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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2024
Oct. 31, 2023
CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME        
Net sales $ 1,086,759 $ 1,067,110 $ 2,341,261 $ 2,333,460
Cost of goods sold 654,628 633,697 1,374,363 1,373,594
Gross profit 432,131 433,413 966,898 959,866
Selling, general and administrative expenses 259,240 236,308 724,891 703,476
Depreciation and amortization 6,556 6,595 20,704 19,130
Asset impairments   222   222
Operating profit 166,335 190,288 221,303 237,038
Other income (loss) 942 (3,129) (2,233) (1,964)
Interest and financing charges, net (6,358) (11,024) (16,658) (32,666)
Income before income taxes 160,919 176,135 202,412 202,408
Income tax expense 46,151 48,755 57,903 55,651
Net income 114,768 127,380 144,509 146,757
Less: Loss attributable to noncontrolling interests   (260) (273) (557)
Net income attributable to G-III Apparel Group, Ltd. $ 114,768 $ 127,640 $ 144,782 $ 147,314
Basic:        
Net income per common share $ 2.62 $ 2.79 $ 3.24 $ 3.21
Weighted average number of shares outstanding (in shares) 43,885 45,723 44,640 45,904
Diluted:        
Net income per common share $ 2.55 $ 2.74 $ 3.17 $ 3.13
Weighted average number of shares outstanding (in shares) 44,954 46,560 45,719 46,992
Net income $ 114,768 $ 127,380 $ 144,509 $ 146,757
Other comprehensive income (loss):        
Foreign currency translation adjustments 15,489 (11,391) 6,589 (4,317)
Other comprehensive income (loss) 15,489 (11,391) 6,589 (4,317)
Comprehensive income 130,257 115,989 151,098 142,440
Comprehensive loss attributable to noncontrolling interests:        
Net loss   (260) (273) (557)
Foreign currency translation adjustments   (1) 38 (25)
Comprehensive loss attributable to noncontrolling interests   (261) (235) (582)
Comprehensive income attributable to G-III Apparel Group, Ltd. $ 130,257 $ 115,728 $ 150,863 $ 141,858