PROPERTY AND EQUIPMENT

Property and equipment, net consist of the following:



	October 28, 2017			January 28, 2017			October 29, 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	311,093			317,884			325,329
Store fixtures and equipment	222,619			223,873			229,210
Capitalized software	223,318			204,901			199,380
Construction in progress	27,519			7,316			6,741
	871,845			841,270			847,956
Accumulated depreciation and amortization	(605,615		)	(576,990		)	(573,209		)
Property and equipment, net	$	266,230		$	264,280		$	274,747

At October 28, 2017, the Company performed impairment testing on 1,027 stores with a total net book value of approximately $81.7 million. During the Third Quarter 2017, the Company recorded asset impairment charges of $0.8 million for 8 stores, all of which were fully impaired. During Year-To-Date 2017, the Company recorded asset impairment charges of $2.3 million for 17 stores, all of which were fully impaired. Additionally, during the Third Quarter 2017, the Company recorded asset impairment charges of $2.4 million related to the write-down of information technology systems.

At October 29, 2016, the Company performed impairment testing on 1,046 stores with a total net book value of approximately $95.8 million. During the Third Quarter 2016, the Company recorded asset impairment charges of $0.4 million for nine stores, all of which were partially impaired. During Year-To-Date 2016, the Company recorded asset impairment charges of $1.9 million for 21 stores, of which four stores were fully impaired and 17 stores were partially impaired. Additionally, the Company recorded asset impairment charges of $1.3 million related to the write-down of some previously capitalized development costs and information technology systems.

As of October 28, 2017, January 28, 2017 and October 29, 2016, the Company had approximately $15.8 million, $9.4 million and $8.1 million, respectively, within property and equipment for which payment had not yet been made. These amounts are included within accounts payable and accrued expenses and other current liabilities.