Dick's Sporting Goods 2015 Annual Report Download - page 55

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4. Property and Equipment
Property and equipment are recorded at cost and consist of the following as of the end of the fiscal periods (in thousands):
2015 2014
Buildings and land $220,875 $220,852
Leasehold improvements 1,245,694 1,069,868
Furniture, fixtures and equipment 1,198,745 1,048,887
Total property and equipment 2,665,314 2,339,607
Less: accumulated depreciation and amortization (1,317,429)(1,136,225)
Net property and equipment $1,347,885 $1,203,382
The amounts above include construction in progress of $124.4 million and $113.4 million for fiscal 2015 and 2014,
respectively.
DICK'S SPORTING GOODS,€INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)
5. Accrued Expenses
Accrued expenses consist of the following as of the end of the fiscal periods (in thousands):
2015 2014
Accrued payroll, withholdings and benefits $95,721 $98,327
Accrued real estate taxes, utilities and other occupancy 60,060 54,200
Accrued property and equipment 43,649 43,666
Accrued sales tax 28,169 26,153
Other accrued expenses 61,402 61,482
Total accrued expenses $289,001 $283,828
6. Deferred Revenue and Other Liabilities
Deferred revenue and other liabilities consist of the following as of the end of the fiscal periods (in thousands):
2015 2014
Current:
Deferred gift card revenue $162,640 $151,791
Deferred construction allowances 1,850 1,686
Other 19,896 18,782
Total current $184,386 $172,259
Long-term:
Deferred rent, including pre-opening rent $93,321 $80,130
Deferred construction allowances 384,428 278,391
Other 88,947 76,212
Total long-term $566,696 $434,733
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