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Basis of Presentation and Summary of Critical and Significant Accounting Policies (Tables)

12 Months Ended

Jan. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The following table presents the components of our marketing expense (in thousands):


	Fiscal Year Ended
	January 30, 2021 (52 weeks)		February 1, 2020 (52 weeks)		February 2, 2019 (52 weeks)
Gross marketing costs	$	23,576	$	18,408	$	17,608
Marketing reimbursements	(1,524)		(2,938)		(2,850)
Net marketing costs	$	22,052	$	15,470	$	14,758

Property and Equipment

Property and equipment are recorded at cost. Finance lease assets are shown as right-of-use (ROU) assets and are excluded from property and equipment. (See Note 7, Leases). In Fiscal 2020, we initiated a strategic realignment that incorporated the closure of approximately 95 stores. The fixed asset impairment charge related to the strategic realignment was not material in Fiscal 2020.

Property and equipment consists of the following (in thousands):


	January 30, 2021		February 1, 2020
Land	$	7,277	$	7,277
Buildings	21,505		21,635
Equipment	104,431		95,100
Furniture and fixtures	42,448		37,048
Leasehold improvements	109,220		102,528
Construction in progress	1,470		1,660
Total property and equipment	286,351		265,248
Less: accumulated depreciation and amortization	179,192		164,292
Total property and equipment, net	$	107,159	$	100,956

Estimated Useful Lives of Depreciable Assets

Depreciation on property and equipment utilizes the straight-line method generally over the following estimated service lives:


Buildings			39 years
Leasehold improvements			3 – 10 years
Furniture and fixtures			7 years
Equipment			3 – 7 years

Schedule of Goodwill

A reconciliation of goodwill is as follows (in thousands):


Goodwill balance at February 1, 2020	$	19,661
Impairment losses	(19,661)
Goodwill balance at January 30, 2021	$	—

Schedule of Indefinite-Lived Intangible Assets

A reconciliation of the tradename intangible is as follows (in thousands):


Tradename intangible asset balance at February 1, 2020	$	32,400
Impairment losses	(8,900)
Tradename intangible asset balance at January 30, 2021	$	23,500

Disaggregation of Revenue

Revenues disaggregated by major product categories are as follows (in thousands):


	Fiscal 2021 (52 weeks)		Fiscal 2020 (52 weeks)		Fiscal 2019 (52 weeks)
Footwear	$	911,789	$	735,613	$	579,766
Apparel	384,431		307,600		276,731
Equipment	123,437		141,021		152,185
	$	1,419,657	$	1,184,234	$	1,008,682