Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.20.1
GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Feb. 01, 2020
GOODWILL AND INTANGIBLE ASSETS  
Changes in the net carrying amount of goodwill

Changes in the net carrying amount of goodwill for the years ended February 1, 2020 and February 2, 2019 are as follows (in thousands):

    

Total

Balance at February 3, 2018

$

94,305

Goodwill of divested business (see Note 3)

(13,588)

Translation adjustment

 

(1,226)

Balance at February 2, 2019

$

79,491

Translation adjustment

 

(220)

Balance at February 1, 2020

$

79,271

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):

February 1,

    

February 2,

 

 

2020

    

2019

 

Amortizable intangible assets:

Carrying amount:

Trademarks, tradenames and franchise agreements

$

13,506

$

13,506

Favorable leases

11,844

Total carrying amount

 

13,506

 

25,350

Accumulated amortization:

Trademarks, tradenames and franchise agreements

 

(9,863)

 

(9,677)

Favorable leases

(5,162)

Total accumulated amortization

 

(9,863)

 

(14,839)

Total amortizable intangible assets, net

 

3,643

 

10,511

Indefinite-lived intangible assets:

Trademarks and tradename

 

113,200

 

143,200

Total intangible assets, net

$

116,843

$

153,711