Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill

v3.26.1
Goodwill
12 Months Ended
Jan. 31, 2026
Goodwill  
Goodwill

7.  Goodwill

The changes in the carrying amounts of goodwill during fiscal 2025 and 2024 were as follows:

January 31,

February 1,

(In thousands)

2026

  ​ ​ ​

2025

Beginning balance

$

10,870

$

10,870

Acquisitions

213,798

Effect of exchange rate changes

1,753

Ending balance

$

226,421

$

10,870

The Company recognized goodwill of $213,798 during fiscal 2025 related to the acquisition of Space NK (see Note 3, “Acquisitions”).