Property and Equipment, net

9 Months Ended

Dec. 30, 2017

Property, Plant and Equipment [Abstract]

Property and equipment, net consist of (in millions):



	December 30, 2017			April 1, 2017
Leasehold improvements	$	562.0		$	507.9
Furniture and fixtures	270.4			244.1
In-store shops	269.4			256.0
Computer equipment and software	262.1			226.2
Equipment	116.5			104.4
Building	50.3			40.6
Land	15.8			14.0
	1,546.5			1,393.2
Less: accumulated depreciation and amortization	(969.9		)	(833.9		)
	576.6			559.3
Construction-in-progress	22.8			32.2
	$	599.4		$	591.5

Depreciation and amortization of property and equipment for the three months ended December 30, 2017 and December 31, 2016 was $46.9 million and $49.4 million, respectively, and was $132.7 million and $146.5 million, respectively, for the nine months ended December 30, 2017 and December 31, 2016. During the three and nine months ended December 30, 2017, the Company recorded fixed asset impairment charges of $2.6 million and $14.5 million, respectively, which were related to underperforming Michael Kors full-price retail store locations, some of which will be closed as part of the Company's previously announced Retail Fleet Optimization Plan, as defined in Note 8. During the three and nine months ended December 31, 2016, the Company recorded fixed asset impairment charges of $0.5 million and $5.4 million, respectively, $0.5 million of which related to our wholesale operations and $4.9 million of which were related to underperforming Michael Kors full-price retail store locations.