Note 8 - Property and Equipment

3 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8

. Property and Equipment

The Company had the following property and equipment balances as of

December 31, 2018

and

September 30, 2018,

dollars in thousands:

				As of
	Useful lives (in years)			December 31 , 2018			September 30, 201 8
Construction in process		n/a		$	7,440			15,879
Capitalized real estate leases for build-to-suit stores, including unamortized land of $617 and $617, respectively		40			42,320			35,700
Capitalized real estate leases		15			7,241			5,735
Land		n/a			1,422			192
Buildings		40			19,516			19,262
Land improvements	5	–	24		1,275			1,016
Leasehold and building improvements	1	–	25		138,731			131,474
Fixtures and equipment	5	–	7		126,940			122,984
Computer hardware and software	3	–	5		19,943			21,181
					364,828			353,423
Less accumulated depreciation and amortization					(170,132	)		(164,655	)
Property and equipment, net				$	194,696			188,768

Capitalized real estate leases for build-to-suit stores includes the assets for the Company’s buildings under capital lease finance obligations and capitalized real estate leases includes assets for the Company’s buildings under capital lease obligations (see Note

7

).

Depreciation and amortization expense (related to property and equipment as well as other intangibles) for the

three

months ended

December 31, 2018

and

2017

is summarized as follows, dollars in thousands:

	Three months ended December 31,
	201 8		201 7
Depreciation and amortization expense included in cost of goods sold and occupancy costs	$	182		196
Depreciation and amortization expense included in store expenses		6,842		6,850
Depreciation and amortization expense included in administrative expenses		262		369
Total depreciation and amortization expense	$	7,286		7,415