Note 11 - Impairments

12 Months Ended

Feb. 03, 2018

Notes to Financial Statements

Impairments [Text Block]

11

.           

Impairments

In fiscal

2018,

we impaired

three

asset groups: (i) software, equipment and leasehold improvements which includes R&D design tools and mask sets, (ii) intangibles which includes acquired intangibles and purchased IP and (iii) goodwill associated with the Bretelon acquisition.  The impairment of the goodwill associated with the Bretelon acquisition was

$10.6

million and is discussed above in Footnote

10

- Goodwill.  As discussed in Footnote

7

– Restructuring costs, we impaired software, equipment and leasehold improvements and purchased IP assets related to our Fiscal

2018

Plan of restructuring for

$1.7

million and

$8.0

million, respectively.  We elected to charge these restructuring costs to impairment expense and have included these charges in the summary below. 

The following table summarizes impairment charges for fiscal

2018

(in thousands):

	Year Ended February 3, 2018
Prepaid expenses and other current assets	$	853
Software, equipment and leasehold improvements		13,281
Intangible assets		25,703
Goodwill		10,594
Less: Discontinued operations		(80	)
Impairment charges	$	50,351