\begin{tabular}{|l|r|r|} \hline Property and Equipment (in thousands) & Feb. 3, 2019 & Jan. 28, 2018 \\ \hline Land & $78,636 & $83,048 \\ \hline Buildings & 38,030 & 39,278 \\ \hline Leasehold improvements & 362,571 & 301,449 \\ \hline Furniture and fixtures & 103,733 & 91,778 \\ \hline Computer hardware & 69,542 & 61,734 \\ \hline Computer software & 230,689 & 173,997 \\ \hline Equipment and vehicles & 15,009 & 14,806 \\ \hline Work in progress & 74,271 & 51,260 \\ \hline Property and equipment, gross & 972,481 & 817,350 \\ \hline Accumulated depreciation & (372,824) & (316,211) \\ \hline Property and equipment, net & $599,657 & $501,139 \\ \hline \end{tabular} Depreciation expense related to property and equipment was $112.6 million and $99.4 million, for the years ended February 3 , 2019 , and January 28 , 2018 , respectively. Required a. Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? No b. Compute the estimated useful life of lululemon's depreciable assets. Note: Round your answer to one decimal place (for example, enter 6.8 for 6.77555 ). 7.3 years c. Compute the estimated percent used up of lululemon's depreciable assets. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555% ). 41.5% \begin{tabular}{|l|r|r|} \hline Property and Equipment (in thousands) & Feb. 3, 2019 & Jan. 28, 2018 \\ \hline Land & $78,636 & $83,048 \\ \hline Buildings & 38,030 & 39,278 \\ \hline Leasehold improvements & 362,571 & 301,449 \\ \hline Furniture and fixtures & 103,733 & 91,778 \\ \hline Computer hardware & 69,542 & 61,734 \\ \hline Computer software & 230,689 & 173,997 \\ \hline Equipment and vehicles & 15,009 & 14,806 \\ \hline Work in progress & 74,271 & 51,260 \\ \hline Property and equipment, gross & 972,481 & 817,350 \\ \hline Accumulated depreciation & (372,824) & (316,211) \\ \hline Property and equipment, net & $599,657 & $501,139 \\ \hline \end{tabular} Depreciation expense related to property and equipment was $112.6 million and $99.4 million, for the years ended February 3 , 2019 , and January 28 , 2018 , respectively. Required a. Consider the level of the various PPE components. Does it seem likely that the company manufactures its own inventory? No b. Compute the estimated useful life of lululemon's depreciable assets. Note: Round your answer to one decimal place (for example, enter 6.8 for 6.77555 ). 7.3 years c. Compute the estimated percent used up of lululemon's depreciable assets. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555% ). 41.5%
