PROPERTY AND EQUIPMENT, NET

6 Months Ended

Jul. 04, 2015

6. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:

In thousands	July 4, 2015		January 3, 2015		July 5, 2014
Land and buildings	$	9,300	$	9,300	$	9,300
Machinery and equipment	113,028		140,189		151,627
Furniture and fixtures	65,632		61,694		56,142
Leasehold improvements	117,296		122,029		118,690

	305,256		333,212		335,759
Less: Accumulated depreciation and amortization	133,916		159,140		170,181

Total property and equipment, net	$	171,340	$	174,072	$	165,578

Depreciation and amortization expense on property and equipment for the six months ended July 4, 2015 and July 5, 2014 was $17.7 million and $17.1 million, respectively, which included depreciation for property and equipment under capital leases of $0.4 million. Depreciation and amortization expense on property and equipment for the three months ended July 4, 2015 and July 5, 2014 was $8.5 million and $8.2 million, respectively, which included depreciation for property and equipment under capital leases of $0.2 million. Property and equipment under capital leases was $9.3 million as of July 4, 2015, January 3, 2015 and July 5, 2014.