G III APPAREL GROUP LTD DE

For the period ended Jan 31, 2024. Filed Mar 25, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 25, 2024

GIII$32.39+3.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets


· · January 31, · · January 31,
· 2024 · 2023
		(In thousands, except per share amounts)
ASSETS
Current assets
Cash and cash equivalents	$507,829		$191,652
Accounts receivable, net of allowance for doubtful accounts of $1,471 and $18,297, respectively	562,363		674,963
Inventories	520,426		709,345
Prepaid income taxes	1,356		5,886
Prepaid expenses and other current assets	68,344		70,654
Total current assets	1,660,318		1,652,500
Investments in unconsolidated affiliates	22,472		24,467
Property and equipment, net	55,084		53,742
Operating lease assets	216,886		239,665
Other assets, net	45,147		52,644
Other intangibles, net	31,676		34,842
Deferred income tax assets, net	19,248		26,389
Trademarks	630,333		628,156
Total assets	$2,681,164		$2,712,405
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities
Current portion of notes payable	$15,026		$135,518
Accounts payable	182,531		169,508
Accrued expenses	140,535		115,586
Customer refund liabilities	84,054		89,760
Current operating lease liabilities	56,587		52,917
Income tax payable	14,676		14,875
Other current liabilities	219		905
Total current liabilities	493,628		579,069
Notes payable, net of discount and unamortized issuance costs	402,807		483,840
Deferred income tax liabilities, net	42,736		44,783
Noncurrent operating lease liabilities	178,247		204,974
Other non-current liabilities	15,764		15,141
Total liabilities	1,133,182		1,327,807

Redeemable noncontrolling interests	(2,278)		(850)

Stockholders' Equity
Preferred stock; 1,000 shares authorized; no shares issued and outstanding	—		—
Common stock - $0.01 par value; 120,000 shares authorized; 49,396 and 49,396 shares issued, respectively	264		264
Additional paid-in capital	458,841		468,712
Accumulated other comprehensive loss	(3,207)		(11,653)
Retained earnings	1,160,112		983,944
Common stock held in treasury, at cost - 3,668 and 2,680 shares, respectively	(65,750)		(55,819)
Total stockholders' equity	1,550,260		1,385,448
Total liabilities, redeemable noncontrolling interests and stockholders' equity	$2,681,164		$2,712,405

The accompanying notes are an integral part of these statements.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.