Property, Plant and Equipment, Net

12 Months Ended

Jan. 30, 2016

Property Plant And Equipment [Abstract]

5.	PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment as of January 30, 2016, January 31, 2015 and September 30, 2014 was comprised of the following (in thousands):

	January 30, 2016			January 31, 2015			September 30, 2014

Furniture and equipment	$	70,943		$	46,042		$	76,251
Leasehold improvements		104,358			99,937			93,288
Construction in progress		2,170			24,891			22,168
		177,471			170,870			191,707
Less: accumulated depreciation and amortization		(84,798	)		(80,735	)		(114,908	)
	$	92,673		$	90,135		$	76,799

Aggregate depreciation and amortization expense of property, plant and equipment in fiscal 2015, 2014, 2013 and the four months ended January 31, 2015 was $17,109,000, $14,957,000, $12,275,000 and $5,112,000, respectively. During fiscal 2015, 2014, 2013 and the four months ended January 31, 2015 the Company recorded pretax charges of $1,659,000, $1,136,000, $754,000 and $1,090,000, respectively, related to the impairment of leasehold improvements and furniture and equipment at certain of its retail locations.

In September 2013 the Company announced its plans to relocate its corporate headquarters and distribution operations from Philadelphia, Pennsylvania to southern New Jersey. The Company completed the relocation of its corporate headquarters to Moorestown, New Jersey in January 2015 and completed the relocation of its distribution operations to Florence, New Jersey in August 2015. As of January 31, 2015 and September 30, 2014 construction in progress includes $24,161,000 and $20,893,000, respectively, related to the relocations, primarily for material handling equipment for the new distribution center and leasehold improvements for the new corporate headquarters. In connection with the planned relocations, on September 5, 2014 the Company sold the building that houses its principal executive offices and distribution facility in a sale and leaseback arrangement and received cash proceeds of $12,522,000, net of transaction costs. Under the agreement the Company continued to occupy the premises for the operation and wind down of its business through October 31, 2015. The Company recognized a gain of $4,110,000 on the sale transaction.