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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Feb. 02, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET
PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of:
(in thousands)
February 2, 2019
 
February 3, 2018
Land
$
36,875

 
$
36,875

Buildings
285,014

 
288,977

Furniture, fixtures and equipment
691,914

 
688,529

Information technology
557,607

 
523,429

Leasehold improvements
1,229,494

 
1,271,170

Construction in progress
26,319

 
10,773

Other
2,027

 
1,956

Total
2,829,250

 
2,821,709

Less: Accumulated depreciation
(2,134,395
)
 
(2,083,527
)
Property and equipment, net
$
694,855

 
$
738,182



For Fiscal 2018 and Fiscal 2017, the Company incurred store asset impairment charges of $11.6 million and $14.4 million, respectively, primarily related to certain of the Company’s international Abercrombie & Fitch stores. For Fiscal 2016, the Company incurred store asset impairment charges of $7.9 million, primarily related to the Company’s abercrombie kids flagship store in London.

The Company had $34.7 million and $38.7 million of construction project assets in property and equipment, net at February 2, 2019 and February 3, 2018, respectively, related to the construction of buildings in certain lease arrangements where the Company is deemed to be the owner of the construction project.

Refer to Note 2, SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and equipment, net,” for discussion regarding significant accounting policies related to the Company’s property and equipment, net.