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Intangible Assets (Tables)

3 Months Ended

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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