iMedia Brands, Inc. Annual report pursuant to Section 13 and 15(d)

Property and Equipment Property, Plant and Equipment (Tables)

12 Months Ended

Jan. 30, 2016

Property and equipment in the accompanying consolidated balance sheets consisted of the following:



	Estimated Useful Life (In Years)	January 30, 2016			January 31, 2015
Land and improvements	—	$	3,394,000		$	3,394,000
Buildings and improvements	5-40	38,405,000			24,215,000
Transmission and production equipment	5-10	5,180,000			5,424,000
Office and warehouse equipment	3-15	19,264,000			9,298,000
Computer hardware, software and telephone equipment	3-7	95,708,000			89,615,000
Distribution Center Expansion - Construction in Process	3-40	—			16,151,000
Leasehold improvements	3-5	2,681,000			2,681,000
		164,632,000			150,778,000
Less — Accumulated depreciation		(112,003,000		)	(108,019,000		)
		$	52,629,000		$	42,759,000

Depreciation expense in fiscal 2015, fiscal 2014 and fiscal 2013 was $10,266,000, $8,854,000 and $8,589,000, respectively.