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INTANGIBLE ASSETS | 12 Months Ended
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Jan. 31, 2020
Business Combinations [Abstract] |
INTANGIBLE ASSETS | ​ ​ NOTE F — INTANGIBLE ASSETS ​ Intangible assets consist of: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
January 31, 2020 |  | Estimated Life |  | Gross Carrying Amount |  | Accumulated Amortization | ​ | Net Carrying Amount
​ | ​ | ​ | ​ | (In thousands)
Finite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Licenses | ​ | 14 years | ​ | $ | 19,258 | ​ | $ | (16,107) | ​ | $ | 3,151
Trademarks | ​ | 8-12 years | ​ | ​ | 2,194 | ​ | ​ | (2,194) | ​ | ​ | —
Customer relationships | ​ | 15-17 years | ​ | ​ | 48,214 | ​ | ​ | (14,831) | ​ | ​ | 33,383
Other | ​ | 5-10 years | ​ | ​ | 7,757 | ​ | ​ | (5,928) | ​ | ​ | 1,829
Total finite-lived intangible assets | ​ | ​ | ​ | $ | 77,423 | ​ | $ | (39,060) | ​ | $ | 38,363
Indefinite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Goodwill | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 260,622
Trademarks | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 438,658
Total indefinite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 699,280
Total intangible assets, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 737,643
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
January 31, 2019 |  | Estimated Life |  | Gross Carrying Amount |  | Accumulated Amortization | ​ | Net Carrying Amount
​ | ​ | ​ | ​ | (In thousands)
Finite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Licenses | ​ | 14 years | ​ | $ | 19,395 | ​ | $ | (15,692) | ​ | $ | 3,703
Trademarks | ​ | 8-12 years | ​ | ​ | 2,194 | ​ | ​ | (2,194) | ​ | ​ | —
Customer relationships | ​ | 15-17 years | ​ | ​ | 48,261 | ​ | ​ | (11,887) | ​ | ​ | 36,374
Other | ​ | 5-10 years | ​ | ​ | 7,313 | ​ | ​ | (4,986) | ​ | ​ | 2,327
Total finite-lived intangible assets | ​ | ​ | ​ | $ | 77,163 | ​ | $ | (34,759) | ​ | $ | 42,404
Indefinite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Goodwill | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 261,137
Trademarks | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 439,742
Total indefinite-lived intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 700,879
Total intangible assets, net | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 743,283
​ Amortization expense ​ Amortization expense with respect to finite-lived intangibles amounted to $4.5 million, $4.6 million and $4.5 million for the years ended January 31, 2020, 2019 and 2018, respectively. ​ The estimated amortization expense with respect to intangibles for the next five years is as follows: ​
​ | ​ | ​ | ​
Year Ending January 31, |  | Amortization Expense
​ | ​ | (In thousands)
2021 | ​ | $ | 3,999
2022 | ​ | ​ | 3,523
2023 | ​ | ​ | 3,200
2024 | ​ | ​ | 2,962
2025 | ​ | ​ | 2,934
​ Intangible assets with finite lives are amortized over their estimated useful lives and measured for impairment when events or circumstances indicate that the carrying value may be impaired. ​ Change in Goodwill ​ Changes in the amounts of goodwill for each of the years ended January 31, 2020 and 2019 are summarized by reportable segment as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Wholesale |  | Retail |  | Total
January 31, 2018 | ​ | $ | 262,710 | ​ | ​ | — | ​ | ​ | 262,710
Currency translation | ​ | ​ | (1,573) | ​ | ​ | — | ​ | ​ | (1,573)
January 31, 2019 | ​ | ​ | 261,137 | ​ | ​ | — | ​ | ​ | 261,137
Currency translation | ​ | ​ | (515) | ​ | ​ | — | ​ | ​ | (515)
January 31, 2020 | ​ | $ | 260,622 | ​ | $ | — | ​ | $ | 260,622
​ Goodwill represents the excess of the purchase price and related costs over the value assigned to net tangible and identifiable intangible assets of businesses acquired and accounted for under the purchase method. The Company reviews and tests its goodwill and intangible assets with indefinite lives for impairment at least annually, or more frequently if events or changes in circumstances indicate that the carrying amount of such assets may be impaired. The Company performs the test as of January 31 of each year using a qualitative evaluation or a quantitative test that is a combination of a discounted cash flow analysis and a market approach. The discounted cash flow approach requires that certain assumptions and estimates be made regarding industry economic factors and future profitability. The market approach estimates the fair value based on comparisons with the market values and market multiples of earnings and revenues of similar public companies. ​

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- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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