PROPERTY AND EQUIPMENT

12 Months Ended

Feb. 02, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT, NET

Property and equipment consist of the following:

	February 2, 2019			February 3, 2018
	(in thousands)
Property and equipment:
Land and land improvements	$	3,403		$	3,403
Building and improvements	35,568			35,548
Material handling equipment	51,934			50,102
Leasehold improvements	301,233			308,465
Store fixtures and equipment	273,430			262,363
Capitalized software	254,064			237,786
Construction in progress	14,823			9,498
	934,455			907,165
Less accumulated depreciation and amortization	(674,098		)	(648,628		)
Property and equipment, net	$	260,357		$	258,537

During Fiscal 2018, the Company performed impairment testing on 972 stores with a total net book value of $81.4 million. During Fiscal 2018, the Company recorded $6.1 million of impairment charges of which $1.7 million related to the full impairment of 11 stores, and $4.4 million related to the write-down of information technology systems.

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.