Intangible Assets

12 Months Ended

Jan. 28, 2012

Intangible Assets

8. Intangible Assets

Intangible assets include costs to acquire and register the Company’s trademark assets. During the Fiscal 2011, the Company purchased $34.2 million of trademark assets primarily to support its international expansion strategy. The following table represents intangible assets as of January 28, 2012 and January 29, 2011:

	January 28, 2012			January 29, 2011
	(In thousands)
Trademarks, at cost	$	44,142		$	9,967
Less: Accumulated amortization		(4,310	)		(2,482	)
Intangible assets, net	$	39,832		$	7,485

Amortization expense is summarized as follows:

	For the Years Ended
	January 28, 2012		January 29, 2011		January 30, 2010
	(In thousands)
Amortization expense	$	1,828	$	625	$	509

The table below summarizes the estimated future amortization expense for intangible assets existing as of January 28, 2012 for the next five Fiscal Years:

	Future Amortization
	(In thousands)
2012	$	1,961
2013		1,956
2014		1,956
2015		1,956
2016		1,911