Goodwill and intangibles (Tables)

3 Months Ended

May 04, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill by Reporting Unit

The following table summarizes the Company’s goodwill by reportable segment:

(in millions)	North America
Balance at February 3, 2024 (1)	$	754.5
Balance at May 4, 2024 (1)	$	754.5

(1)    The carrying amount of goodwill is presented net of accumulated impairment losses of $576.0 million as of May 4, 2024 and February 3, 2024.

Schedule of Finite-Lived Intangible Assets

The following table provides additional detail regarding the composition of intangible assets and liabilities:

	May 4, 2024						February 3, 2024						April 29, 2023
(in millions)	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Intangible assets, net:
Definite-lived intangible assets	$	11.2	$	(7.9)	$	3.3	$	11.2	$	(7.5)	$	3.7	$	15.8	$	(8.1)	$	7.7
Indefinite-lived intangible assets	398.9		—		398.9		399.1		—		399.1		399.1		—		399.1
Total intangible assets, net	$	410.1	$	(7.9)	$	402.2	$	410.3	$	(7.5)	$	402.8	$	414.9	$	(8.1)	$	406.8
Intangible liabilities, net	$	(38.0)	$	34.9	$	(3.1)	$	(38.0)	$	34.4	$	(3.6)	$	(38.0)	$	33.1	$	(4.9)

Schedule of Indefinite-Lived Intangible Assets

The following table provides additional detail regarding the composition of intangible assets and liabilities:

	May 4, 2024						February 3, 2024						April 29, 2023
(in millions)	Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount		Gross carrying amount		Accumulated amortization		Net carrying amount
Intangible assets, net:
Definite-lived intangible assets	$	11.2	$	(7.9)	$	3.3	$	11.2	$	(7.5)	$	3.7	$	15.8	$	(8.1)	$	7.7
Indefinite-lived intangible assets	398.9		—		398.9		399.1		—		399.1		399.1		—		399.1
Total intangible assets, net	$	410.1	$	(7.9)	$	402.2	$	410.3	$	(7.5)	$	402.8	$	414.9	$	(8.1)	$	406.8
Intangible liabilities, net	$	(38.0)	$	34.9	$	(3.1)	$	(38.0)	$	34.4	$	(3.6)	$	(38.0)	$	33.1	$	(4.9)