PROPERTY AND EQUIPMENT

12 Months Ended

Feb. 03, 2018

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following:

	February 3, 2018			January 28, 2017
	(in thousands)
Property and equipment:
Land and land improvements	$	3,403		$	3,403
Building and improvements	35,548			35,548
Material handling equipment	50,102			48,345
Leasehold improvements	308,465			317,884
Store fixtures and equipment	262,363			251,055
Capitalized software	237,786			204,901
Construction in progress	9,498			7,316
	907,165			868,452
Less accumulated depreciation and amortization	(648,628		)	(604,172		)
Property and equipment, net	$	258,537		$	264,280

During Fiscal 2017, the Company performed impairment testing on 1,014 stores with a total net book value of $79.4 million. During Fiscal 2017, the Company recorded $2.8 million of impairment charges primarily related to 21 stores, all of which were fully impaired. Additionally, the Company recorded asset impairment charges of $2.4 million related to the write-down of information technology systems.

During Fiscal 2016, the Company performed impairment testing on 1,039 stores with a total net book value of $91.4 million. During Fiscal 2016, the Company recorded $2.7 million of impairment charges primarily related to 28 underperforming stores, of which 11 were fully impaired and 17 were partially impaired. Additionally, the Company recorded asset impairment charges of $1.3 million related to the write-down of some previously capitalized development costs and information technology systems.

During Fiscal 2015, the Company performed impairment testing on 1,069 stores with a total net book value of $114.5 million. During Fiscal 2015, the Company recorded $2.4 million of impairment charges primarily related to 22 underperforming stores, of which 10 were fully impaired and 12 were partially impaired.