Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.19.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Feb. 02, 2019
BASIS OF PRESENTATION  
Schedule of estimated useful lives of assets

 

 

 

 

 

 

Years

Buildings

 

30

Leasehold improvements (a)

 

10

Fixtures and equipment

 

 8

Computer equipment and software

 

3-7


(a)

We amortize leasehold improvements over the lesser of the useful life of the asset or the remaining lease term of the underlying facility.

Schedule of account activity related to closed facilities

The following is activity related to closed facilities (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

Fiscal Year

 

 

2018 (1)

 

2017

 

2016

Balance at beginning of fiscal year

 

$

2,030

 

$

2,254

 

$

915

Additions charged to expense

  

 

22,234

  

 

1,382

  

 

2,877

Payment of rent related obligations

 

 

(16,772)

 

 

(1,606)

 

 

(1,538)

Balance at end of fiscal year

 

$

7,492

 

$

2,030

 

$

2,254


(1)

In fiscal 2018, we closed substantially all of our Aaron Brothers stores and all of our Pat Catan’s stores.