Goodwill and Intangible Assets

Goodwill activity is summarized by business segment as follows (in thousands):



	Americas Retail			Americas Wholesale			Europe			Asia			Total
Goodwill balance at January 28, 2017	$	1,729		$	9,966		$	21,472		$	933		$	34,100
Adjustments:
Acquisition	—			—			—			566			566
Translation adjustments	36			6			3,653			120			3,815
Goodwill balance at February 3, 2018	1,765			9,972			25,125			1,619			38,481
Adjustments:
Acquisition	—			—			857			—			857
Translation adjustments	(34		)	(6		)	(2,120		)	(106		)	(2,266		)
Goodwill balance at February 2, 2019	$	1,731		$	9,966		$	23,862		$	1,513		$	37,072

The Company has no accumulated impairment related to goodwill.

From time-to-time, the Company may acquire certain retail locations from its wholesale partners which may result in the recognition of goodwill or other intangible assets. During fiscal 2019, the Company recognized goodwill of approximately $0.9 million related to the acquisition of 10 retail locations from one of its European wholesale partners. During fiscal 2018, the Company recognized goodwill of approximately $0.6 million related to the acquisition of 14 retail locations from three of its Asian wholesale partners.

Other intangible assets as of February 2, 2019 consisted primarily of lease and licensee acquisition costs related to European acquisitions. Gross intangible assets were $34.2 million and $33.6 million as of February 2, 2019 and February 3, 2018, respectively. The accumulated amortization of intangible assets with finite useful lives was $27.3 million and $27.6 million for the years ended February 2, 2019 and February 3, 2018, respectively. For these assets, amortization expense over the next five years is expected to be approximately $1.7 million in fiscal 2020, $1.3 million in fiscal 2021, $1.0 million in fiscal 2022, $0.8 million in fiscal 2023, $0.5 million in fiscal 2024 and $1.6 million thereafter.