Annual report pursuant to Section 13 and 15(d)

PROPERTY AND EQUIPMENT, NET

v3.20.1
PROPERTY AND EQUIPMENT, NET
12 Months Ended
Feb. 01, 2020
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

3. PROPERTY AND EQUIPMENT, NET

Property and equipment consists of the following (in thousands):

    

February 1,

    

February 2,

2020

2019

Buildings and leasehold improvements

$

531,580

$

534,578

Fixtures and equipment

 

910,450

 

847,356

Capitalized software

 

227,123

 

234,711

Construction in progress

37,367

39,453

 

1,706,520

 

1,656,098

Less accumulated depreciation and amortization

(1,276,088)

(1,217,021)

$

430,432

$

439,077

During fiscal 2019, we retired approximately $54.5 million of fully depreciated assets that were no longer in service.