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GOODWILL
9 Months Ended
Oct. 30, 2011
Notes to Financial Statements [Abstract]  
GOODWILL
GOODWILL

The changes in the carrying amount of goodwill for the thirty-nine weeks ended October 30, 2011, by segment, were as follows:

 
Heritage Brand Wholesale Dress Furnishings
 
Heritage Brand Wholesale Sportswear
 
Calvin Klein Licensing
 
Tommy Hilfiger North America
 
Tommy Hilfiger International
 
Total
Balance as of January 30, 2011
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross
$
70,589

 
$
84,553

 
$
304,924

 
$
198,501

 
$
1,161,920

 
$
1,820,487

Accumulated impairment losses

 

 

 

 

 

Goodwill, net
70,589

 
84,553

 
304,924

 
198,501

 
1,161,920

 
1,820,487

Contingent purchase price payments to Mr. Calvin Klein

 

 
37,333

 

 

 
37,333

Goodwill from reacquisition of the rights to the Tommy Hilfiger trademarks in India

 

 

 

 
397

 
397

Currency translation

 

 
105

 

 
26,377

 
26,482

Balance as of October 30, 2011
 
 
 
 
 
 
 
 
 
 
 
Goodwill, gross
70,589

 
84,553

 
342,362

 
198,501

 
1,188,694

 
1,884,699

Accumulated impairment losses

 

 

 

 

 

Goodwill, net
$
70,589

 
$
84,553

 
$
342,362

 
$
198,501

 
$
1,188,694

 
$
1,884,699



The Company is required to make contingent purchase price payments to Mr. Calvin Klein in connection with the Company’s acquisition in 2003 of all of the issued and outstanding stock of Calvin Klein, Inc. and certain affiliated companies (collectively, “Calvin Klein”). Such payments are based on 1.15% of total worldwide net sales, as defined in the agreement (as amended) governing the Calvin Klein acquisition, of products bearing any of the Calvin Klein brands and are required to be made with respect to sales made through February 12, 2018. A significant portion of the sales on which the payments to Mr. Klein are made are wholesale sales by the Company and its licensees and other partners to retailers.