Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.19.2
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
May 04, 2019
GOODWILL AND INTANGIBLE ASSETS  
Changes in the net carrying amount of goodwill

Changes in the net carrying amount of goodwill, all of which relates to our retail segment, for the three months ended May 4, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

Total

 

Balance at February 2, 2019

 

$

79,491

 

     Translation adjustment

 

 

(527)

 

Balance at May 4, 2019

 

$

78,964

 

 

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):

 

 

 

 

 

 

 

 

 

 

 

 

 

    

May 4,

    

May 5,

 

February 2,

 

 

    

2019

    

2018

    

2019

 

Amortizable intangible assets:

 

 

 

 

 

 

 

 

 

 

Carrying amount:

 

 

 

 

 

 

 

 

 

 

Trademarks, tradenames and franchise agreements

 

$

16,074

 

$

16,155

 

$

16,067

 

Favorable leases

 

 

 —

 

 

12,967

 

 

11,844

 

Customer relationships

 

 

26,623

 

 

27,477

 

 

26,553

 

Total carrying amount

 

 

42,697

 

 

56,599

 

 

54,464

 

Accumulated amortization:

 

 

 

 

 

 

 

 

 

 

Trademarks, tradenames and franchise agreements

 

 

(10,877)

 

 

(10,594)

 

 

(10,796)

 

Favorable leases

 

 

 —

 

 

(5,178)

 

 

(5,162)

 

Customer relationships

 

 

(19,455)

 

 

(17,790)

 

 

(18,851)

 

Total accumulated amortization

 

 

(30,332)

 

 

(33,562)

 

 

(34,809)

 

Total amortizable intangible assets, net

 

 

12,365

 

 

23,037

 

 

19,655

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

Trademarks and tradename

 

 

144,249

 

 

144,283

 

 

144,246

 

Total intangible assets, net

 

$

156,614

 

$

167,320

 

$

163,901