XML 26 R16.htm IDEA: XBRL DOCUMENT v3.22.2.2
Commitments
6 Months Ended
Jul. 30, 2022
Commitments and Contingencies Disclosure [Abstract]  
Commitments

Note 9

Commitments

 

As part of our Licensed Brands business, we have a commitment to Samsung C&T America, Inc. (“Samsung”) related to the ultimate sale and valuation of inventories owned by Samsung. If product is sold below Samsung’s cost, we are required to pay to Samsung the difference between the sales price and its cost. At July 30, 2022, the inventory owned by Samsung had a historical cost of $23.9 million. As of July 30, 2022, we believe that we have appropriately accounted for any differences between the fair value of the Samsung inventory and Samsung's historical cost.