XML 21 R14.htm IDEA: XBRL DOCUMENT
v3.26.1

Asset Impairments | 3 Months Ended
--- | ---
May 02, 2026
Goodwill and Intangible Assets Disclosure [Abstract] |
Asset Impairments | 4. Asset Impairments Long-lived Asset Impairments For the thirteen weeks ended May 2, 2026, the Company recorded noncash impairment charges of $0.2 millio n primarily related to leasehold improvements at certain store locations driven by the actual performance at these locations. The Company reduced the net carrying value of certain long-lived assets to their estimated fair value, which was determined using a discounted cash flows method. For the thirteen weeks ended May 3, 2025, the Company recorded $0.2 million of noncash impairment charges primarily related to leasehold improvements at certain store locations driven by the actual performance at these locations. The Company reduced the net carrying value of certain long-lived assets to their estimated fair value, which was determined using a discounted cash flows method. Goodwill and Other Intangible Assets The balance of goodwill was $59.7 million at May 2, 2026 and January 31, 2026. The accumulated goodwill impairment losses as of May 2, 2026 and January 31, 2026 were $137.3 million. A summary of other intangible assets as of May 2, 2026 and January 31, 2026 is as follows (in thousands):
|  |  |  | May 2, 2026 |
|  | Weighted Average Useful Life (Years) |  | Gross |  |  | Accumulated Amortization |  |  | Accumulated Impairment |  |  | Carrying Amount |
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  | N/A |  | $ | 58,100 |  |  | $ | — |  |  | $ | 24,100 |  |  | $ | 34,000 |
Definite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 13.2 |  |  | 134,200 |  |  |  | 110,397 |  |  |  | 2,620 |  |  |  | 21,183 |
Total intangible assets |  |  |  | $ | 192,300 |  |  | $ | 110,397 |  |  | $ | 26,720 |  |  | $ | 55,183 |
|  |  |  | January 31, 2026 |
|  | Weighted Average Useful Life (Years) |  | Gross |  |  | Accumulated Amortization |  |  | Accumulated Impairment |  |  | Carrying Amount |
Indefinite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Trade name |  | N/A |  | $ | 58,100 |  |  | $ | — |  |  | $ | 24,100 |  |  | $ | 34,000 |
Definite-lived: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 13.2 |  |  | 134,200 |  |  |  | 109,258 |  |  |  | 2,620 |  |  |  | 22,322 |
Total intangible assets |  |  |  | $ | 192,300 |  |  | $ | 109,258 |  |  | $ | 26,720 |  |  | $ | 56,322 |
Total amortization expense for these amortizable intangible assets was $1.1 million and $1.2 million for the thirteen weeks ended May 2, 2026 and May 3, 2025, respectively. The estimated amortization expense for each of the next five years and thereafter is as follows (in thousands):
Fiscal Year |  | Estimated Amortization Expense |
2026(1) |  |  | 3,417 |
2027 |  |  | 4,418 |
2028 |  |  | 4,246 |
2029 |  |  | 4,109 |
2030 |  |  | 4,023 |
Thereafter |  |  | 970 |
Total |  | $ | 21,183 |
(1) Represents amortization expense for the remainder of Fiscal Year 2026. Impairment Tests Goodwill and indefinite-lived intangible assets are not amortized but are reviewed for impairment at least annually, or more frequently when events or changes in circumstances indicate that the carrying value may not be recoverable. Definite-lived intangible assets are reviewed for impairment when events or circumstances indicate that the carrying value may not be recoverable. Judgments regarding indicators of potential impairment are based on market conditions and operational performance of the business. During the thirteen weeks ended May 2, 2026 and May 3, 2025, the Company did not identify any events or circumstances that indicated the fair value of a reporting unit was less than its carrying value.

X
- Definition The entire disclosure for the details of the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Disclosure may also include a description of the impaired asset and facts and circumstances leading to the impairment, amount of the impairment loss and where the loss is located in the income statement, method(s) for determining fair value, and the segment in which the impaired asset is reported. + References No definition available. + Details
Name: | us-gaap_AssetImpairmentChargesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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