],[2],[3],[6] (119,990) (8,952)  
Total Assets [4] 303,428 384,816 425,018
Property, Plant and Equipment, Net 17,639 16,980 18,852
International      
Revenues From External Customers And Long Lived Assets [Line Items]      
Net sales [7] 41,132 87,055  
Operating (Loss)/Income [1],[2],[3],[7] (62,173) 13,926  
Total Assets [4] 394,485 443,845 422,290
Property, Plant and Equipment, Net $ 9,295 $ 9,085 $ 10,386
[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.
[4] The decrease in the United States total assets at April 30, 2020 from January 31, 2020 is primarily due to the impairment charges related to goodwill of $77.5 million and $22.2 million related to intangible assets. The decrease in the International total assets at April 30, 2020 from January 31, 2020 is primarily due to the impairment charge related to goodwill of $56.2 million.
[5] The decrease in total assets of the Watch and Accessory Brands segment at April 30, 2020 from January 31, 2020 is due primarily to the impairment charges related to goodwill of $133.7 million and $22.2 million related to intangible assets.
[6] The United States operating loss included $6.0 million and $9.0 million of unallocated corporate expenses for the three months ended April 30, 2020 and 2019, respectively.
[7] The International operating income included $11.1 million and $13.0 million of certain intercompany profits related to the Company’s supply chain operations for the three months ended April 30, 2020 and 2019, respectively.