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Property and Equipment and Hosted Cloud Computing Arrangements
12 Months Ended
Feb. 01, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment and Hosted Cloud Computing Arrangements

Note 5 – Property and Equipment and Hosted Cloud Computing Arrangements

The following is a summary of property and equipment:

 

(In thousands)

 

February 1,

2020

 

 

February 2,

2019

 

Land

 

$

1,564

 

 

$

0

 

Buildings

 

 

6,636

 

 

 

0

 

Furniture, fixtures and equipment

 

 

153,198

 

 

 

156,596

 

Leasehold improvements

 

 

105,611

 

 

 

110,824

 

Total

 

 

267,009

 

 

 

267,420

 

Less accumulated depreciation and amortization

 

 

(199,228

)

 

 

(196,815

)

Property and equipment – net

 

$

67,781

 

 

$

70,605

 

 

In fiscal 2019, we recorded an impairment charge of $1.2 million on long-lived assets held and used, which was included in selling, general and administrative expenses for the period. Subsequent to this impairment, these long-lived assets had no remaining unamortized basis. There were no impairments of long-lived assets recorded during fiscal 2018.  In fiscal 2017, we recorded an impairment charge of $5.1 million on long-lived assets held and used, which was included in selling, general and administrative expenses for the period.  Subsequent to this impairment, these long-lived assets had a remaining unamortized basis of $4.7 million.   

We have engaged several third party providers of cloud computing arrangements that are service contracts to host our Customer Relationship Management (“CRM”) platform and our transportation, warehouse and e-commerce order management systems.   Total gross capitalized costs as of February 1, 2020 and February 2, 2019 were $8.1 million and $1.2 million, respectively, for these arrangements.  Accumulated amortization totaled $122,000 at February 1, 2020 and was $0 at February 2, 2019.  Total amortization expense was $122,000 during fiscal year 2019.  As of February 1, 2020, $713,000 is classified in Other current assets and $7.3 million is classified as Other noncurrent assets in our consolidated balance sheet, net of accumulated amortization.