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

Annual report pursuant to Section 13 and 15(d)

Other intangible assets

Other intangible assets

12 Months Ended

Jan. 30, 2021

Other intangible assets

Other intangible assets

9. Other intangible assets

Other intangible assets subject to amortization consists of the following:


				January 30, 2021									February 1, 2020
		Weighted-average		Gross									Gross
		remaining useful		carrying			Accumulated						carrying			Accumulated
(In thousands)		life in years		value			amortization			Net			value			amortization			Net
Developed technology		2.7		$	4,631		$	(2,166)		$	2,465		$	4,631		$	(1,240)		$	3,391

Amortization expense related to intangible assets was $926, $926, and $314 in fiscal 2020, fiscal 2019, and fiscal 2018, respectively.

Estimated amortization expense related to intangible assets at January 30, 2021, for the next five years and thereafter is as follows:


				Estimated
				amortization
				expense
Fiscal year				(In thousands)
2021				$	926
2022					926
2023					613
2024					—
2025					—
2026 and thereafter					—
				$	2,465