Property and Equipment, Net

12 Months Ended

Jan. 02, 2022

Property Plant And Equipment [Abstract]

Property and Equipment, Net

(3)Property and Equipment, Net

Property and equipment, net, consist of the following:

	January 2, 2022			January 3, 2021
	(In thousands)
Leasehold improvements	$	176,066		$	170,701
Furniture and equipment		142,638			134,623
Internal-use software		37,188			37,147
Land		2,750			2,750
Building		1,775			1,775
		360,417			346,996
Accumulated depreciation and amortization (1)		(301,852	)		(290,638	)
		58,565			56,358
Assets not placed into service		1,836			887
Property and equipment, net	$	60,401		$	57,245

(1)Includes accumulated amortization for internal-use software development costs of $32.7 million and $30.8 million as of January 2, 2022 and January 3, 2021, respectively.

Depreciation expense associated with property and equipment, including assets leased under finance leases, was $7.6 million and $6.7 million for fiscal 2021 and 2020, respectively. Amortization expense for leasehold improvements was $8.0 million and $8.9 million for fiscal 2021 and 2020, respectively. Amortization expense for internal-use software was $2.1 million and $2.9 million for fiscal 2021 and 2020, respectively. The gross cost of equipment under finance leases, included above, was $16.5 million and $10.1 million as of January 2, 2022 and January 3, 2021, respectively. The accumulated depreciation related to these finance leases was $6.1 million and $5.5 million as of January 2, 2022 and January 3, 2021, respectively.