Intangible Assets and Goodwill (Tables)

12 Months Ended

Feb. 03, 2024

Intangible Assets and Goodwill

Summary of finite-lived intangible assets by category

Intangible assets by category are summarized below (in thousands):

	February 3,		January 28,
	2024		2023
Intangible assets with finite lives	$	113,413	$	108,513
Accumulated amortization and impairment		(64,812)		(50,068)
Total intangible assets with finite lives, net		48,601		58,445
Intangible assets with indefinite lives:
Tommy Bahama Trademark	$	110,700	$	110,700
Lilly Pulitzer Trademark		27,500		27,500
Johnny Was Trademark		66,000		77,900
Southern Tide Trademark		9,300		9,300
Total intangible assets with indefinite lives	$	213,500	$	225,400
Total intangible assets, net	$	262,101	$	283,845

Summary of indefinite-lived intangible assets by category

Intangible assets by category are summarized below (in thousands):

	February 3,		January 28,
	2024		2023
Intangible assets with finite lives	$	113,413	$	108,513
Accumulated amortization and impairment		(64,812)		(50,068)
Total intangible assets with finite lives, net		48,601		58,445
Intangible assets with indefinite lives:
Tommy Bahama Trademark	$	110,700	$	110,700
Lilly Pulitzer Trademark		27,500		27,500
Johnny Was Trademark		66,000		77,900
Southern Tide Trademark		9,300		9,300
Total intangible assets with indefinite lives	$	213,500	$	225,400
Total intangible assets, net	$	262,101	$	283,845

Schedule of intangible assets by operating group and in total

Intangible assets, by operating group and in total, for Fiscal 2021, Fiscal 2022 and Fiscal 2023 are as follows (in thousands):

	Tommy		Lilly		Johnny		Emerging		Lanier		Corporate
	Bahama		Pulitzer		Was		Brands		Apparel		and Other		Total
Balance, January 30, 2021	$	110,700	$	28,317	$	—	$	17,170	$	—	$	—	$	156,187
Acquisition		—		—		—		—		—		—		—
Impairment		—		—		—		—		—		—		—
Amortization		—		(220)		—		(660)		—		—		(880)
Balance, January 29, 2022	$	110,700	$	28,097	$	—	$	16,510	$	—	$	—	$	155,307
Acquisition		—		—		134,640		—		—		—		134,640
Impairment		—		—		—		—		—		—		—
Amortization		—		(238)		(5,194)		(670)		—		—		(6,102)
Balance, January 28, 2023	$	110,700	$	27,859	$	129,446	$	15,840	$	—	$	—	$	283,845
Acquisition		—		—		—		4,899		—		—		4,899
Impairment		—		—		(11,900)		—		—		—		(11,900)
Amortization		—		(227)		(13,852)		(664)		—		—		(14,743)
Balance, February 3, 2024	$	110,700	$	27,632	$	103,694	$	20,075	$	—	$	—	$	262,101

Schedule of goodwill by operating group and in total

Goodwill, by operating group and in total, for Fiscal 2021, Fiscal 2022 and Fiscal 2023 is as follows (in thousands):

	Tommy		Lilly		Johnny		Emerging		Corporate
	Bahama		Pulitzer		Was		Brands		and Other		Total
Balance, January 30, 2021	$	788	$	19,522	$	—	$	3,600	$	—	$	23,910
Other, including foreign currency		(41)		—		—		—		—		(41)
Balance January 29, 2022	$	747	$	19,522	$	—	$	3,600	$	—	$	23,869
Acquisition		—		—		96,637		—		—		96,637
Other, including foreign currency		(8)		—		—		—		—		(8)
Balance, January 28, 2023	$	739	$	19,522	$	96,637	$	3,600	$	—	$	120,498
Acquisition		—		—		—		3,371		—		3,371
Measurement-period adjustments		—		—		2,599		—		—		2,599
Impairment		—		—		(99,236)		—		—		(99,236)
Other, including foreign currency		(42)		—		—		—		—		(42)
Balance, February 3, 2024	$	697	$	19,522	$	—	$	6,971	$	—	$	27,190