PROPERTY, FIXTURES AND EQUIPMENT

12 Months Ended

Feb. 02, 2013

3. PROPERTY, FIXTURES AND EQUIPMENT

Property, fixtures and equipment and related accumulated depreciation and amortization consisted of:

	February 2, 2013			January 28, 2012

Land and improvements	$	118,423		$	121,472
Buildings and leasehold improvements		690,326			675,113
Furniture and equipment		579,356			548,038
Buildings and equipment under capital leases		69,276			75,822

		1,457,381			1,420,445
Less: Accumulated depreciation and amortization		(804,559	)		(743,312	)

Net property, fixtures and equipment	$	652,822		$	677,133

Accumulated depreciation and amortization includes $27,646 and $25,104 at February 2, 2013 and January 28, 2012, respectively, related to buildings and equipment under capital leases. Amortization of buildings and equipment under capital leases is included within depreciation and amortization expense.

Depreciation and amortization expense of $86,386, $92,992 and $99,986 related to property, fixtures and equipment was included in depreciation and amortization expense for 2012, 2011 and 2010, respectively.

Asset impairment charges of $5,050, $1,134 and $1,738, which resulted in a reduction in the carrying amount of certain store properties due to marginal performance, were recorded in 2012, 2011 and 2010, respectively. The expenses are included in impairment charges.

- 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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