Retail Fleet Optimization Plan (Tables)

12 Months Ended

Feb. 02, 2019

Property, Plant and Equipment [Abstract]

Summary of the Retail Fleet Optimization Charges

In fiscal 2018, the Company recorded pre-tax impairment and accelerated depreciation charges within COGS of $9.4 million and $1.3 million, respectively, associated with this retail fleet optimization plan.

A summary of the retail fleet optimization charges is presented in the table below:

	Fiscal 2018
	(in thousands)
Impairment (1)	$	9,434
Accelerated Depreciation (1) (2)	1,268
Fleet Optimization charges, pre-tax	$	10,702

⁽¹⁾ Adjustments for impairment and accelerated depreciation charges reflect the impact of incremental store closures included in the Company’s retail fleet optimization plan.

⁽²⁾ Accelerated depreciation represents incremental depreciation due to the change in the useful life of store assets as a result of the retail fleet optimization plan.