Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.22.1
Property and Equipment, Net
 12 Months Ended
Jan. 30, 2022
Property, Plant and Equipment, Net [Abstract]  
PROPERTY AND EQUIPMENT, NET PROPERTY AND EQUIPMENT, NET
Property and equipment as of January 30, 2022 and January 31, 2021 consists of:
Estimated Life 2022 2021
Office and store furniture, and equipment 5 Years $ 6,497  $ 4,803 
Software 3 Years 3,625  3,628 
Leasehold improvements Shorter of estimated useful life or lease term 40,788  33,828 
Computers 3 Years 2,138  2,926 
Tools, Dies, Molds 5 Years 764  215 
Vehicles 5 Years 497  — 
Construction in process NA 2,765  2,098 
57,074  47,498 
Accumulated depreciation and amortization (22,937) (21,630)
$ 34,137  $ 25,868 
Depreciation expense was $7.2 million in fiscal 2022, $6.1 million in fiscal 2021, and $4.9 million in fiscal 2020. In fiscal 2022, 2021, and 2020 asset disposals resulted in a reduction in gross assets of $6.3 million, $0.3 million, $0.4 million, respectively, and accumulated depreciation of $5.8 million, $0.3 million, $0.3 million, respectively. The disposals generally relate to the decommissioning of aged assets, remodeled showrooms, and the reduction of fixtures used during pop-up-shops.