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Property and Equipment
12 Months Ended
Sep. 30, 2012
Property and Equipment  
Property and Equipment

6.     Property and Equipment

        The property and equipment consisted of the following:

 
  Fiscal Year Ended  
 
  September 30,
2012
  October 2,
2011
 
 
  (in thousands)
 
  
   
   
 

Land and buildings

  $ 5,537   $ 11,729  

Equipment, furniture and fixtures

    177,710     160,644  

Leasehold improvements

    26,180     23,304  
           

Total property and equipment

    209,427     195,677  

Accumulated depreciation

    (135,118 )   (118,141 )
           

Property and equipment, net

  $ 74,309   $ 77,536  
           

        The depreciation expense related to property and equipment, including assets under capital leases, was $26.7 million, $27.1 million and $20.4 million for fiscal 2012, 2011 and 2010, respectively.

        During the fourth quarter of fiscal 2012, one of our properties met the held for sale classification criteria at fiscal 2012 year-end. This property consists of land and a building at a net book value of $5.8 million. We estimated the fair value of this property using market values for similar properties, and this is considered a Level 3 measurement as defined in FASB's guidance on "Fair Value Measurements and Disclosures." After adjustment to fair value, the $2.4 million carrying value of this property has been reclassified to "Prepaid expenses and other current assets" in the consolidated balance sheet at September 30, 2012. Additionally, we recorded the related non-cash impairment charge of $3.4 million in our corporate "Selling, general and administrative expenses" in the consolidated statement of income for fiscal 2012.