Property and Equipment, net

6 Months Ended

Jul. 31, 2022

Property, Plant and Equipment [Abstract]

The following is a summary of property and equipment, net (in thousands):


	As of
	July 31, 2022		January 30, 2022
Furniture, fixtures and equipment	$	197,069	$	132,727
Computer equipment	60,740		55,164
Internal-use software	112,316		95,302
Leasehold improvements	163,742		153,797
Construction in progress	86,391		85,043
	620,258		522,033
Less: accumulated depreciation and amortization	188,704		154,867
Property and equipment, net	$	431,554	$	367,166

Internal-use software includes labor and license costs associated with software development for internal use. As of July 31, 2022 and January 30, 2022, the Company had accumulated amortization related to internal-use software of $44.0 million and $35.1 million, respectively.

Construction in progress is stated at cost, which includes the cost of construction and other directly attributable costs. No provision for depreciation is made on construction in progress until the relevant assets are completed and put into use.

For the thirteen weeks ended July 31, 2022 and August 1, 2021, the Company recorded depreciation expense on property and equipment of $13.9 million, and $9.4 million, respectively, and amortization expense related to internal-use software costs of $5.5 million, and $3.3 million, respectively. For the twenty-six weeks ended July 31, 2022 and August 1, 2021, the Company recorded depreciation expense on property and equipment of $26.0 million, and $18.0 million, respectively, and amortization expense related to internal-use software costs of $9.9 million, and $6.1 million, respectively.The aforementioned depreciation and amortization expenses were included within selling, general and administrative expenses in the condensed consolidated statements of operations.