Definite Lived Intangible Asset

12 Months Ended

Jan. 31, 2015

Goodwill And Intangible Assets Disclosure [Abstract]

Definite Lived Intangible Assets

(7) Definite Lived Intangible Asset

Intangible assets increased as a result of the non-compete agreement associated with the Wholesale Sports acquisition. The following table summarizes the definite lived intangible assets:

	January 31, 2015
	Amortization period	Gross carrying amount		Accumulated amortization			Net carrying amount
Amortizing intangible assets:
Non-compete agreement	5 years	$	9,063		(3,334	)		5,729
Total		$	9,063		(3,334	)		5,729
	February 1, 2014
	Amortization period	Gross carrying amount		Accumulated amortization			Net carrying amount
Amortizing intangible assets:
Non-compete agreement	5 years	$	9,063		(1,528	)		7,535
Total		$	9,063		(1,528	)		7,535

Amortization expense for definite lived intangible asset was $1,806 for the fiscal year ended January 31, 2015. Amortization expense for the next four years is $1,806 in fiscal years 2015 and 2016, $1,840 in fiscal year 2017 and $277 in fiscal year 2018.