Property And Equipment

12 Months Ended

Feb. 29, 2020

Property, Plant and Equipment [Abstract]

Property And Equipment

PROPERTY AND EQUIPMENT

	As of February 29 or 28
(In thousands)	2020			2019
Land	$	874,904		$	789,125
Land held for development (1)	73,268			81,100
Buildings	2,186,945			2,211,929
Leasehold improvements	278,781			247,121
Furniture, fixtures and equipment	750,888			671,166
Construction in progress	171,236			125,010
Total property and equipment	4,336,022			4,125,451
Less: accumulated depreciation and amortization	(1,266,920		)	(1,297,393		)
Property and equipment, net	$	3,069,102		$	2,828,058

 ⁽¹⁾  Land held for development represents land owned for potential store growth.

Depreciation expense was $190.6 million in fiscal 2020, $169.8 million in fiscal 2019 and $158.6 million in fiscal 2018.