Property and Equipment |
Property and Equipment Property and equipment consisted of the following (dollars in thousands):
| | | | | | | | | | | | | | | | | | | Estimated Useful Lives (Years) | | April 27, 2024 | | January 27, 2024 | Land | — | | $ | 8,419 | | | $ | 8,419 | | Buildings | 10-35 | | 10,459 | | | 10,399 | | Leasehold improvements | 1-10 | | 19,613 | | | 19,188 | | Vehicles | 1-5 | | 872,643 | | | 873,944 | | Equipment and machinery | 1-10 | | 420,570 | | | 414,067 | | Computer hardware and software | 1-7 | | 142,266 | | | 138,937 | | Office furniture and equipment | 1-10 | | 11,883 | | | 11,927 | | Total | | | 1,485,853 | | | 1,476,881 | | Less: accumulated depreciation | | | (1,027,656) | | | (1,031,972) | | Property and equipment, net | | | $ | 458,197 | | | $ | 444,909 | |
Depreciation expense was $39.4 million and $33.8 million for the three months ended April 27, 2024 and April 29, 2023.
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