Property And Equipment, Net

12 Months Ended

Jan. 30, 2012

Property And Equipment, Net [Abstract]

NOTE 5 — PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consisted of the following as of January 31, 2012 and 2011:


			Successor
	Estimated Useful Life		2012			2011
Land			$	230,797		$	231,601
Leasehold improvements		3-25 years		114,156			97,645
Buildings and improvements		3-40 years		232,373			230,136
Equipment, furniture and fixtures		3-10 years		143,899			117,154
Capital leases		3-33 years		41,337			39,794

				762,562			716,330
Less: accumulated depreciation and amortization⁽¹⁾				(117,010	)		(39,980	)

			$	645,552		$	676,350

(1)	The accumulated amortization related to capital leases was $9,893 and $3,638, as of January 31, 2012 and 2011, respectively.

Depreciation and amortization expense related to property and equipment for fiscal 2012, the Successor twenty-nine weeks ended January 31, 2011, the Predecessor twenty-four weeks ended July 12, 2010 and fiscal 2010 was $78,989, $40,220, $33,673 and $71,086, respectively. Amortization of property under capital leases is included within depreciation and amortization expense.

During fiscal 2012, the Successor twenty-nine weeks ended January 31, 2011, the Predecessor twenty-four weeks ended July 12, 2010 and fiscal 2010, we capitalized interest costs in the amounts of $461, $414, $282 and $766, respectively.

During the Successor twenty-nine weeks ended January 31, 2011, we wrote off capitalized software costs of $3,501, which is included in general and administrative expense in our accompanying Consolidated Statement of Operations.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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