|
Net sales
|
|
$552.8m
|
$568.0m
|
$679.6m
|
$701.0m
|
$506.4m
|
$732.4m
|
$751.9m
|
$672.6m
|
$653.4m
|
$671.3m
|
|
Cost of sales
|
|
$257.9m
|
$269.9m
|
$310.2m
|
$326.1m
|
$235.9m
|
$313.3m
|
$318.0m
|
$302.2m
|
$300.2m
|
$307.7m
|
|
Gross profit
|
|
$294.8m
|
$298.1m
|
$369.4m
|
$374.9m
|
$270.5m
|
$419.1m
|
$433.9m
|
$370.4m
|
$353.1m
|
$363.6m
|
|
Selling, general and administrative
|
|
$240.8m
|
$254.9m
|
$307.2m
|
$331.9m
|
$256.7m
|
$301.6m
|
$313.5m
|
$315.7m
|
$333.1m
|
$333.8m
|
|
Operating income
|
|
$54.0m
|
$43.2m
|
$62.2m
|
$43.0m
|
($142.1m)
|
$117.5m
|
$120.4m
|
$54.7m
|
$20.0m
|
$29.8m
|
|
Other income, net
|
|
—
|
—
|
$0
|
$0
|
$342k
|
$530k
|
$2.1m
|
$6.0m
|
$7.1m
|
$5.0m
|
|
Provision for income taxes (Note 12)
|
|
$16.3m
|
$57.4m
|
$162k
|
$15.1m
|
($31.2m)
|
$24.8m
|
$24.9m
|
$12.7m
|
$7.4m
|
$7.5m
|
|
Income before income taxes
|
|
$51.5m
|
$42.1m
|
$61.7m
|
$57.5m
|
($142.4m)
|
$117.3m
|
$121.9m
|
$60.2m
|
$26.7m
|
$34.4m
|
|
Net income
|
|
$35.1m
|
($15.2m)
|
$61.6m
|
$42.4m
|
($111.2m)
|
$92.6m
|
$97.0m
|
$47.5m
|
$19.2m
|
$26.9m
|
|
Net income attributable to Movado Group, Inc.
|
|
$35.1m
|
($15.2m)
|
$61.6m
|
$42.7m
|
($111.5m)
|
$91.6m
|
$94.5m
|
$46.7m
|
$18.4m
|
$26.6m
|
|
Net income per share attributable to Movado Group, Inc.
|
|
$2
|
($1)
|
$3
|
$2
|
($5)
|
$4
|
$4
|
$2
|
$1
|
$1
|
|
Less: Net income attributable to noncontrolling interest
|
|
$78k
|
$0
|
($53k)
|
($320k)
|
$324k
|
$960k
|
$2.5m
|
$830k
|
$845k
|
$316k
|
|
Weighted basic average shares outstanding
|
|
23.1m
|
23.1m
|
23.2m
|
23.1m
|
23.2m
|
23.2m
|
22.5m
|
22.2m
|
22.3m
|
22.2m
|
|
Weighted diluted average shares outstanding
|
|
23.3m
|
23.1m
|
23.6m
|
23.3m
|
23.2m
|
23.7m
|
23.0m
|
22.6m
|
22.6m
|
22.6m
|
|
Interest expense
|
|
($1.5m)
|
($1.5m)
|
($771k)
|
($930k)
|
($2.0m)
|
($688k)
|
($518k)
|
($497k)
|
($489k)
|
($507k)
|