Intangible Assets

12 Months Ended

Jan. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

A summary of the balances of the Company's intangible assets as of January 29, 2023, January 30, 2022, is presented below:


	January 29, 2023									January 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Impairment		Net Carrying Amount		Remaining Useful Life (Years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Remaining Useful Life (Years)
	(In thousands, except in years)

MIRROR brand	$	26,500	$	(3,423)	$	(20,077)	$	3,000	3.0	$	26,500	$	(2,098)	$	24,402	18.4
Customer relationships	28,000		(7,492)		(20,508)		—		n/a	28,000		(4,592)		23,408		8.4
Technology	25,500		(8,956)		—		16,544		3.0	25,500		(5,489)		20,011		5.9
Content	5,000		(2,583)		—		2,417		2.4	5,000		(1,583)		3,417		3.4
Other	270		(270)		—		—		n/a	270		(209)		61		0.7
Intangible assets	$	85,270	$	(22,724)	$	(40,585)	$	21,961	2.9	$	85,270	$	(13,971)	$	71,299	10.9

Amortization of intangible assets was $8.8 million, $8.8 million, and $5.2 million in 2022, 2021, and 2020, respectively. As of January 29, 2023, the Company recorded an impairment charge of $40.6 million related to the intangible assets in the lululemon Studio reporting unit. Please refer to Note 8. Impairment of Goodwill and Other Assets for further information. There were no impairment charges in 2021 and 2020.

The following table presents the future expected amortization expense as of January 29, 2023:


	January 29, 2023
	(In thousands)
2023	$	7,515
2024	7,515
2025	6,931



Total estimated future amortization expense	$	21,961