Property and Equipment

12 Months Ended

Jan. 28, 2017

Property, Plant and Equipment [Abstract]

Property and equipment consisted of (in thousands):



	January 28, 2017			January 30, 2016			Estimated Useful Lives (In Years)
Buildings and improvements	$	17,122		$	26,325		Lesser of useful life or lease term
Furniture and fixtures	31,404			34,599			5-7
Machinery and equipment	8,784			8,432			3-7
	57,310			69,356
Less:
Accumulated depreciation	(40,618		)	(43,464		)
	$	16,692		$	25,892

Depreciation and amortization expense on property and equipment for fiscal 2016 and fiscal 2015 was $6.7 million and $6.3 million, respectively which included depreciation expense relating to building and equipment under capital leases of $0.2 million for both fiscal 2016 and 2015. Accumulated depreciation for building and equipment under capital leases was $0.4 million at January 28, 2017 and $0.2 million at January 30, 2016. Net assets under capital leases were $0.1 million and $0.2 million at January 28, 2017 and January 30, 2016, respectively.

During fiscal 2016 and 2015, the Company recorded noncash impairment charges of approximately $5.6 million and $1.0 million, respectively, to reduce the net carrying value of certain retail store assets (primarily leasehold improvements) to their estimated fair value, which was determined based on discounted expected future cash flows. Lower than expected operating cash flow performance relative to the affected assets and the impact of the current economic environment on their projected future results of operations indicated that the carrying value of the related long-lived assets were not recoverable. These asset impairment charges are included in asset impairment in the accompanying consolidated statements of operations. See Note 13 for further discussion of capital leases.