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Property, Equipment and Improvements, Net
3 Months Ended
Apr. 30, 2016
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

    

April 30, 2016

    

January 30, 2016

 

Land

 

$

1,597

 

$

1,597

 

Corporate office, distribution center and related building improvements

 

 

12,624

 

 

12,618

 

Store leasehold improvements

 

 

51,506

 

 

52,812

 

Store furniture and fixtures

 

 

72,363

 

 

74,513

 

Corporate office and distribution center furniture, fixtures and equipment

 

 

4,243

 

 

4,356

 

Computer and point of sale hardware and software

 

 

33,847

 

 

32,644

 

Construction in progress

 

 

8,655

 

 

5,781

 

Total property, equipment and improvements, gross

 

 

184,835

 

 

184,321

 

Less accumulated depreciation and amortization

 

 

(124,491)

 

 

(125,097)

 

Total property, equipment and improvements, net

 

$

60,344

 

$

59,224

 

 

Long-lived assets are evaluated for impairment whenever events or changes in circumstances indicate that the carrying value of the asset may not be recoverable. In conjunction with an impairment analysis, the Company determined that improvements and equipment at certain under-performing stores and at stores identified for closure were impaired. As a result, the Company recorded approximately $0.2 million and $0 for long-lived asset impairments during the thirteen week periods ended April 30, 2016 and May 2, 2015, respectively.