PROPERTY AND EQUIPMENT

3 Months Ended

May 04, 2019

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

Property and equipment, net consist of the following:

	May 4, 2019			February 2, 2019			May 5, 2018
	(In thousands)
Property and equipment:
Land and land improvements	$	3,403		$	3,403		$	3,403
Building and improvements	35,568			35,568			35,548
Material handling equipment	51,934			51,934			50,102
Leasehold improvements	299,735			301,233			309,365
Store fixtures and equipment	270,755			273,430			265,770
Capitalized software	256,343			254,064			239,770
Construction in progress	20,568			14,823			20,980
	938,306			934,455			924,938
Accumulated depreciation and amortization	(688,470		)	(674,098		)	(664,176		)
Property and equipment, net	$	249,836		$	260,357		$	260,762

At May 4, 2019, the Company performed impairment testing on 971 stores with a total net book value of approximately $72.0 million. During the First Quarter 2019, the Company recorded asset impairment charges of $0.3 million primarily for five stores, all of which were fully impaired.

At May 5, 2018, the Company performed impairment testing on 1,002 stores with a total net book value of approximately $79.4 million. During the First Quarter 2018, the Company recorded asset impairment charges of $0.3 million for two stores, both of which were fully impaired.