Property and Equipment, Net

12 Months Ended

Mar. 30, 2013

6. Property and Equipment, Net

Property and equipment, net, consists of (in thousands):


	March 30, 2013			March 31, 2012

Furniture and fixtures	$	76,336		$	58,009
Equipment		13,276			10,871
Computer equipment and software		29,429			20,280
In-store shops		78,809			48,058
Leasehold improvements		168,306			137,771

		366,156			274,989
Less: accumulated depreciation and amortization		(165,340	)		(117,487	)

		200,816			157,502
Construction-in-progress		41,297			13,253

	$	242,113		$	170,755

Depreciation and amortization of property and equipment for the years ended March 30, 2013, March 31, 2012, and April 2, 2011, was $52.7 million, $36.0 million, and $23.6 million, respectively. During Fiscal 2013, Fiscal 2012 and Fiscal 2011, the Company recorded impairment charges of $0.7 million, $3.3 million, and $2.1 million, respectively, related to certain retail locations still in operation. The impairments related to one store in Fiscal 2013, and two stores in both Fiscal 2012 and Fiscal 2011.

- 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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