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Intangible Assets
12 Months Ended
Feb. 02, 2013
Intangible Assets
8. Intangible Assets

Intangible assets include costs to acquire and register the Company’s trademark assets. During 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 February 2, 2013 and January 28, 2012:

 

(In thousands)    February 2,
2013
    January 28,
2012
 

Trademarks, at cost

   $ 44,272      $ 44,142   

Less: Accumulated amortization

     (6,136     (4,310
  

 

 

   

 

 

 

Intangible assets, net

   $ 38,136      $ 39,832   
  

 

 

   

 

 

 

Amortization expense is summarized as follows:

 

     For the Years Ended  
(In thousands)    February 2,
2013
     January 28,
2012
     January 29,
2011
 

Amortization expense

   $ 1,952       $ 1,828       $ 625   
  

 

 

    

 

 

    

 

 

 

 

The table below summarizes the estimated future amortization expense for intangible assets existing as of February 2, 2013 for the next five Fiscal Years:

 

(In thousands)    Future
Amortization
 

2013

   $ 1,965   

2014

     1,965   

2015

     1,961   

2016

     1,920   

2017

     1,920