Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v2.4.1.9
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
May 02, 2015
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 three months ended May 2, 2015 are as follows (in thousands):

 

 

 

 

 

Corporate

 

 

 

 

 

Retail

 

Apparel

 

Total

 

Balance, January 31, 2015

 

$

861,180 

 

$

26,756 

 

$

887,936 

 

Goodwill of acquired business

 

4,361 

 

 

4,361 

 

Translation adjustment

 

995 

 

143 

 

1,138 

 

 

 

 

 

 

 

 

 

Balance, May 2, 2015

 

$

866,536 

 

$

26,899 

 

$

893,435 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount and accumulated amortization of intangible assets

 

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

 

 

 

May 2,

 

May 3,

 

January 31,

 

 

 

2015

 

2014

 

2015

 

 

 

 

 

 

 

 

 

Amortizable intangible assets:

 

 

 

 

 

 

 

Carrying amount:

 

 

 

 

 

 

 

Trademarks and tradenames

 

$

16,464

 

$

12,096

 

$

16,448

 

Favorable leases

 

24,400

 

 

24,400

 

Customer relationships

 

84,960

 

34,492

 

84,788

 

 

 

 

 

 

 

 

 

Total carrying amount

 

125,824

 

46,588

 

125,636

 

 

 

 

 

 

 

 

 

Accumulated amortization:

 

 

 

 

 

 

 

Trademarks and tradenames

 

(9,445

)

(9,090

)

(9,331

)

Favorable leases

 

(2,636

)

 

(1,883

)

Customer relationships

 

(19,120

)

(10,882

)

(16,468

)

 

 

 

 

 

 

 

 

Total accumulated amortization

 

(31,201

)

(19,972

)

(27,682

)

 

 

 

 

 

 

 

 

Total amortizable intangible assets, net

 

94,623

 

26,616

 

97,954

 

 

 

 

 

 

 

 

 

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

Trademarks and tradename

 

570,312

 

31,350

 

570,305

 

 

 

 

 

 

 

 

 

Total intangible assets, net

 

$

664,935

 

$

57,966

 

$

668,259