Impairment of Assets	9 Months Ended
Nov. 02, 2024
Impairment of Assets
Impairment of Assets	5. Impairment of Assets If facts and circumstances indicate that a long-lived asset or operating lease right-of-use asset may be impaired, the carrying value is reviewed. If this review indicates that the carrying value of the asset will not be recovered as determined based on projected undiscounted cash flows related to the asset over its remaining life, the carrying value of the asset is reduced to its estimated fair value. In the third quarter of 2024, non-cash impairment expense related to underperforming stores totaled $0.6 million, comprised of $0.3 million for leasehold improvements and fixtures and equipment, and $0.3 million for operating lease right of use assets. In the third quarter of 2023, non-cash impairment expense related to underperforming stores totaled $0.2 million, primarily for leasehold improvements and fixtures and equipment.

Impairment of Assets

9 Months Ended

Nov. 02, 2024

5. Impairment of Assets

If facts and circumstances indicate that a long-lived asset or operating lease right-of-use asset may be impaired, the carrying value is reviewed. If this review indicates that the carrying value of the asset will not be recovered as determined based on projected undiscounted cash flows related to the asset over its remaining life, the carrying value of the asset is reduced to its estimated fair value. In the third quarter of 2024, non-cash impairment expense related to underperforming stores totaled $0.6 million, comprised of $0.3 million for leasehold improvements and fixtures and equipment, and $0.3 million for operating lease right of use assets. In the third quarter of 2023, non-cash impairment expense related to underperforming stores totaled $0.2 million, primarily for leasehold improvements and fixtures and equipment.