Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.10.0.1
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Nov. 03, 2018
Goodwill and Other Intangible Assets  
Changes in the net carrying amount of goodwill

Goodwill allocated to our reportable segments and changes in the net carrying amount of goodwill for the nine months ended November 3, 2018 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate

 

 

 

 

 

    

Retail

    

Apparel

    

Total

 

Balance at February 3, 2018

 

$

94,305

 

$

25,987

 

$

120,292

 

Goodwill impairment charge

 

 

 —

 

 

(23,991)

 

 

(23,991)

 

Goodwill of divested business (see Note 2)

 

 

(13,588)

 

 

 —

 

 

(13,588)

 

    Translation adjustment

 

 

(1,242)

 

 

(1,996)

 

 

(3,238)

 

Balance at November 3, 2018

 

$

79,475

 

$

 —

 

$

79,475

 

 

Gross carrying amount and accumulated amortization of identifiable intangible assets

The gross carrying amount and accumulated amortization of our identifiable intangible assets are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

November 3,

    

October 28,

 

February 3,

 

 

    

2018

    

2017

    

2018

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

Carrying amount:

 

 

 

 

 

 

 

 

 

 

Trademarks, tradenames and franchise agreements

 

$

16,048

 

$

16,074

 

$

16,273

 

Favorable leases

 

 

12,695

 

 

13,475

 

 

13,229

 

Customer relationships

 

 

26,343

 

 

26,612

 

 

28,713

 

Total carrying amount

 

 

55,086

 

 

56,161

 

 

58,215

 

Accumulated amortization:

 

 

 

 

 

 

 

 

 

 

Trademarks, tradenames and franchise agreements

 

 

(10,709)

 

 

(10,404)

 

 

(10,558)

 

Favorable leases

 

 

(5,629)

 

 

(4,856)

 

 

(5,010)

 

Customer relationships

 

 

(18,153)

 

 

(16,078)

 

 

(17,992)

 

Total accumulated amortization

 

 

(34,491)

 

 

(31,338)

 

 

(33,560)

 

Total amortizable intangible assets, net

 

 

20,595

 

 

24,823

 

 

24,655

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

Trademarks and tradename

 

 

144,238

 

 

144,249

 

 

144,332

 

Total intangible assets, net

 

$

164,833

 

$

169,072

 

$

168,987