Property and Equipment

Property and equipment is summarized as follows (in thousands):



	Feb 2, 2019		Feb 3, 2018
Land, buildings and improvements	$	52,039	$	54,035
Leasehold improvements	387,802		380,234
Furniture, fixtures and equipment	410,518		389,393
Construction in progress	18,844		16,555
Assets under capital leases	19,069		19,560
	888,272		859,777
Less accumulated depreciation and amortization	572,714		565,523
	$	315,558	$	294,254

During fiscal 2019 and 2018, the Company entered into capital leases related primarily to computer hardware and software. During fiscal 2018, the Company entered into a capital lease for equipment to be used in its European distribution center in the Netherlands. The accumulated depreciation and amortization related to assets under capital leases was approximately $3.1 million and $0.9 million as of February 2, 2019 and February 3, 2018, respectively, and was included in depreciation expense when recognized. See Note 8 for more information regarding the related capital lease obligations.

Construction in progress represents the costs associated with the construction in progress of leasehold improvements to be used in the Company’s operations, primarily for new and remodeled stores in retail operations.

Impairment

The Company recorded asset impairment charges of $6.9 million, $8.5 million and $34.4 million for fiscal 2019, fiscal 2018 and fiscal 2017, respectively. The asset impairment charges related primarily to the impairment of certain retail locations resulting from under-performance and expected store closures during each of the respective periods.

Impairments to long-lived assets are summarized as follows (in thousands):



	Feb 2, 2019		Feb 3, 2018
Aggregate carrying value of long-lived assets impaired	$	7,111	$	8,728
Less asset impairment charges	6,939		8,479
Aggregate remaining fair value of long-lived assets impaired	$	172	$	249

The Company’s impairment evaluations included testing of 128 retail locations and 233 retail locations during fiscal 2019 and fiscal 2018, respectively, which were deemed to have impairment indicators. The Company concluded that 35 retail locations and 99 retail locations, respectively, were determined to be impaired, as the carrying amounts of the assets exceeded their estimated fair values (determined based on discounted cash flows) at each of the respective dates. Refer to Note 1 for a description of other assumptions that management considers in estimating the future discounted cash flows. If actual results are not consistent with the assumptions and judgments used in estimating future cash flows and asset fair values, there may be additional exposure to future impairment losses that could be material to the Company’s results of operations.