The Company did not record any impairments on long-lived assets during the thirty-nine weeks ended October 30, 2021.

In the first quarter of Fiscal Year 2020, the Company reduced the net carrying value of certain long-lived assets to their estimated fair value, which was determined using a discounted cash flows method. These impairment charges arose from the material adverse effect COVID-19 had on our results of operations, particularly with our store fleet. The Company incurred impairment charges of $6.7 million on leasehold improvements and $20.8 million on the right-of-use asset. During the second quarter of Fiscal Year 2020, the Company recorded a $1.3 million non-cash gain on the operating leases liabilities due to its decision to close certain retail stores. Approximately $0.9 million of the benefit related to leases that were included in the impairment on right-of-use assets recorded in the first quarter of Fiscal Year 2020; therefore, the benefit was recorded as a reduction of the previously recorded impairment. See Note 12 for additional information.

In the first quarter of Fiscal Year 2020, the Company temporarily closed its retail locations due to COVID-19, which had a material adverse effect on our results of operations, financial position and liquidity and led to a significant decline in our net sales for the first half of Fiscal Year 2020. The Company incurred impairment charges of $17.9 million on goodwill, $4.0 million on trade name and $2.6 million on customer relationships during the thirteen and thirty-nine weeks ended October 31, 2020. All stores were open during the thirty-nine weeks ended October 30, 2021 and the Company did not record any impairments on goodwill or other intangible assets for this period.

The Company performed the impairment tests in the first quarter of Fiscal Year 2020 using the income approach (or discounted cash flows method) for goodwill, the relief-from-royalty method for indefinite-lived intangible assets and a recoverability analysis for definite-lived intangible assets. Key assumptions included future revenue growth and profitability trends over a period of 5-10 years with a terminal value, a discount rate based on an estimated weighted average cost of capital within a range of 23.5% to 34.0% and royalty rates within a range of 1% to 4%. These assumptions are classified as Level 3 inputs.

The following table displays a rollforward of the carrying amount of goodwill from February 1, 2020 to October 30, 2021 (in thousands):

Goodwill at February 1, 2020	$	77,597
Impairment losses (first quarter)		(17,900	)
Balance, January 30, 2021		59,697
Impairment losses		—
Balance, October 30, 2021	$	59,697

The accumulated goodwill impairment losses as of October 30, 2021 are $137.3 million.

A summary of intangible assets as of October 30, 2021 and January 30, 2021 is as follows (in thousands):

		October 30, 2021
	Weighted Average Useful Life (Years)	Gross		Accumulated Amortization		Accumulated Impairment		Carrying Amount
Indefinite-lived:
Trade name	N/A	$	58,100	$	—	$	24,100	$	34,000
Definite-lived:
Customer relationships	13.2		134,200		82,803		2,620		48,777
Total intangible assets		$	192,300	$	82,803	$	26,720	$	82,777

		January 30, 2021
	Weighted Average Useful Life (Years)	Gross		Accumulated Amortization		Accumulated Impairment		Carrying Amount
Indefinite-lived:
Trade name	N/A	$	58,100	$	—	$	24,100	$	34,000
Definite-lived:
Customer relationships	13.2		134,200		76,604		2,620		54,976
Total intangible assets		$	192,300	$	76,604	$	26,720	$	88,976

Total amortization expense for these amortizable intangible assets was $2.1 million and $2.3 million for the thirteen weeks ended October 30, 2021 and October 31, 2020, respectively, and $6.2 million and $7.0 million for the thirty-nine weeks ended October 30, 2021 and October 31, 2020, respectively.

The estimated amortization expense for each of the next five years and thereafter is as follows (in thousands):

Fiscal Year	Estimated Amortization Expense
2021	$	1,377
2022		7,585
2023		6,990
2024		5,407
2025		4,705
Thereafter		22,713
Total	$	48,777