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These excerpts taken from the ROST 10-K filed Mar 31, 2009. Other long-term
assets. Other long-term assets as of
January 31, 2009 and February 2, 2008 consist of the following:
Intangible assets are principally comprised of lease rights, which are payments made to acquire store leases. An impairment loss would be recognized if the undiscounted cash flow of an asset group was less than the carrying value of the asset group. Lease rights are amortized over the remaining life of the lease. Amortization expense related to these intangible assets was $0.1 million, $0.2 million and $0.3 million for fiscal 2008, 2007 and 2006, respectively. Other long-term assets and certain identifiable intangibles that are subject to amortization are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Intangible assets that are not subject to amortization, including goodwill, are tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. Based on the Company’s evaluation as of January 31, 2009 and February 2, 2008, no adjustments were required to reduce the carrying value of intangible assets to fair value. Other long-term assets. Other long-term assets as of January 31, 2009 and February 2, 2008 consist of the following:
Intangible assets are principally Other long-term assets and certain These excerpts taken from the ROST 10-K filed Apr 1, 2008. Other long-term
assets. Other long-term assets as of
February 2, 2008 and February 3, 2007 consist of the following:
Intangible assets are principally comprised of lease rights, which are payments made to acquire store leases. An impairment loss would be recognized if the undiscounted cash flow of an asset group was less than the carrying value of the asset group. Lease rights are amortized over the remaining life of the lease. Amortization expense related to these intangible assets was $0.0 million, $0.3 million and $0.5 million for fiscal 2007, 2006 and 2005, respectively. Other long-term assets and certain identifiable intangibles that are subject to amortization are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Intangible assets that are not subject to amortization, including goodwill, are tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. Based on the Company’s evaluation as of February 2, 2008 and February 3, 2007, no adjustments were required to reduce the carrying value of intangible assets to fair value. Other long-term assets. Other long-term assets as of February 2, 2008 and February 3, 2007 consist of the following:
Intangible assets are principally Other long-term assets and certain This excerpt taken from the ROST 10-K filed Apr 3, 2007. Other long-term assets. Other long-term assets as of February 3, 2007 and January 28, 2006 consist of the following:
Intangible assets are principally comprised of lease rights, which are payments made to acquire store leases. An impairment loss would be recognized if the undiscounted cash flow of an asset group was less than the carrying value of the asset group. Lease rights are amortized over the remaining life of the lease. Amortization expense related to these intangible assets was $0.3 million, $0.5 million and $0.6 million for fiscal 2006, 2005 and 2004, respectively. 31 Other long-term assets and certain identifiable intangibles that are subject to amortization are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Intangible assets that are not subject to amortization, including goodwill, are tested for impairment annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. Based on the Company’s review as of February 3, 2007 and January 28, 2006, no adjustments were recognized to the carrying value of intangible assets. During fiscal 2004, the Company relocated its corporate headquarters from Newark, California to Pleasanton, California and sold the Newark Facility for net proceeds of approximately $17.4 million. The Company recognized a net impairment charge of approximately $15.8 million related to this disposal. | EXCERPTS ON THIS PAGE:
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