XML 20 R10.htm IDEA: XBRL DOCUMENT v3.22.2
PROPERTY AND EQUIPMENT - NET
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT - NET PROPERTY AND EQUIPMENT - NET
Property and equipment consisted of the following as of June 30, 2022 and December 31, 2021:
(in thousands)June 30,
2022		December 31,
2021
Leasehold improvements$34,198 $27,137 
Furniture and fixtures19,835 15,276 
Internal-use software18,717 14,453 
Machinery and equipment879 780 
Computers and equipment1,523 1,236 
Total property and equipment - gross75,152 58,882 
Less: accumulated depreciation and amortization(27,292)(20,927)
Total property and equipment - net$47,860 $37,955 
Depreciation and amortization expense for the three and six months ended June 30, 2022 was $3.7 million and $7.1 million, respectively, and for the three and six months ended June 30, 2021 was $2.5 million and $4.3 million, respectively, recognized in selling, general, and administrative expense in the condensed consolidated statements of operations and comprehensive loss. There were no assets disposed of in the three and six months ended June 30, 2022 and $0.0 and $0.2 million assets were disposed of for the three and six months ended June 30, 2021, respectively. As of June 30, 2022 and December 31, 2021, unamortized capitalized internal-use software costs were $13.4 million and $10.6 million, respectively.
Geographic Information
The following table summarizes our long-lived assets by geographic area, which consist of property and equipment, net. No individual foreign country represented in excess of 10% of total long-lived assets balance as of June 30, 2022 and December 31, 2021:
(in thousands)June 30,
2022		December 31,
2021
United States$43,588 $33,384 
International4,272 4,571 
Total long-lived assets$47,860 $37,955 
As of June 30, 2022, the vast majority of our retail stores around the world remained open. To date, we have not permanently closed any of our retail stores due to COVID-19. Temporary closures of stores as a result of COVID‐19 were considered to be a qualitative indicator of impairment and we performed an assessment of recoverability by asset group for long-lived assets. As a result of the analysis, no impairment charge was considered necessary.