Intangible Assets

3 Months Ended

May 04, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

3. Intangible Assets

Intangible assets consists of the following:

	May 4, 2019							February 2, 2019
(In thousands)	Gross Amount		Accumulated Amortization			Net Book Value		Gross Amount		Accumulated Amortization			Net Book Value
Amortizable trademarks	$	27,937		(20,010	)	$	7,927	$	27,899		(19,834	)	$	8,064
Indefinite lived trademarks		56,687		—			56,687		56,687		—			56,687
	$	84,624	$	(20,010	)	$	64,614	$	84,586	$	(19,834	)	$	64,751

The Hi-Tec Acquisition during Fiscal 2017 resulted in trademarks valued at $52.4 million that are classified as indefinite lived and not subjected to amortization.  Other indefinite lived trademarks include certain Cherokee brand trademarks in the school uniforms category that were acquired in historical transactions.  The Company has acquired other trademarks that are being amortized over their estimated useful lives, which average 10.0 years with no residual values.  Amortization of intangible assets was $0.2 million and $0.4 million for the three months ended May 4, 2019 and May 5, 2018, respectively.