Ulta Beauty, Inc. Annual report pursuant to Section 13 and 15(d)

Property and equipment

12 Months Ended

Jan. 30, 2021

7. Property and equipment

Property and equipment consists of the following:


	January 30,		February 1,
(In thousands)	2021		2020
Equipment and fixtures	$	1,083,509	$	1,073,764
Leasehold improvements		782,036		803,398
Electronic equipment and software		649,603		596,323
Construction-in-progress		52,668		92,355
		2,567,816		2,565,840
Less: accumulated depreciation and amortization		(1,572,021)		(1,360,316)
Property and equipment, net	$	995,795	$	1,205,524