Property and Equipment, net

12 Months Ended

Feb. 02, 2020

Property, Plant and Equipment [Abstract]

The following is a summary of property and equipment, net (in thousands):


	As of
	February 2, 2020		February 3, 2019
Furniture, fixtures and equipment	$	65,329	$	60,535
Computer equipment	32,259		25,027
Internal-use software	30,222		19,308
Leasehold improvements	39,447		22,342
Finance lease assets	2,565		705
Construction in progress	18,927		6,227
	188,749		134,144
Less: accumulated depreciation and amortization	70,018		42,453
Property and equipment, net	$	118,731	$	91,691

Internal-use software includes labor and license costs associated with software development for internal use. As of February 2, 2020 and February 3, 2019, the Company had accumulated amortization related to internal-use software of $15.9 million and $9.7 million, respectively.

Construction in progress is stated at cost, which includes the cost of construction and other directly attributable costs. No provision for depreciation is made on construction in progress until the relevant assets are completed and put into use.

For Fiscal Year 2019, Fiscal Year 2018, and Fiscal Year 2017, the Company recorded depreciation expense on property and equipment of $22.0 million, $17.9 million, and $9.5 million, respectively, and amortization expense related to internal-use software costs of $8.6 million, $5.3 million, and $3.0 million, respectively. The aforementioned depreciation and amortization expenses were included within selling, general and administrative expenses in the consolidated statements of operations.