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Property and Equipment, Net
12 Months Ended
Jan. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note 4. Property and Equipment, Net

Property and equipment, net consists of the following as of the dates shown (in thousands):

 

 

January 31,

 

 

2017

 

 

2016

 

Land

$

3,040

 

 

$

3,040

 

Building

 

20,984

 

 

 

20,984

 

Land improvements and building improvements

 

14,731

 

 

 

14,106

 

Equipment and computers

 

7,197

 

 

 

5,910

 

Furniture and fixtures

 

7,322

 

 

 

6,453

 

Leasehold improvements

 

2,615

 

 

 

1,323

 

Construction in progress

 

2,889

 

 

 

 

 

 

58,778

 

 

 

51,816

 

Less accumulated depreciation

 

(8,871

)

 

 

(4,347

)

Total property and equipment, net

$

49,907

 

 

$

47,469

 

Total depreciation expense was $4.9 million, $3.1 million and $1.4 million for the fiscal years ended January 31, 2017, 2016 and 2015, respectively. Land is not depreciated.