Ulta Beauty, 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

Feb. 02, 2013

3. Property and equipment

Property and equipment consist of the following:


	February 2, 2013			January 28, 2012
Equipment and fixtures	$	323,069		$	256,479
Leasehold improvements		307,624			256,487
Electronic equipment and software		169,997			126,790
Construction-in-progress		37,700			33,598

		838,390			673,354
Less accumulated depreciation and amortization		(355,331	)		(296,369	)

Property and equipment, net	$	483,059		$	376,985

The Company had no capitalized interest for fiscal 2012 and 2011 as a result of not utilizing the credit facility during the year.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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