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Property and Equipment
12 Months Ended
Feb. 01, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment are summarized as follows (in thousands):
Feb 1, 2025Feb 3, 2024
Land, buildings and improvements$21,392 $50,934 
Leasehold improvements365,592 351,031 
Furniture, fixtures and equipment503,140 482,184 
Construction in progress11,903 11,039 
Assets under finance leases37,899 41,940 
Property and equipment, gross939,926 937,128 
Less accumulated depreciation and amortization699,812 690,480 
Property and equipment, net$240,114 $246,648 
During fiscal 2025 and fiscal 2024, the Company entered into finance and operating leases related primarily to computer hardware and software. The accumulated depreciation and amortization related to assets under finance leases was approximately $30.9 million and $26.8 million as of February 1, 2025 and February 3, 2024, respectively, and was included in depreciation expense when recognized. See Note 9 - Borrowings and Finance Lease Obligations for more information regarding the related finance lease obligations.
Construction in progress represents the costs associated with the construction in progress of leasehold improvements to be used in the Company’s operations, primarily for new and remodeled stores in retail operations.