January 31,

  

February 1,

 
  

2026

  

2025

 

Land

 $2,261  $2,261 

Furniture and fixtures

  26,626   26,418 

Machinery and equipment

  18,227   17,494 

Leasehold improvements

  112,253   104,809 

Building

  14,969   14,969 

Computer hardware

  29,744   28,709 

Computer software

  37,623   33,796 

Construction in progress

  19,844   10,363 

Property and equipment

  261,547   238,819 

Less accumulated depreciation

  190,621   179,058 

Total, net

 $70,926  $59,761 

Historical Timeline

Fiscal YearFiled
2026Apr 16, 2026Showing above
2025Apr 17, 2025
2019Apr 18, 2019
2017Mar 15, 2018

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.