Leslie's, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment

Property and Equipment

12 Months Ended

Oct. 02, 2021

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 8—Property and Equipment

Property and equipment consist of the following (in thousands):


	October 2, 2021			October 3, 2020
Land	$	5,813		$	5,813
Buildings and improvements		10,017			16,148
Vehicles, machinery and equipment		38,738			34,639
Leasehold improvements		171,281			164,501
Office furniture, computers and software		155,511			154,570
Construction in process		10,911			9,960
	$	392,271		$	385,631
Less: accumulated depreciation and amortization		(321,936	)		(319,240	)
Total	$	70,335		$	66,391

Depreciation and amortization expense on property and equipment was $26.6 million, $28.9 million and $27.9 million in fiscal 2021, 2020 and 2019, respectively. Construction in process is primarily composed of internal use software currently being developed and leasehold improvements related to new or remodeled locations where construction had not been completed by the end of the period.

Capitalized software additions placed into service were $2.8 million, $3.0 million and $4.0 million in fiscal 2021, 2020 and 2019, respectively. Capitalized software accumulated amortization totaled approximately $15.0 million and $11.1 million as of October 2, 2021 and October 3, 2020, respectively. Capitalized software and development costs remaining to be amortized were approximately $6.9 million and $7.0 million, as of October 2, 2021 and October 3, 2020, respectively.