Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.19.2
Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Aug. 03, 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 six months ended August 3, 2019 are as follows (in thousands):

    

Total

 

Balance at February 2, 2019

$

79,491

Translation adjustment

 

(208)

Balance at August 3, 2019

$

79,283

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):

    

August 3,

    

August 4,

February 2,

    

2019

    

2018

    

2019

 

Amortizable intangible assets:

Carrying amount:

Trademarks, tradenames and franchise agreements

$

15,887

$

16,055

$

16,067

Favorable leases

12,876

11,844

Customer relationships

 

24,645

 

26,415

 

26,553

Total carrying amount

 

40,532

 

55,346

 

54,464

Accumulated amortization:

Trademarks, tradenames and franchise agreements

 

(10,871)

 

(10,634)

 

(10,796)

Favorable leases

(5,420)

(5,162)

Customer relationships

 

(18,523)

 

(17,652)

 

(18,851)

Total accumulated amortization

 

(29,394)

 

(33,706)

 

(34,809)

Total amortizable intangible assets, net

 

11,138

 

21,640

 

19,655

Indefinite-lived intangible assets:

Trademarks and tradename

 

144,171

 

144,241

 

144,246

Total intangible assets, net

$

155,309

$

165,881

$

163,901