Property and equipment consists of the following:

 

 

 

January 28,

 

 

January 30,

 

(In thousands)

 

2017

 

 

2016

 

Land

 

$

17,910

 

 

$

17,910

 

Buildings

 

 

204,890

 

 

 

204,690

 

Leasehold improvements

 

 

606,522

 

 

 

580,758

 

Fixtures and equipment

 

 

1,028,117

 

 

 

963,758

 

Construction in progress

 

 

26,858

 

 

 

25,266

 

Property and equipment, at cost

 

$

1,884,297

 

 

$

1,792,382

 

Less:  Accumulated depreciation

 

 

(1,176,500

)

 

 

(1,088,796

)

Property and equipment, net

 

$

707,797

 

 

$

703,586