Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, Net (Tables)

v3.21.1
Property and Equipment, Net (Tables)
 3 Months Ended
Mar. 31, 2021
Property, Plant and Equipment [Abstract]  
Schedule of components of property and equipment, net
Property and equipment, net consisted of the following:
    March 31, December 31,
  Estimated Useful Life 2021 2020
(in thousands)
Cost:      
Computer equipment and software 3 years $ 73,176  $ 72,443 
Leasehold improvements Shorter of the lease term or useful life of the asset 41,925  37,671 
Office furniture and fixtures
3-7 years
 12,180  11,249 
Office equipment and other
3-5 years
 6,858  7,151 
Building and building improvements
7-39 years
 2,669  2,669 
Land Not applicable 940  940 
    137,748  132,123 
Less: accumulated depreciation and amortization (86,671) (84,154)
Total property and equipment, net $ 51,077  $ 47,969 
Depreciation and amortization expense was as follows:
  Three Months Ended
  March 31,
  2021 2020
(in thousands)
Depreciation and amortization expense $ 5,643  $ 5,317