Property, Equipment and Improvements, Net

9 Months Ended

Oct. 31, 2015

Property, Plant and Equipment [Abstract]

Property, Equipment and Improvements, Net

NOTE 4 — Property, Equipment and Improvements, Net

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

Description	Estimated Useful Life	October 31, 2015		January 31, 2015
Land	—	$	1,597	$	1,597
Corporate office, distribution center and related building improvements	25 years		12,618		12,616
Store leasehold improvements	Shorter of the useful life or term of related lease, typically 10 years		53,561		51,700
Store furniture and fixtures	3 to 10 years		75,452		70,083
Corporate office and distribution center furniture, fixtures and equipment	7 years		4,427		4,344
Computer and point of sale hardware and software	3 to 5 years		33,817		32,888
Construction in progress	—		9,784		2,721
Total property, equipment and improvements, gross			191,256		175,949
Less accumulated depreciation and amortization			(132,109)		(130,842)
Total property, equipment and improvements, net		$	59,147	$	45,107

The Company reviews long-lived assets with definite lives at least annually, or whenever events or changes in circumstances indicate that the carrying value of the asset may not be recoverable. As a result of an impairment analysis, which included the evaluation of individual under-performing stores and the assessment of the recoverability of the carrying value of the improvements and equipment related to each of these stores, the Company recorded approximately $0.1 and $0.2 million for long-lived asset impairments during the thirteen and thirty-nine week periods ended October 31, 2015, and approximately $0 and $0.1 million for long-lived asset impairments during the thirteen and thirty-nine week periods ended November 1, 2014.

The Company's assessment of the recoverability of the carrying value of its assets involves the projection of future cash flows, which requires the use of significant estimates and assumptions. Differences in circumstances or estimates could produce significantly different results.