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. 01, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 8—Property and Equipment

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


	October 1, 2022			October 2, 2021
Land	$	5,813		$	5,813
Buildings and improvements		10,135			10,017
Vehicles, machinery and equipment		42,394			38,738
Leasehold improvements		187,876			171,281
Office furniture, computers and software		168,988			155,511
Construction in process		5,741			10,911
	$	420,947		$	392,271
Less: accumulated depreciation and amortization		(342,860	)		(321,936	)
Total	$	78,087		$	70,335

Depreciation and amortization expense on property and equipment was $27.8 million, $26.6 million, and $28.9 million in fiscal 2022, 2021, and 2020, respectively. Construction in process primarily consisted of leasehold improvements related to new or remodeled locations where construction had not been completed by the end of the period and internal use software as of October 1, 2022 and October 2, 2021, respectively.

Capitalized software additions placed into service were $6.5 million, $2.8 million, and $3.0 million in fiscal 2022, 2021, and 2020, respectively. Capitalized software accumulated amortization totaled approximately $20.9 million and $15.0 million as of October 1, 2022 and October 2, 2021, respectively. Capitalized software and development costs remaining to be amortized were approximately $7.6 million and $6.9 million as of October 1, 2022 and October 2, 2021, respectively.