Property and Equipment, net

12 Months Ended

Jan. 29, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, net

8. Property and Equipment, net

Property and equipment, net consists of the following:

	January 29,			January 30,
(In thousands)	2022			2021
Land	$	17,910		$	17,910
Buildings		219,194			216,429
Leasehold improvements		739,245			689,885
Fixtures and equipment		1,496,972			1,325,711
Construction in progress		7,117			1,039
Property and equipment, at cost	$	2,480,438		$	2,250,974
Less: Accumulated depreciation		(1,752,166	)		(1,627,166	)
Property and equipment, net	$	728,272		$	623,808

Depreciation expense is as follows:

	For the Years Ended
	January 29,		January 30,		February 1,
(In thousands)	2022		2021		2020
Depreciation expense	$	161,492	$	159,413	$	178,038

Additionally, during Fiscal 2021, Fiscal 2020, and Fiscal 2019, the Company recorded $4.4 million, $2.2 million and $4.3 million, respectively, related to asset write-offs within depreciation and amortization expense.