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Property and Equipment
12 Months Ended
Jun. 30, 2020
Property Plant And Equipment [Abstract]  
Property and Equipment

(2) PROPERTY AND EQUIPMENT

Property and equipment, net of accumulated depreciation, consisted of the following (in thousands):

 

 

 

June 30,

 

 

 

2020

 

 

2019

 

Land

 

$

6,628

 

 

$

6,628

 

Buildings and building improvements

 

 

43,215

 

 

 

41,794

 

Furniture and fixtures

 

 

63,755

 

 

 

63,857

 

Equipment

 

 

68,909

 

 

 

67,754

 

Software

 

 

50,691

 

 

 

47,214

 

Leasehold improvements

 

 

65,281

 

 

 

61,802

 

Assets under capital lease

 

 

1,223

 

 

 

783

 

 

 

 

299,702

 

 

 

289,832

 

Less accumulated depreciation

 

 

(231,067

)

 

 

(179,686

)

Net property and equipment

 

$

68,635

 

 

$

110,146

 

 

In the fourth quarter of fiscal 2020, we recorded impairment charges of $28.5 million for property and equipment related to our permanent store and Phoenix distribution center closing plans, as well as for our Dallas distribution center retrofit project which was cancelled as a result of the COVID-19 impact to our business.