Property and Equipment

Property and Equipment

Property and equipment consist of the following (in thousands):



	December 30, 2012			January 1, 2012
Computers and equipment	$	4,275		$	4,204
Software and website development	12,491			11,575
Leasehold improvements	5,902			5,850
Furniture and fixtures	976			989
Building	940			940
	24,584			23,558
Less: accumulated depreciation and amortization	(16,708		)	(15,218		)
Property and equipment, net	$	7,876		$	8,340

Total depreciation expense was approximately $3.3 million, $3.3 million, and $3.1 million for the fiscal years ended December 30, 2012, January 1, 2012 and January 2, 2011, respectively.

Capitalized software costs include external direct costs and internal direct labor and related employee benefits costs of developing software for internal use. Amortization begins in the period in which the software is ready for its intended use. The Company had approximately $2.7 million and $2.6 million of unamortized computer software and website development costs at December 30, 2012 and January 1, 2012, respectively. Depreciation and amortization expense of capitalized software and website development costs was approximately $2.0 million, $1.9 million and $1.6 million in the fiscal years ended December 30, 2012, January 1, 2012 and January 2, 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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