Property and Equipment

12 Months Ended

Feb. 01, 2014

7.	Property and Equipment

Property and equipment consists of the following:


*(In thousands)*	February 1, 2014			February 2, 2013
Land	$	20,196		$	6,364
Buildings		143,856			153,729
Leasehold improvements		600,572			591,736
Fixtures and equipment		732,228			671,075
Construction in progress		102,974			8,725

Property and equipment, at cost	$	1,599,826		$	1,431,630
Less: Accumulated depreciation		(962,409	)		(921,997	)

Property and equipment, net	$	637,417		$	509,633

Depreciation expense is summarized as follows:


	For the Years Ended
*(In thousands)*	February 1, 2014		February 2, 2013		January 28, 2012
Depreciation expense	$	116,761	$	122,756	$	135,244

Additionally, during Fiscal 2013, Fiscal 2012 and Fiscal 2011, the Company recorded $14.6 million, $3.7 million and $3.4 million, respectively, related to asset write-offs within depreciation and amortization expense.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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