GameStop Corp
For the period ended Feb 3, 2024. Filed Mar 26, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 26, 2024
GME$25.43-0.6%Stored close · as of Nov 10, 2026
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8. Property and Equipment
- Property and Equipment
The following table presents property and equipment, net:
| Estimated Useful Lives (Years) | February 3, 2024 | January 28, 2023 | |
|---|---|---|---|
| Land | N/A | $— | $0.6 |
| Buildings and leasehold improvements | 1-10 | 384.1 | 437.3 |
| Fixtures and equipment | 3-10 | 332.1 | 380.1 |
| Software and hardware | 3 | 224.5 | 306.3 |
| Construction-in-progress | 5.4 | 19.0 | |
| Total property and equipment | 946.1 | 1,143.3 | |
| Accumulated depreciation | (851.2) | (1,006.8) | |
| Property and equipment, net | $94.9 | $136.5 |
Our total depreciation expense was $55.3 million, $60.3 million and $73.6 million for fiscal 2023, 2022 and 2021, respectively, in SG&A expenses in our Consolidated Statements of Operations.
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