PROPERTY AND EQUIPMENT

9 Months Ended

Nov. 02, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY AND EQUIPMENT

Property and equipment, net consist of the following:

	November 2, 2019		February 2, 2019		November 3, 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	52,506		51,934		50,876
Leasehold improvements	299,897		301,233		304,270
Store fixtures and equipment	271,476		273,430		275,279
Capitalized software	264,574		254,064		238,218
Construction in progress	34,287		14,823		20,029
	961,711		934,455		927,623
Accumulated depreciation and amortization	(715,477)		(674,098)		(665,243)
Property and equipment, net	$	246,234	$	260,357	$	262,380

At November 2, 2019, the Company performed impairment testing on 955 stores with a total net book value of approximately $70.1 million. During the Third Quarter 2019, the Company recorded asset impairment charges of $0.8 million primarily for eight stores. During Year-To-Date 2019, the Company recorded asset impairment charges of $1.3 million primarily for 15 stores.

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.