Goodwill and Other Intangible Assets (Tables)

3 Months Ended

May 04, 2019

GOODWILL AND INTANGIBLE ASSETS

Changes in the net carrying amount of goodwill

Changes in the net carrying amount of goodwill, all of which relates to our retail segment, for the three months ended May 4, 2019 are as follows (in thousands):

	Total
Balance at February 2, 2019	$	79,491
Translation adjustment		(527)
Balance at May 4, 2019	$	78,964

Gross carrying amount and accumulated amortization of identifiable intangible assets

The gross carrying amount and accumulated amortization of our identifiable intangible assets are as follows (in thousands):

	May 4,		May 5,		February 2,
	2019		2018		2019
Amortizable intangible assets:
Carrying amount:
Trademarks, tradenames and franchise agreements	$	16,074	$	16,155	$	16,067
Favorable leases		—		12,967		11,844
Customer relationships		26,623		27,477		26,553
Total carrying amount		42,697		56,599		54,464
Accumulated amortization:
Trademarks, tradenames and franchise agreements		(10,877)		(10,594)		(10,796)
Favorable leases		—		(5,178)		(5,162)
Customer relationships		(19,455)		(17,790)		(18,851)
Total accumulated amortization		(30,332)		(33,562)		(34,809)
Total amortizable intangible assets, net		12,365		23,037		19,655
Indefinite-lived intangible assets:
Trademarks and tradename		144,249		144,283		144,246
Total intangible assets, net	$	156,614	$	167,320	$	163,901