Acquisition of Shoe Station (Tables)

12 Months Ended

Jan. 28, 2023

Business Combination and Asset Acquisition [Abstract]

Schedule of Purchase Price Allocation

The following table summarizes the final allocation of the purchase price to the fair value of the assets acquired and liabilities assumed and reflects minor adjustments to the preliminary purchase price allocation as of January 29, 2022. The excess purchase price over the fair value of net assets acquired was allocated to Goodwill. The purchase price allocation was considered complete as of December 3, 2022.

(In thousands)
Fair value of identifiable assets and liabilities:
Merchandise inventories	$	27,708
Other assets		3,404
Property and equipment, net		6,045
Operating lease ROU assets		14,620
Shoe Station trade names		32,600
Goodwill		12,023
Total assets	$	96,400
Accounts payable		6,104
Operating lease liabilities		18,235
Accrued and other liabilities		1,761
Total liabilities	$	26,100
Purchase Price:
Total consideration, net of cash acquired	$	70,300