Property and Equipment, Net

3 Months Ended

May 05, 2018

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of:



(in thousands)	May 5, 2018			February 3, 2018
Property and equipment, at cost	$	2,799,842		$	2,821,709
Less: Accumulated depreciation and amortization	(2,090,835		)	(2,083,527		)
Property and equipment, net	$	709,007		$	738,182

The Company incurred store asset impairment charges of $1.1 million and $0.7 million for the thirteen weeks ended May 5, 2018 and April 29, 2017, respectively, primarily related to certain of the Company’s international Abercrombie & Fitch flagship stores.

The Company had $37.0 million and $38.7 million of construction project assets in property and equipment, net at May 5, 2018 and February 3, 2018, respectively, related to the construction of buildings in certain lease arrangements where the Company is deemed to be the owner of the construction project.