Fixed Assets, net

12 Months Ended

Oct. 31, 2015

Property, Plant and Equipment [Abstract]

Fixed assets consisted of the following as of the dates indicated:



	October 31,
In thousands	2015			2014
Furniture and other equipment	$	79,569		$	103,554
Leasehold improvements	134,154			163,894
Computer software and equipment	103,431			106,238
Land use rights	31,640			37,409
Land and buildings	9,145			10,626
Construction in progress	3,845			12,935
Total fixed assets, gross	361,784			434,656
Accumulated depreciation and amortization	(201,405		)	(220,888		)
Total fixed assets, net	$	160,379		$	213,768

During fiscal 2015, 2014 and 2013, the Company recorded approximately $36 million, $49 million, and $47 million, respectively, in depreciation expense and approximately $16 million, $11 million, and $12 million, respectively, in fixed asset impairments, primarily related to under-performing retail stores.

In general, under-performing retail stores are stores generating minimal or negative cash flows and are not expected to become profitable in the foreseeable future. The Company continues to close under-performing stores as soon as practicable. Certain store closures are being impacted by the Debtor's bankruptcy proceedings. The Company expects to incur future impairment charges as it continues to close under-performing stores.