XML 22 R12.htm IDEA: XBRL DOCUMENT v3.10.0.1
PROPERTY AND EQUIPMENT
9 Months Ended
Nov. 03, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT
PROPERTY AND EQUIPMENT
Property and equipment, net consist of the following:
 
 
November 3, 2018
 
February 3, 2018
 
October 28, 2017
 
 
(In thousands)
Property and equipment:
 
 

 
 

 
 

Land and land improvements
 
$
3,403

 
$
3,403

 
$
3,403

Building and improvements
 
35,548

 
35,548

 
35,548

Material handling equipment
 
50,876

 
50,102

 
48,345

Leasehold improvements
 
304,270

 
308,465

 
311,093

Store fixtures and equipment
 
275,279

 
262,363

 
249,108

Capitalized software
 
238,218

 
237,786

 
223,318

Construction in progress
 
20,029

 
9,498

 
30,615

 
 
927,623

 
907,165

 
901,430

Accumulated depreciation and amortization
 
(665,243
)
 
(648,628
)
 
(635,200
)
Property and equipment, net
 
$
262,380

 
$
258,537

 
$
266,230



At November 3, 2018, the Company performed impairment testing on 988 stores with a total net book value of approximately $81.6 million. During the Third Quarter 2018, the Company recorded asset impairment charges of $0.4 million primarily for five stores, all of which were fully impaired. During Year-To-Date 2018, the Company recorded asset impairment charges of $1.2 million primarily for nine stores. Additionally, during Year-To-Date 2018, the Company recorded asset impairment charges of $4.4 million related to the write-down of information technology systems. The Company did not incur information technology impairment charges during the Third Quarter 2018.
At October 28, 2017, the Company performed impairment testing on 1,027 stores with a total net book value of approximately $81.7 million. During the Third Quarter 2017, the Company recorded asset impairment charges of $0.4 million for eight stores, all of which were fully impaired. During Year-To-Date 2017, the Company recorded asset impairment charges of $2.3 million for 17 stores, all of which were fully impaired. Additionally, during the Third Quarter 2017, the Company recorded asset impairment charges of $2.4 million related to the write-down of information technology systems.