Property and Equipment

12 Months Ended

Jan. 31, 2015

7.	Property and Equipment

Property and equipment consists of the following:


*(In thousands)*	January 31, 2015			February 1, 2014
Land	$	17,495		$	17,986
Buildings		201,024			140,600
Leasehold improvements		571,312			600,572
Fixtures and equipment		852,408			732,228
Construction in progress		42,470			102,974

Property and equipment, at cost	$	1,684,709		$	1,594,360
Less: Accumulated depreciation		(989,853	)		(961,374	)

Property and equipment, net	$	694,856		$	632,986

Depreciation expense is summarized as follows:


	For the Years Ended
*(In thousands)*	January 31, 2015		February 1, 2014		February 2, 2013
Depreciation expense	$	132,529	$	116,761	$	122,756

Additionally, during Fiscal 2014, Fiscal 2013 and Fiscal 2012, the Company recorded $6.4 million, $14.6 million and $3.7 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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