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Property and Equipment, net (Tables)
12 Months Ended
Jan. 28, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, net

Property and equipment, net consists of the following:

 

 

 

January 28,

 

 

January 29,

 

(In thousands)

 

2023

 

 

2022

 

Land

 

$

17,910

 

 

$

17,910

 

Buildings

 

 

222,857

 

 

 

219,194

 

Leasehold improvements

 

 

822,292

 

 

 

739,245

 

Fixtures and equipment

 

 

1,635,897

 

 

 

1,496,972

 

Construction in progress

 

 

8,105

 

 

 

7,117

 

Property and equipment, at cost

 

$

2,707,061

 

 

$

2,480,438

 

Less: Accumulated depreciation

 

 

(1,925,547

)

 

 

(1,752,166

)

Property and equipment, net

 

$

781,514

 

 

$

728,272

 

 

Depreciation Expense

Depreciation expense is as follows:

 

 

 

For the Years Ended

 

 

 

January 28,

 

 

January 29,

 

 

January 30,

 

(In thousands)

 

2023

 

 

2022

 

 

2021

 

Depreciation expense

 

$

208,014

 

 

$

161,492

 

 

$

159,413