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Goodwill and Indefinite Lived Intangible Assets (Tables)
12 Months Ended
Feb. 02, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Intangible Asset Net

The following table summarizes the activity of the Company’s Goodwill:

(in thousands)

 

Goodwill

 

Balance January 28, 2022

 

 

 

Gross amount

 

$

110.0

 

Accumulated impairment losses

 

 

(3.3

)

Carrying Value

 

 

106.7

 

Impairment loss booked in Fiscal 2022

 

 

 

Balance January 27, 2023

 

 

 

Gross amount

 

 

110.0

 

Accumulated impairment losses

 

 

(3.3

)

Carrying Value

 

 

106.7

 

Impairment loss booked in Fiscal 2023

 

 

106.7

 

Balance February 2, 2024

 

 

 

Gross amount

 

 

110.0

 

Accumulated impairment losses

 

 

(110.0

)

Carrying Value

 

$

 

The carrying value of Intangible asset, net was $257.0 million as of February 2, 2024, January 27, 2023 and January 28, 2022.