INTANGIBLE ASSETS (Notes)

9 Months Ended

Nov. 02, 2019

Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

4. INTANGIBLE ASSETS

During the first quarter of fiscal 2019, the Company acquired certain intellectual property and related assets (the “Gymboree Assets”) of Gymboree Group, Inc. and related entities, which included the worldwide rights to the names “Gymboree” and “Crazy 8” and other intellectual property, including trademarks, domain names, copyrights, and customer databases. These intangible assets, inclusive of acquisition costs, are recorded in the long-term assets section of the consolidated balance sheets.

The Company's intangible assets were as follows as of November 2, 2019:


		November 2, 2019
	Useful life	Gross amount		Accumulated amortization		Net amount
		(in thousands)
Gymboree tradename⁽¹⁾	Indefinite	$	69,951	$	—	$	69,951
Crazy 8 tradename⁽¹⁾	5 years	4,000		565		3,435
Customer databases⁽²⁾	3 years	3,000		583		2,417
Total intangibles, net		$	76,951	$	1,148	$	75,803

⁽¹⁾Included within Tradenames, net in the consolidated balance sheets.

⁽²⁾Included within Other assets in the consolidated balance sheets.