PROPERTY AND EQUIPMENT

6 Months Ended

Jul. 29, 2017

Property, Plant and Equipment [Abstract]

Property and equipment, net consist of the following:



	July 29, 2017			January 28, 2017			July 30, 2016
	(In thousands)
Property and equipment:
Land and land improvements	$	3,403		$	3,403		$	3,403
Building and improvements	35,548			35,548			35,548
Material handling equipment	48,345			48,345			48,345
Leasehold improvements	316,823			317,884			326,292
Store fixtures and equipment	221,990			223,873			227,528
Capitalized software	213,902			204,901			181,957
Construction in progress	24,888			7,316			15,641
	864,899			841,270			838,714
Accumulated depreciation and amortization	(601,588		)	(576,990		)	(561,519		)
Property and equipment, net	$	263,311		$	264,280		$	277,195

At July 29, 2017, the Company performed impairment testing on 1,026 stores with a total net book value of approximately $84.9 million. During the Second Quarter 2017, the Company recorded asset impairment charges of $1.0 million for three stores, all of which were fully impaired. During Year-To-Date 2017, the Company recorded asset impairment charges of $1.5 million for nine stores, all of which were fully impaired.

At July 30, 2016, the Company performed impairment testing on 1,062 stores with a total net book value of approximately $106.5 million. During the Second Quarter 2016, the Company recorded asset impairment charges of $1.5 million for twelve stores, of which four were fully impaired and eight were partially impaired. Additionally, during the Second Quarter 2016, the Company recorded asset impairment charges of $1.3 million related to the write-down of some previously capitalized development costs and obsolete systems.

As of July 29, 2017, January 28, 2017 and July 30, 2016, the Company had approximately $5.8 million, $9.4 million and $6.7 million, respectively, in property and equipment for which payment had not yet been made. These amounts are included in accounts payable and accrued expenses and other current liabilities.