Company: SPWH
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0000950170-25-048890
Chunk: 606

Company: SPORTSMAN'S WAREHOUSE HOLDINGS, INC.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 6
Chunk 606
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, for the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

(4) Definite Lived Intangible Assets Definite lived intangible assets consisted of the following as of February 1, 2025 and February 3, 2024: 

        February 1, 2025

        Amortization Period
         
        Gross carrying amount

        Accumulated amortization

        Net carrying amount

        Amortizing intangible assets:

        Domain Name
         
        10 years

        450

        (229
        )

        221

        Intellectual Property
         
        8 years

        100

        (54
        )

        46

        Total

        $
        550

        (283
        )

        267

        February 3, 2024

        Amortization Period
         
        Gross carrying amount

        Accumulated amortization

        Net carrying amount

        Amortizing intangible assets:

        Domain Name
         
        10 years

        450

        (181
        )

        269

        Intellectual Property
         
        8 years

        100

        (42
        )

        58

        Total

        $
        550

        (223
        )

        327

73

 Amortization expense for definite lived intangible asset was $60, $62, and $66, for the fiscal years ended February 1, 2025, February 3, 2024, and January 28, 2023, respectively.

(5) Leases At the inception of the lease, the Company’s operating leases have remaining certain lease terms of up to 15 years, which typically includes multiple options for the Company to extend the lease which are not reasonably certain. In the fiscal year ended February 1, 2025, the Company recorded a non-cash increase of $15,511, to ROU assets and operating lease liabilities resulting from lease remeasurements from the exercise of lease extension options, acquired leases, and new leases added.The Company has certain retail locations at which the leases provide for variable payments for common area maintenance, property taxes, insurance and rental payments based on future sales volumes at the leased location, which are not measurable at the inception of the lease. The Company recognizes variable lease expense for these