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Goodwill and Intangible Assets | 9 Months Ended
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Oct. 29, 2022
Goodwill and Intangible Assets |
Goodwill and Intangible Assets | Note 8 Goodwill and Intangible Assets Goodwill and intangible assets were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
($ thousands) |  | October 29, 2022 |  | October 30, 2021 |  | January 29, 2022
Intangible Assets |  | ​ |  |  | ​ |  |  | ​ |
Famous Footwear | ​ | $ | 2,800 | ​ | $ | 2,800 | ​ | $ | 2,800
Brand Portfolio | ​ |  | 342,083 | ​ |  | 342,083 | ​ |  | 342,083
Total intangible assets | ​ |  | 344,883 | ​ |  | 344,883 | ​ |  | 344,883
Accumulated amortization | ​ |  | (131,419) | ​ |  | (119,214) | ​ |  | (122,336)
Total intangible assets, net | ​ |  | 213,464 | ​ |  | 225,669 | ​ |  | 222,547
Goodwill | ​ |  |  | ​ |  |  | ​ |  |
Brand Portfolio (1) | ​ |  | 4,956 | ​ |  | 4,956 | ​ |  | 4,956
Total goodwill | ​ |  | 4,956 | ​ |  | 4,956 | ​ |  | 4,956
Goodwill and intangible assets, net | ​ | $ | 218,420 | ​ | $ | 230,625 | ​ | $ | 227,503
(1) | The carrying amount of goodwill as of October 29, 2022, October 30, 2021 and January 29, 2022 is presented net of accumulated impairment charges of $415.7 million.
The Company’s intangible assets as of October 29, 2022, October 30, 2021 and January 29, 2022 were as follows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
($ thousands) |  | October 29, 2022
​ |  | Estimated Useful Lives |  | ​ | ​ |  | Accumulated |  | Accumulated |  | ​ | ​
​ | ​ | (In Years) | ​ | Cost Basis | ​ | Amortization | ​ | Impairment | ​ | Net Carrying Value
Trade names |  | 2 - 40 | ​ | $ | 299,488 | ​ | $ | 119,461 | ​ | $ | 10,200 | ​ | $ | 169,827
Trade names |  | Indefinite | ​ |  | 107,400 | ​ |  | — | ​ |  | 92,000 | ​ |  | 15,400
Customer relationships |  | 15 - 16 |  |  | 44,200 |  |  | 11,958 |  |  | 4,005 |  |  | 28,237
​ | ​ | ​ | ​ | $ | 451,088 | ​ | $ | 131,419 | ​ | $ | 106,205 | ​ | $ | 213,464
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | October 30, 2021
​ |  | Estimated Useful Lives |  | ​ | ​ |  | Accumulated |  | Accumulated |  | ​ | ​
​ | ​ | (In Years) | ​ | Cost Basis | ​ | Amortization | ​ | Impairment | ​ | Net Carrying Value
Trade names |  | 2 - 40 | ​ | $ | 299,488 | ​ | $ | 109,545 | ​ | $ | 10,200 | ​ | $ | 179,743
Trade names |  | Indefinite | ​ |  | 107,400 | ​ |  | — | ​ |  | 92,000 | ​ |  | 15,400
Customer relationships |  | 15 - 16 |  |  | 44,200 |  |  | 9,669 |  |  | 4,005 |  |  | 30,526
​ | ​ | ​ | ​ | $ | 451,088 | ​ | $ | 119,214 | ​ | $ | 106,205 | ​ | $ | 225,669
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | January 29, 2022
​ |  | Estimated Useful Lives |  | ​ | ​ |  | Accumulated |  | Accumulated |  | ​ | ​
​ | ​ | (In Years) | ​ | Cost Basis | ​ | Amortization | ​ | Impairment | ​ | Net Carrying Value
Trade names |  | 2 - 40 | ​ | $ | 299,488 | ​ | $ | 112,061 | ​ | $ | 10,200 | ​ | $ | 177,227
Trade names |  | Indefinite | ​ |  | 107,400 | ​ |  | — | ​ |  | 92,000 | ​ |  | 15,400
Customer relationships |  | 15 - 16 |  |  | 44,200 |  |  | 10,275 |  |  | 4,005 |  |  | 29,920
​ | ​ | ​ | ​ | $ | 451,088 | ​ | $ | 122,336 | ​ | $ | 106,205 | ​ | $ | 222,547
​ Amortization expense related to intangible assets was $3.0 million and $3.1 million for the thirteen weeks ended October 29, 2022 and October 30, 2021, respectively, and $9.1 million and $9.4 million for the thirty-nine weeks ended October 29, 2022 and October 30, 2021, respectively. The Company estimates that amortization expense related to intangible assets will be approximately $12.1 million in 2022, $11.9 million in 2023 and $11.0 million in each of the fiscal years 2024, 2025 and 2026. Goodwill is tested for impairment at least annually, or more frequently if events or circumstances indicate it might be impaired, using either the qualitative assessment or a quantitative fair value-based test. The Company recorded no goodwill impairment charges during the thirty-nine weeks ended October 29, 2022 or October 30, 2021. Indefinite-lived intangible assets are tested for impairment as of the first day of the fourth quarter of each fiscal year unless events or circumstances indicate an interim test is required. The Company recorded no impairment charges for indefinite-lived intangible assets during the thirty-nine weeks ended October 29, 2022 or October 30, 2021.

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