Impairment of Goodwill and Other Assets (Tables)

12 Months Ended

Jan. 29, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Events as of January 29, 2023 indicated the Company should conduct an impairment test for the goodwill, intangible assets, and property and equipment related to lululemon Studio (formerly MIRROR). Sales of hardware units did not meet the

Company's fourth quarter expectations and the Company revised its short and long term forecasts for lululemon Studio, with an adverse impact on expected cash flows. As a result, the Company updated its strategy for the lululemon Studio reporting unit.

During the fourth quarter of 2022, the Company recorded impairment of goodwill and other assets related to the lululemon Studio business unit. The following table summarizes the amounts recognized:


	2022
	(In thousands)
Costs recorded in cost of goods sold:
Obsolescence provision	$	62,928

Costs recorded in operating expenses:
Impairment of goodwill	$	362,492
Impairment of intangible assets	40,585
Impairment of property and equipment	4,836
Impairment of goodwill and other assets	407,913

Total pre-tax charges	$	470,841

Income tax effects of charges	$	(28,171)
Total after-tax charges	$	442,670