Goodwill and Intangible Assets

12 Months Ended

Feb. 01, 2014

Goodwill And Intangible Assets Disclosure [Abstract]

4. Goodwill and Intangible Assets

The following tables summarize the changes in the carrying amount of goodwill (in thousands):


Balance at January 28, 2012	$	13,154
Goodwill acquired		47,413
Effects of foreign currency translation		4,009

Balance as of February 2, 2013		64,576

Effects of foreign currency translation		(381	)

Balance as of February 1, 2014	$	64,195

There was no impairment of goodwill for the fiscal years ended February 1, 2014, February 2, 2013 and January 28, 2012.

The following table summarizes the gross carrying amount, accumulated amortization and the net carrying amount of intangible assets (in thousands):


	February 1, 2014
	Gross Carrying Amount		Accumulated Amortization		Intangible Assets, Net
Intangible assets not subject to amortization:
Trade names and trademarks	$	14,615	$	—	$	14,615
Intangible assets subject to amortization:
Developed technology		4,060		2,143		1,917
Customer relationships		3,008		1,570		1,438

Total intangible assets	$	21,683	$	3,713	$	17,970


	February 2, 2013
	Gross Carrying Amount		Accumulated Amortization		Intangible Assets, Net
Intangible assets not subject to amortization:
Trade names and trademarks	$	14,724	$	—	$	14,724
Intangible assets subject to amortization:
Developed technology		4,090		795		3,295
Customer relationships		3,031		570		2,461

Total intangible assets	$	21,845	$	1,365	$	20,480

There was no impairment of intangible assets for the fiscal years ended February 1, 2014, February 2, 2013 and January 28, 2012.

Amortization expense of intangible assets for the fiscal years ended February 1, 2014 and February 2, 2013 was $2.3 million and $1.3 million. We did not record amortization expense of intangible assets for the fiscal year ended January 28, 2012. Amortization expense of intangible assets is recorded in selling, general and administrative expense on the consolidated statements of income. At February 1, 2014, future amortization expense for intangible assets is as follows (in thousands):


Fiscal 2014	$	2,356
Fiscal 2015		999
Thereafter		—

Total	$	3,355

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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