Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Impairment, restructuring and other costs (Tables)

Impairment, restructuring and other costs (Tables)

12 Months Ended

Jan. 30, 2021

Impairment, restructuring and other costs

Summary of impairment, restructuring and other costs


	Fiscal year ended
	January 30,
(In thousands)	2021
Impairment of long-lived tangible and right-of-use assets (1)	$	41,948

Store closures
Impairment of long-lived tangible and right-of-use assets (1)		19,569
Lease termination costs		7,443
Severance (2)		489
Total store closures		27,501

Suspension of Canadian expansion
Impairment of long-lived tangible and right-of-use assets (1)		11,016
Lease termination costs		17,388
Severance (2)		717
Total suspension of Canadian expansion		29,121

Other severance (2)		15,752
Total (3)	$	114,322

(1)

Amount included in the non-cash $72,533 long-lived asset impairment charge on the consolidated statements of cash flows for the fiscal year ended January 30, 2021.

(2)

As of January 30, 2021, there was $9,476 in accrued liabilities on the consolidated balance sheets primarily for severance.

(3)

There were no impairment, restructuring and other costs recognized during the fiscal years ended February 1, 2020 and February 2, 2019.