Other Intangible Assets

12 Months Ended

Jan. 29, 2022

Other Intangible Assets [Abstract]

Other Intangible Assets

Note 3. Other Intangible Assets

Determining the fair value of a reporting unit requires the use of significant estimates and assumptions, including revenue growth rates, operating margins, discount rates, and future market conditions, among others. Other long-lived assets are reviewed for impairment if circumstances indicate that the carrying amount may not be recoverable.

The Company continues to amortize technology, and trade names and trademarks that have finite lives.

Identifiable intangible assets as of January 29, 2022 consisted of the following:

(amounts in thousands)	January 29, 2022
	Weighted Average Amortization Period (in months)		Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount
Technology		60	$	6,700	$	4,113	$	2,587		-
Trade names and trademarks		60		3,200		3,200		-		-
			$	9,900	$	7,313	$	2,587	$	-

The changes in net intangibles from January 30, 2021 to January 29, 2022 were as follows:

(amounts in thousands)	January 30, 2021		Amortization		January 29, 2022
Amortized intangible assets:
Technology	$	259	$	259	$	-
Trade names and trademarks		473		473		-
Net amortized intangible assets	$	732	$	732	$	-

The changes in net intangibles from February 1, 2020 to January 30, 2021 were as follows:

(amounts in thousands)	February 1, 2020		Amortization		January 30, 2021
Amortized intangible assets:
Technology	$	647	$	388	$	259
Trade names and trademarks		1,113		640		473
Net amortized intangible assets	$	1,760	$	1,028	$	732

As of October 30, 2022, the intangible assets were fully amortized.