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v3.20.2

Intangible Assets (Tables) | 3 Months Ended
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Aug. 02, 2020
Summary of Intangible Assets | A summary of intangible assets follows:
(dollars in thousands) |  | August 2, 2020 |  |  | August 4, 2019 |  |  | May 3, 2020 |
Tradenames |  | $ | 540 |  |  | $ | 7,232 |  |  | $ | 540 |
Customer relationships, net |  |  | 2,162 |  |  |  | 2,463 |  |  |  | 2,238 |
Non-compete agreement, net |  |  | 584 |  |  |  | 659 |  |  |  | 602 |
|  | $ | 3,286 |  |  | $ | 10,354 |  | (1) | $ | 3,380 |
(1) | As of August 4, 2019, intangible assets totaled $10.4 million, of which $3.8 million and $6.6 million were classified as intangible assets and within noncurrent assets – discontinued operation, respectively, in the accompanying Consolidated Balance Sheets.
Customer Relationships [Member] |
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets | A summary of the change in the carrying amount of our customer relationships follows:
|  | Three months ended |
(dollars in thousands) |  | August 2, 2020 |  |  | August 4, 2019 |
Beginning balance |  | $ | 2,238 |  |  | $ | 2,538 |
Amortization expense |  |  | (76 | ) |  |  | (75 | )
Ending balance |  | $ | 2,162 |  |  | $ | 2,463 |
Non-Compete Agreement [Member] |
Summary of Change in Carrying Amount of Finite-Lived Intangible Assets | A summary of the change in the carrying amount of our non-compete agreement follows:
|  | Three months ended |
(dollars in thousands) |  | August 2, 2020 |  |  | August 4, 2019 |
Beginning balance |  | $ | 602 |  |  | $ | 678 |
Amortization expense |  |  | (18 | ) |  |  | (19 | )
Ending balance |  | $ | 584 |  |  | $ | 659 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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