
	As of
	August 3, 2025		February 2, 2025
Furniture, fixtures and equipment	$	247.3	$	208.3
Computer equipment	82.4		78.0
Internal-use software	252.6		230.0
Leasehold improvements	388.0		327.9
Construction in progress	55.9		130.1
	1,026.2		974.3
Less: accumulated depreciation and amortization	471.6		412.1
Property and equipment, net	$	554.6	$	562.2

Internal-use software includes labor and license costs associated with software development for internal use and is amortized using the straight-line method over the estimated useful life of the software. The following is a summary of internal-use software, net (in millions):


	As of
	August 3, 2025		February 2, 2025


Internal-use software	$	252.6	$	230.0



Less: accumulated amortization	144.6		125.1
Internal-use software, net	$	108.0	$	104.9

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 August 3, 2025 and July 28, 2024, the Company recorded depreciation expense on property and equipment of $21.7 million and $18.1 million, respectively, and amortization expense related to internal-use software costs of $10.4 million and $9.4 million, respectively. For the twenty-six weeks ended August 3, 2025 and July 28, 2024, the Company recorded depreciation expense on property and equipment of $41.4 million and $36.2 million, respectively, and amortization expense related to internal-use software costs of $20.5 million and $18.3 million, respectively. The aforementioned depreciation and amortization expenses were included within selling, general and administrative expenses in the condensed consolidated statements of operations.