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INTANGIBLE ASSETS
 3 Months Ended
May 03, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
On April 4, 2019, the Company acquired certain intellectual property and related assets of Gymboree Group, Inc. and related entities, which included the worldwide rights to the Gymboree tradename. The Gymboree tradename is recorded in the long-term assets section of the consolidated balance sheets.
The Company’s intangible assets were as follows:
May 3, 2025
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$13,000 $— $13,000 
Total intangible assets$13,000 $— $13,000 
February 1, 2025
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$13,000 $— $13,000 
Crazy 8 tradename
5 years4,000 (4,000)— 
Total intangible assets$17,000 $(4,000)$13,000 
May 4, 2024
Useful LifeGross AmountAccumulated AmortizationNet Amount
(in thousands)
Gymboree tradename
Indefinite$41,000 $— $41,000 
Crazy 8 tradename
5 years4,000 (4,000)— 
Total intangible assets$45,000 $(4,000)$41,000 
The Company recorded an impairment charge on the Gymboree tradename of $28.0 million in Fiscal 2024, which reduced the carrying value to its fair value of $13.0 million. The Company did not identify any indicators of impairment in the First Quarter 2025 and First Quarter 2024.