XML 23 R15.htm IDEA: XBRL DOCUMENT
v3.26.1

Goodwill and Other Intangible Assets | 12 Months Ended
--- | ---
Jan. 31, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Note 3 Goodwill and Other Intangible Assets Goodwill The change in the carrying amount of goodwill for Journeys Group was as follows:
(In thousands) |  | Total Goodwill |
Balance, February 1, 2025 |  | $ | 8,863 |
Effect of foreign currency exchange rates |  |  | 596 |
Balance, January 31, 2026 |  | $ | 9,459 |
Goodwill Valuation (Genesco Brands Group) As required under ASC 350, "Intangibles - Goodwill and Other," we annually assess our goodwill and indefinite lived trade names for impairment and on an interim basis if indicators of impairment are present. Our annual assessment date of goodwill and indefinite lived trade names is the first day of the fourth quarter. In accordance with ASC 350, when indicators of impairment are present on an interim basis, we must assess whether it is “more likely than not” (i.e., a greater than 50% chance) that an impairment has occurred. Due to a dispute during the second quarter of Fiscal 2024 with a Genesco Brands Group licensor regarding renewal of their current license in the normal course, which was resolved in Fiscal 2025, and based on the requirements of ASC 350, we identified indicators of impairment in the second quarter of Fiscal 2024 and determined that it was "more likely than not" that an impairment had occurred and performed a full valuation of our Togast reporting unit. Consistent with our Fiscal 2023 annual assessment, our analyses included preparing an income approach and a market approach model. The fair value estimates under the income approach were sensitive to significant assumptions required to develop prospective financial information related to growth rates in sales, costs, and estimates of future expected changes in operating margins. Other significant assumptions related to estimating the weighted average cost of capital utilized for discounting cash flow estimates and terminal period growth rates. These significant assumptions were affected by expectations about future market or economic conditions. The market approach model considered valuations of comparable companies as an input in the determination of the value of the reporting unit. Based upon the results of these analyses, we concluded the goodwill attributed to Togast was fully impaired. As a result, we recorded a non-cash impairment charge of $28.5 million in the second quarter of Fiscal 2024. Note 3 Goodwill and Other Intangible Assets, Continued Other intangibles by major classes were as follows:
| Trademarks(1) |  | Customer Lists(2) |  | Other(3) |  | Total |
(In thousands) | Jan. 31, 2026 |  | Feb 1, 2025 |  | Jan. 31, 2026 |  | Feb 1, 2025 |  | Jan. 31, 2026 |  | Feb 1, 2025 |  | Jan. 31, 2026 |  | Feb 1, 2025 |
Gross other intangibles | $ | 26,214 |  | $ | 23,839 |  | $ | 6,611 |  | $ | 6,471 |  | $ | 400 |  | $ | 400 |  | $ | 33,225 |  | $ | 30,710 |
Accumulated amortization |  | — |  |  | — |  |  | (4,958 | ) |  | (4,251 | ) |  | (400 | ) |  | (400 | ) |  | (5,358 | ) |  | (4,651 | )
Other Intangibles, net | $ | 26,214 |  | $ | 23,839 |  | $ | 1,653 |  | $ | 2,220 |  | $ | — |  | $ | — |  | $ | 27,867 |  | $ | 26,059 |
(1) Includes a $23.0 million trademark at January 31, 2026 related to Schuh Group and $3.2 million related to Journeys Group. (2) Includes $5.1 million for the Togast acquisition. (3) Backlog for Togast. The amortization of intangibles was $0.6 million for each of Fiscal 2026, Fiscal 2025 and Fiscal 2024. Currently, amortization of intangibles is expected to be $0.6 million for each of the next two years, $0.5 million in three years and no intangible amortization expected after Fiscal 2029.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration