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v3.26.1

Segment and Geographic Information (Tables) | 3 Months Ended
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Apr. 30, 2026
Segment Reporting [Abstract] |
Summary of Net Sales in the International Locations | The following table summarizes the Company's net sales in the International locations by region as a percentage of the Company's total net sales for the three months ended April 30, 2026 and 2025.
|  | Three Months Ended April 30, |
|  | 2026 |  |  | 2025 |
Europe |  |  | 34.7 | % |  |  | 33.6 | %
Americas (excluding the United States) |  |  | 11.9 | % |  |  | 10.9 | %
Asia |  |  | 7.5 | % |  |  | 6.3 | %
Middle East |  |  | 4.1 | % |  |  | 7.7 | %
Total International Operations |  |  | 58.2 | % |  |  | 58.5 | %
Operating Segment Data | Operating Segment Data as of and for the Three Months Ended April 30, 2026 and 2025 (in thousands):
|  | Net Sales |
|  | 2026 |  |  | 2025 |
Watch and Accessory Brands: |  |  |  |  |  |
Owned brands category |  | $ | 35,610 |  |  | $ | 33,132 |
Licensed brands category |  |  | 85,497 |  |  |  | 80,243 |
After-sales service and all other |  |  | 2,592 |  |  |  | 1,427 |
Total Watch and Accessory Brands |  |  | 123,699 |  |  |  | 114,802 |
Company Stores |  |  | 18,703 |  |  |  | 16,967 |
Consolidated total |  | $ | 142,402 |  |  | $ | 131,769 |
|  | Watch and Accessory Brands |  | Company Stores |  | Consolidated Total |  |  | Watch and Accessory Brands |  | Company Stores |  | Consolidated Total |
|  | 2026 |  | 2026 |  | 2026 |  |  | 2025 |  | 2025 |  | 2025 |
Net sales |  | $ | 123,699 |  | $ | 18,703 |  | $ | 142,402 |  |  | $ | 114,802 |  | $ | 16,967 |  | $ | 131,769 |
Cost of sales |  |  | 53,426 |  |  | 7,383 |  |  | 60,809 |  |  |  | 53,958 |  |  | 6,461 |  |  | 60,419 |
Gross profit |  |  | 70,273 |  |  | 11,320 |  |  | 81,593 |  |  |  | 60,844 |  |  | 10,506 |  |  | 71,350 |
Selling, general and administrative |  |  | 63,666 |  |  | 10,912 |  |  | 74,578 |  |  |  | 60,853 |  |  | 10,206 |  |  | 71,059 |
Operating income/(loss) (1) (2) |  | $ | 6,607 |  | $ | 408 |  | $ | 7,015 |  |  | $ | (9 | ) | $ | 300 |  | $ | 291 |
Other income, net |  |  |  |  |  |  | 1,961 |  |  |  |  |  |  |  | 1,760 |
Interest expense |  |  |  |  |  |  | (102 | ) |  |  |  |  |  |  | (111 | )
Income before income taxes |  |  |  |  |  | $ | 8,874 |  |  |  |  |  |  | $ | 1,940 |
Depreciation and amortization |  | $ | 1,784 |  | $ | 528 |  | $ | 2,312 |  |  | $ | 1,735 |  | $ | 545 |  | $ | 2,280 |
(1) The operating income/(loss) in the Watch and Accessory Brands Segment included $11.5 million and $8.0 million of unallocated corporate expenses for the three months ended April 30, 2026 and 2025, respectively, and $12.9 million and $14.0 million of certain intercompany profits related to the Company's supply chain operations for the three months ended April 30, 2026 and 2025, respectively. (2) The operating income in the Watch and Accessory Brands segment for the three months ended April 30, 2026, included a pre-tax charge of $0.5 million related to the investigation of misconduct within the Dubai branch of the Company's Swiss subsidiary. The operating (loss) in the Watch and Accessory Brands segment included a pre-tax charge of $0.6 million related to the Company's cost-savings initiative for the three months ended April 30, 2025.
|  | Total Assets |  |  | Capital Expenditures |
|  | April 30, 2026 |  |  | January 31, 2026 |  |  | April 30, 2025 |  |  | April 30, 2026 |  |  | April 30, 2025 |
Watch and Accessory Brands |  | $ | 679,008 |  |  | $ | 690,068 |  |  | $ | 685,095 |  |  | $ | 1,081 |  |  | $ | 1,103 |
Company Stores |  |  | 55,002 |  |  |  | 52,553 |  |  |  | 62,083 |  |  |  | 73 |  |  |  | 430 |
Consolidated total |  | $ | 734,010 |  |  | $ | 742,621 |  |  | $ | 747,178 |  |  | $ | 1,154 |  |  | $ | 1,533 |
Geographic Segment Data | Geographic Location Data as of and for the Three Months Ended April 30, 2026 and 2025 (in thousands):
|  | Net Sales |  |
|  | 2026 |  |  | 2025 |  |
United States |  | $ | 59,456 |  |  | $ | 54,700 |  |
International |  |  | 82,946 |  |  |  | 77,069 |  |
Consolidated total |  | $ | 142,402 |  |  | $ | 131,769 |  |
United States and International net sales are net of intercompany sales of $78.5 million and $74.0 million for the three months ended April 30, 2026 and 2025, respectively. Long-Lived Assets consist of Operating Right-of-Use Assets and Property, Plant and Equipment, Net.
|  | Long-Lived Assets |
|  | April 30, 2026 |  |  | January 31, 2026 |  |  | April 30, 2025 |
United States |  | $ | 58,827 |  |  | $ | 62,267 |  |  | $ | 72,803 |
International |  |  | 20,883 |  |  |  | 22,711 |  |  |  | 29,164 |
Consolidated total |  | $ | 79,710 |  |  | $ | 84,978 |  |  | $ | 101,967 |
|  | Operating Right-of-Use Assets |
|  | April 30, 2026 |  |  | January 31, 2026 |  |  | April 30, 2025 |
United States |  | $ | 47,661 |  |  | $ | 50,705 |  |  | $ | 59,645 |
International |  |  | 15,644 |  |  |  | 17,168 |  |  |  | 22,373 |
Consolidated total |  | $ | 63,305 |  |  | $ | 67,873 |  |  | $ | 82,018 |
|  | Property, Plant and Equipment, Net |
|  | April 30, 2026 |  |  | January 31, 2026 |  |  | April 30, 2025 |
United States |  | $ | 11,166 |  |  | $ | 11,562 |  |  | $ | 13,158 |
International |  |  | 5,239 |  |  |  | 5,543 |  |  |  | 6,791 |
Consolidated total |  | $ | 16,405 |  |  | $ | 17,105 |  |  | $ | 19,949 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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