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Property and Equipment, net
12 Months Ended
Jan. 30, 2021
Property Plant And Equipment [Abstract]  
Property and Equipment, net

7.  Property and Equipment, net

Property and equipment, net consists of the following:

 

 

 

January 30,

 

 

February 1,

 

(In thousands)

 

2021

 

 

2020

 

Land

 

$

17,910

 

 

$

17,910

 

Buildings

 

 

216,429

 

 

 

211,814

 

Leasehold improvements

 

 

689,885

 

 

 

721,514

 

Fixtures and equipment

 

 

1,325,711

 

 

 

1,316,198

 

Construction in progress

 

 

1,039

 

 

 

46,992

 

Property and equipment, at cost

 

$

2,250,974

 

 

$

2,314,428

 

Less:  Accumulated depreciation

 

 

(1,627,166

)

 

 

(1,579,308

)

Property and equipment, net

 

$

623,808

 

 

$

735,120

 

 

Depreciation expense is as follows:

 

 

 

For the Years Ended

 

 

 

January 30,

 

 

February 1,

 

 

February 2,

 

(In thousands)

 

2021

 

 

2020

 

 

2019

 

Depreciation expense

 

$

159,413

 

 

$

178,038

 

 

$

164,265

 

 

Additionally, during Fiscal 2020, Fiscal 2019, and Fiscal 2018, the Company recorded $2.2 million, $4.3 million and $2.0 million, respectively, related to asset write-offs within depreciation and amortization expense.