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Intangible Assets
9 Months Ended
Oct. 30, 2021
Intangible Assets [Abstract]  
Intangible Assets

(6)    Intangible Assets

Intangible assets in the accompanying condensed consolidated balance sheets consisted of the following:

October 30, 2021

January 30, 2021

Estimated 

Gross 

Gross 

Useful Life 

Carrying 

Accumulated 

Carrying 

Accumulated 

    

(In Years)

    

Amount

    

Amortization

    

Amount

    

Amortization

Trade Names

 

3-15

 

$

3,957,000

 

$

(225,000)

 

$

1,568,000

 

$

(124,000)

Technology

 

4

 

11,133,000

 

(396,000)

 

772,000

 

(228,000)

Customer Lists

 

3-5

 

13,225,000

 

(339,000)

 

339,000

 

(93,000)

Vendor Exclusivity

 

5

 

192,000

 

(96,000)

 

192,000

 

(67,000)

Total finite-lived intangible assets

 

$

28,507,000

 

$

(1,056,000)

 

$

2,871,000

 

$

(512,000)

Goodwill

$

8,318,000

 

$

 

$

 

$

Total indefinite-lived intangible assets

 

$

8,318,000

 

$

 

$

 

$

Total finite- and indefinite-lived intangible assets

 

$

36,825,000

 

$

(1,056,000)

 

$

2,871,000

 

$

(512,000)

Finite-lived Intangible Assets

The finite-lived intangible assets are included in the accompanying condensed consolidated balance sheets within intangible assets and goodwill, net and consist of the J.W. Hulme trade name and customer list; the Float Left developed technology, customer relationships and trade name; a vendor exclusivity agreement; Christopher & Banks customer list; TCO technology and Portal and Ad business customer relationships and technology. Amortization expense related to the finite-lived intangible assets was $242,000 and $103,000 for the three-month periods ended October 30, 2021 and October 31, 2020 and $544,000 and $311,000 for the nine-month period ended October 30, 2021 and October 31, 2020. Estimated amortization expense is $3,809,000 for fiscal 2021, $5,739,000 for fiscal 2022, $5,680,000 for fiscal 2023, $5,484,000 for fiscal 2024, and $3,892,000 for fiscal 2025 and $3,401,000 thereafter.

Indefinite-lived Intangible Assets

The indefinite-lived intangible assets are included in the accompanying condensed consolidated balance sheets within intangible assets and goodwill, net and consist of goodwill associated with the purchase of the Portal and Advertising business from Synacor (see Notes to Condensed Consolidated Financial Statements - Note #16 – Business Acquisitions for additional information).