Supplementary Information (Notes)

3 Months Ended

Aug. 01, 2020

Supplementary info [Abstract]

Supplementary Information [Text Block]

Note 10. Supplementary Information

Impairment Loss (non-cash)

We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable in accordance with ASC 360-10, Accounting for the Impairment or Disposal of Long-Lived Assets. During the 13 weeks ended July 27, 2019, we recognized an impairment loss (non-cash) of $433 in the Retail segment related to net capitalized development costs for a project which are not recoverable.

Restructuring and other charges

During the 13 weeks ended August 1, 2020, we recognized restructuring and other charges totaling $5,671 comprised of $3,396 for severance and other employee termination and benefit costs associated with elimination of various positions as part of cost reduction objectives ($10,562 is included in accrued liabilities in the consolidated balance sheet as of August 1, 2020), $2,103 for professional service costs related to restructuring, process improvements, and shareholder activist activities, and $172 related to liabilities for a facility closure.

During the 13 weeks ended July 27, 2019, we recognized restructuring and other charges totaling $1,466 comprised of $631 for severance and other employee termination and benefit costs associated with several management changes and the

elimination of various positions as part of cost reduction objectives, and $735 related to professional service costs related to restructuring and process improvements.