Movado Group Inc. (MOV) financial statements (2020 and earlier)

Company profile

Business Address 650 FROM ROAD
PARAMUS, NJ 07652
State of Incorp. NY
Fiscal Year End January 31
SIC 3873 - Watches, Clocks, Clockwork Operated Devices, and Parts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments186190215256228200191
Cash and cash equivalents186190215256228200158
Short-term investments      33
Receivables78848367717469
Inventory, net of allowances, customer advances and progress billings171165152153162171181
Inventory171165152153162171181
Prepaid expense     11
Other current assets29293228274145
Other undisclosed current assets     (1)(1)
Total current assets:465468482505489485485
Noncurrent Assets
Operating lease, right-of-use asset90
Property, plant and equipment29262534394748
Long-term investments and receivables   (2)(2)(1) 
Accounts and financing receivable, after allowance for credit loss   (2)(2)(1) 
Intangible assets, net (including goodwill)17918483881313
Goodwill13613660    
Intangible assets, net (excluding goodwill)424823881313
Other noncurrent assets60574944373831
Other undisclosed noncurrent assets25256191412
Total noncurrent assets:383292164103969893
TOTAL ASSETS:847760645608585583579
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities941137566735977
Accounts payable35392427272834
Accrued liabilities44443328292629
Employee-related liabilities61915711514
Taxes payable811346  
Debt15 2555  
Other undisclosed current liabilities     76
Total current liabilities:10911310071786684
Noncurrent Liabilities
Long-term debt and lease obligation13450 2535  
Long-term debt, excluding current maturities5250 2535  
Finance lease, liability0
Operating lease, liability82
Liabilities, other than long-term debt48674234282926
Other liabilities48674234282926
Other undisclosed noncurrent liabilities2529333334
Total noncurrent liabilities:2081477562663329
Total liabilities:31725917513414499113
Temporary equity, carrying amount34     
Stockholders' equity
Stockholders' equity attributable to parent, including:527497470474441482463
Treasury stock, value(223)(217)(209)(204)(199)(150)(122)
Additional paid in capital208202190185178175165
Accumulated other comprehensive income8581100776999104
Retained earnings455431389416393358316
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest1   123
Total stockholders' equity:527497470474441484466
TOTAL LIABILITIES AND EQUITY:847760645608585583579

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

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Revenues701680568553595587339
Revenue, net568553595587570
Cost of revenue
(Cost of Goods and Services Sold)
(326)(310)(270)(258)(278)(286)(277)
Other undisclosed gross profit     9244
Gross profit:375369298295317310305
Operating expenses(332)(307)(255)(241)(247)(251)(236)
Other undisclosed operating income (loss)     12(1)
Operating income:43624354707168
Nonoperating income
(Investment Income, Nonoperating)
0000000
Interest and debt expense(1)(1)(2)(1)(1)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes      2
Income from continuing operations before equity method investments, income taxes:42624253697169
Other undisclosed income (loss) from continuing operations before income taxes15  (1)   
Income from continuing operations before income taxes:58624251697169
Income tax expense(15)(0)(57)(16)(23)(19)(17)
Net income (loss):4262(15)35465252
Net income (loss) attributable to noncontrolling interest00 (0)(1)(0)(1)
Net income (loss) available to common stockholders, diluted:4362(15)35455251

Comprehensive Income ($ in millions)

1/31/2020
1/31/2019
1/31/2018
1/31/2017
1/31/2016
1/31/2015
1/31/2014
Net income (loss):4262(15)35465252
Other comprehensive income (loss)5(20)240(0) 1
Other undisclosed comprehensive income (loss)   8(30)(5)0
Comprehensive income:4742843154753
Comprehensive income (loss), net of tax, attributable to noncontrolling interest00 (0)(1)01
Other undisclosed comprehensive loss, net of tax, attributable to parent      (1)
Comprehensive income, net of tax, attributable to parent:4742843154752

Statements sources

The financial statements are based on the company's filings with the 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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