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Intangible Assets (Tables)

9 Months Ended

Jan. 31, 2021

Summary of Intangible Assets

A summary of intangible assets follows:

(dollars in thousands)		January 31, 2021				February 2, 2020					May 3, 2020
Tradename		$	540			$	4,804				$	540
Customer relationships, net			2,012				2,313					2,238
Non-compete agreement, net			546				621					602
		$	3,098			$	7,738		(1)		$	3,380

(1) As of February 2, 2020, intangible assets totaled $7.7 million, of which $3.6 million and $4.1 million were classified as (i) intangible assets and (ii) within noncurrent assets – discontinued operation, respectively, in the accompanying Consolidated Balance Sheets.

Summary of Change in Acquired Tradenames

A summary of the change in the carrying amount of our tradenames follows:

		Nine months ended
(dollars in thousands)		January 31, 2021				February 2, 2020
Beginning balance		$	540			$	7,232
Asset impairment charge - discontinued operation			—				(2,428	)
Ending balance		$	540			$	4,804

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:

		Nine months ended
(dollars in thousands)		January 31, 2021				February 2, 2020
Beginning balance		$	2,238			$	2,538
Amortization expense			(226	)			(225	)
Ending balance		$	2,012			$	2,313

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:

		Nine months ended
(dollars in thousands)		January 31, 2021				February 2, 2020
Beginning balance		$	602			$	678
Amortization expense			(56	)			(57	)
Ending balance		$	546			$	621

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