G-III Apparel Group, LTD. (GIII) Financial Statements (2024 and earlier)

Company Profile

Business Address 512 SEVENTH AVE
NEW YORK, NY 10018
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

10/31/2023
MRQ
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1924663521977046
Cash and cash equivalents1924663521977046
Receivables675606493530502294
Inventory, net of allowances, customer advances and progress billings709512417552576553
Inventory709512417552576553
Prepaid expense142134171725
Other undisclosed current assets624849728841
Total current assets:1,6531,6531,3441,3691,254960
Noncurrent Assets
Operating lease, right-of-use asset240170186270
Property, plant and equipment544957768698
Long-term investments and receivables246664626762
Long-term investments246664626762
Intangible assets, net (including goodwill), including:663747742738743751
Goodwill  263263261261263
Intangible assets, net (excluding goodwill)66363479477482489
Other undisclosed intangible assets, net (including goodwill)  422    
Deferred income tax assets264518
Other noncurrent assets535539333532
Other undisclosed noncurrent assets     2211
Total noncurrent assets:1,0601,0901,0921,196954956
TOTAL ASSETS:2,7122,7432,4362,5652,2081,915
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities285375254315337347
Taxes payable10128920
Accounts payable170237139205225232
Accrued liabilities11612810310210395
Debt1364464  
Customer refund liability908799233244 
Other liabilities1212  
Other undisclosed current liabilities684344   
Total current liabilities:579511402614581347
Noncurrent Liabilities
Long-term debt and lease obligation484658670646387391
Long-term debt, excluding current maturities484515508397387391
Liabilities, other than long-term debt2655328155256
Deferred tax liabilities, net1516
Deferred income tax liabilities4540208
Other liabilities1513773740
Operating lease, liability205143162249
Total noncurrent liabilities:749711697661438447
Total liabilities:1,3281,2221,0991,2741,019794
Temporary equity, carrying amount(1)01   
Equity
Equity, attributable to parent1,3851,5201,3361,2911,1891,121
Common stock000000
Treasury stock, value(56)(39)(27)(37)(19)(0)
Additional paid in capital469456448452464452
Accumulated other comprehensive loss(12)(15)(2)(18)(15)(6)
Retained earnings9841,117917893759675
Total equity:1,3851,5201,3361,2911,1891,121
TOTAL LIABILITIES AND EQUITY:2,7122,7432,4362,5652,2081,915

Income Statement (P&L) ($ in millions)

10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Revenues3,2272,7672,0553,1603,0762,807
Revenue, net2,807
Cost of revenue
(Cost of Goods and Services Sold)
(2,126)(1,778)(1,311)(2,043)(1,969)(1,752)
Gross profit:1,1019887441,1181,1071,055
Operating expenses(861)(677)(662)(890)(876)(901)
Other undisclosed operating loss(350)     
Operating income (loss):(109)31183228231154
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
28103(1)(3)(0)
Interest and debt expense   (7)(10)(10)(11)
Other undisclosed loss from continuing operations before equity method investments, income taxes     (34)(33)
Income (loss) from continuing operations before equity method investments, income taxes:(82)32180216184110
Other undisclosed loss from continuing operations before income taxes(57)(50)(44)(34)  
Income (loss) from continuing operations before income taxes:(138)27136182184110
Income tax expense (benefit)4(71)(12)(38)(46)(48)
Income (loss) from continuing operations:(134)2002414413862
Income before gain (loss) on sale of properties:2002414413862
Net income (loss):(134)2002414413862
Net income attributable to noncontrolling interest100   
Net income (loss) available to common stockholders, diluted:(133)2012414413862

Comprehensive Income ($ in millions)

10/31/2023
TTM
1/31/2023
1/31/2022
1/31/2021
1/31/2020
1/31/2019
1/31/2018
Net income (loss):(134)2002414413862
Other comprehensive income (loss)3(12)(16)(3)(10)22
Comprehensive income (loss):(131)188814112884
Comprehensive income, net of tax, attributable to noncontrolling interest100   
Other undisclosed comprehensive loss, net of tax, attributable to parent(3)(1)(0)   
Comprehensive income (loss), net of tax, attributable to parent:(133)187814112884

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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