Property and Equipment (Tables)

12 Months Ended

Jan. 28, 2017

Property Plant And Equipment [Abstract]

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

	January 28,			January 30,
	2017			2016
Leasehold improvements ⁽¹⁾	$	439,574		$	336,995
Computer software		120,051			96,618
Furniture, fixtures and equipment		73,730			49,650
Machinery, equipment and aircraft		50,979			32,190
Land		11,396			11,188
Building and building improvements		10,113			9,811
Build-to-suit property^{(2) (3)}		202,713			146,550
Building and equipment under capital leases		7,603			8,025
Total property and equipment		916,159			691,027
Less—accumulated depreciation and amortization ⁽⁴⁾		(234,103	)		(175,422	)
Total property and equipment—net	$	682,056		$	515,605

(1)	Leasehold improvements include construction in progress of $68.4 million and $51.1 million as of January 28, 2017 and January 30, 2016, respectively.

(2)	The Company capitalizes assets and records a corresponding non-current liability for build-to-suit lease transactions where it is considered the owner, for accounting purposes. Refer to Lease Accounting within Note 3—Significant Accounting Policies.

(3)

In fiscal 2014, the Company concluded that it was the deemed owner for accounting purposes for a new distribution center located in California during the construction period pursuant to ASC 840. During the construction period, the Company capitalized the cash and non-cash assets contributed by the landlord for the construction of the distribution center on its consolidated balance sheets as an increase in property and equipment and an increase in financing obligations under build-to-suit lease transactions. During the fourth quarter of fiscal 2015, upon the completion of the construction period, the Company performed a sale-leaseback analysis and determined that it did not have any prohibitive forms of continuing involvement and therefore removed the asset and corresponding liability of $74.9 million from its consolidated balance sheet as of January 30, 2016. The effected sale leaseback did not have an impact on the consolidated statements of income or consolidated statements of cash flows in fiscal 2015.

(4)	Includes accumulated amortization related to equipment under capital leases of $1.6 million as of both January 28, 2017 and January 30, 2016, respectively.