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Property and Equipment, net
9 Months Ended
Oct. 27, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
The following is a summary of property and equipment, net (in thousands):

As of
October 27, 2024January 28, 2024
Furniture, fixtures and equipment$201,957 $174,092 
Computer equipment76,910 75,677 
Internal-use software218,098 183,380 
Leasehold improvements325,426 312,123 
Construction in progress90,511 82,014 
912,902 827,286 
Less: accumulated depreciation and amortization385,164 305,988 
Property and equipment, net$527,738 $521,298 
Internal-use software includes labor and license costs associated with software development for internal use. As of October 27, 2024 and January 28, 2024, the Company had accumulated amortization related to internal-use software of $115.3 million and $87.5 million, respectively.

Construction in progress is stated at cost, which includes the cost of construction and other directly attributable costs. No provision for depreciation is made on construction in progress until the relevant assets are completed and put into use.

For the thirteen weeks ended October 27, 2024 and October 29, 2023, the Company recorded depreciation expense on property and equipment of $18.5 million and $16.6 million, respectively, and amortization expense related to internal-use software costs of $9.5 million and $8.0 million, respectively. For the thirty-nine weeks ended October 27, 2024 and October 29, 2023, the Company recorded depreciation expense on property and equipment of $54.7 million and $57.6 million, respectively, and amortization expense related to internal-use software costs of $27.8 million and $21.8 million, respectively. The aforementioned depreciation and amortization expenses were included within selling, general and administrative expenses in the condensed consolidated statements of operations.