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GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Oct. 31, 2020
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill and intangible assets

($thousands)

    

October 31, 2020

    

November 2, 2019

    

February 1, 2020

Intangible Assets

 

  

 

  

 

  

Famous Footwear

$

2,800

$

2,800

$

2,800

Brand Portfolio

 

365,888

 

388,288

 

388,288

Total intangible assets

 

368,688

 

391,088

 

391,088

Accumulated amortization

 

(106,570)

 

(93,518)

 

(96,784)

Total intangible assets, net

 

262,118

 

297,570

 

294,304

Goodwill

 

  

 

  

 

  

Brand Portfolio

 

4,956

 

245,275

 

245,275

Total goodwill

 

4,956

 

245,275

 

245,275

Goodwill and intangible assets, net

$

267,074

$

542,845

$

539,579

Schedule of finite-lived and indefinite lived intangible assets

($thousands)

    

October 31, 2020

 

Estimated Useful Lives 

 

 

Accumulated 

 

 

(In Years)

Cost Basis

Amortization

Impairment

Net Carrying Value

Trademarks

 

15 - 40

$

288,788

$

99,376

$

$

189,412

Trademarks

 

Indefinite

 

58,100

(1)

 

 

22,400

 

35,700

Customer relationships

    

15 - 16

    

 

44,200

    

 

7,194

    

 

    

 

37,006

$

391,088

$

106,570

$

22,400

$

262,118

    

November 2, 2019

 

Estimated Useful Lives 

 

 

Accumulated 

 

 

(In Years)

Cost Basis

Amortization

Impairment

Net Carrying Value

Trademarks

 

15 - 40

$

288,788

$

89,360

$

$

199,428

Trademarks

 

Indefinite

 

58,100

(1)

 

 

 

58,100

Customer relationships

    

15 - 16

    

 

44,200

    

 

4,158

    

 

    

 

40,042

$

391,088

$

93,518

$

$

297,570

    

February 1, 2020

 

Estimated Useful Lives 

 

 

Accumulated 

 

 

(In Years)

Cost Basis

Amortization

Impairment

Net Carrying Value

Trademarks

 

15 - 40

$

288,788

$

91,827

$

$

196,961

Trademarks

 

Indefinite

 

58,100

(1)

 

 

 

58,100

Customer relationships

    

15 - 16

    

 

44,200

    

 

4,957

    

 

    

 

39,243

$

391,088

$

96,784

$

$

294,304

(1)Cost basis for indefinite-lived trademarks has been reduced by $60.0 million in impairment charges recognized in 2018 related to the Allen Edmonds tradename.