Intangible Assets |
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Intangible Assets [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets |
Note 4. Intangible Assets
The determination of the fair value of intangible assets acquired in a business acquisition, including the
Company’s acquisition of Kaspien in 2016, is subject to many estimates and assumptions. Our identifiable intangible assets that resulted from our acquisition of Kaspien consist of technology and tradenames. As of October 30, 2021, the
intangible assets were fully amortized. Amortization
expense of intangible assets for the thirteen weeks ended July 30, 2022 and July 31, 2021 consisted of the following:
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