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Note 5 - Property and Equipment, Net
12 Months Ended
Feb. 02, 2019
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
(
5
)
Property and Equipment
, net
 
Property and equipment, net consist of the following (in thousands):
 
     
February 2,
     
December 30,
 
   
2019
   
2017
 
Land
 
$
2,261
    $
2,261
 
Furniture and fixtures
   
43,127
     
44,191
 
Computer hardware
   
25,659
     
27,122
 
Building
 
 
14,970
     
14,970
 
Leasehold improvements
   
104,858
     
111,717
 
Computer software
   
46,506
     
42,911
 
Construction in progress
   
3,583
     
7,774
 
     
240,964
     
250,946
 
Less accumulated depreciation
   
174,596
     
173,195
 
Total, net
 
$
66,368
    $
77,751
 
 
For fiscal
2018,
 
2017
and the
five
weeks ended
February 3, 2018,
depreciation expense was
$15.3
 million, 
$15.1
 million and
$1.4
million,
respectively.
 
During
2018,
the Company reviewed the operating performance and forecasts of future performance for the stores in its DTC segment. As a result of that review, it was determined that certain stores would
not
be able to recover the carrying value of certain store assets through expected undiscounted cash flows over the remaining life of the related assets. Accordingly, the carrying value of the assets was reduced to fair value, calculated as the net present value of estimated future cash flows for each asset group, and any remaining net book value will be depreciated over the remaining life of the asset. Store asset impairment charges of 
$5.2
million were recorded in fiscal
2018,
which were recorded as a separate line in the statement of operations. Similar impairment charges were
not
significant for fiscal
2017
and the
five
weeks ended
February 3, 2018.
The inputs used to determine the fair value of the assets are Level
3
fair value inputs. In the event that we decide to close any or all of these stores in the future, we
may
be required to record additional impairment, lease termination fees, severance charges and other costs. In addition, the Company considers a more likely than
not
assessment that an individual location will close or be remodeled prior to the end of its original lease term as a triggering event to review the store asset group for recoverability.  As a result of these reviews, it was determined that certain stores would
not
be able to recover the carrying value of store assets through expected undiscounted cash flows over the shortened remaining life of the related assets.  Asset impairment charges of
$0.7
million and
$0.1
million were recorded in
2018
and
2017,
respectively, which were included in selling, general and administrative expenses.
No
impairment charges were recorded for the
five
weeks ended
February 3, 2018. 
Accordingly, the carrying value of the assets were reduced to fair value, calculated as the net present value of estimated future cash flows for each asset group, and any remaining net book value will be depreciated over the remaining life of the asset.