Property, Plant and Equipment

9 Months Ended

Oct. 30, 2021

Property, Plant and Equipment [Abstract]

Note 7—Property, Plant and Equipment

Property, plant and equipment consists of the following:


	October 30,			January 31,
	2021			2021
(In thousands)
Land and Land Improvement	$	1,004		$	1,004
Buildings and Leasehold Improvements		12,635			12,642
Machinery and Equipment		23,305			23,346
Computer Equipment and Software		13,680			13,847

Gross Property, Plant and Equipment		50,624			50,839
Accumulated Depreciation		(38,950	)		(38,828	)

Net Property Plant and Equipment	$	11,674		$	12,011

Depreciation expense on property, plant and equipment was $0.4 million and $1.2 million for the three and nine months

ended October 30, 2021. Depreciation expense on property, plant and equipment was $1.5 million and $0.4 million for the three and nine months ended October 31, 2020.

During the quarter ended October 30, 2021, we wrote-off our Oracle EnterpriseOne enterprise resource planning (“ERP”) system in anticipation of the full implementation of our new global ERP system which was effective at the beginning of the fourth quarter of the current year. The book value and related accumulated depreciation of the Oracle EnterpriseOne ERP system along with the balance of the related prepaid service and maintenance contracts have been removed from the accompanying condensed consolidated balance sheet at October 30, 2021 and we have recorded a net loss on the disposal of $

696,000,

which is included in other income (expense) in the accompanying condensed consolidated income statement for the three and nine months ended October 30, 2021.