Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v2.4.0.8
Property and Equipment
6 Months Ended
Jun. 30, 2014
Property and Equipment  
Property and Equipment

4.Property and Equipment

                                                                                                                                                                                       

 

 

 

 

June 30,

 

December 31,

 

 

 

Estimated Useful Life

 

2014

 

2013

 

 

 

 

 

 

 

 

 

Cost:

 

 

 

 

 

 

 

Office furniture and fixtures

 

5-7 years

 

$

4,921

 

$

4,266

 

Computer equipment and software

 

3 years

 

29,743

 

26,910

 

Other office equipment

 

5 years

 

598

 

598

 

Leasehold improvements

 

Shorter of the lease term or useful life of the asset

 

9,652

 

8,299

 

 

 

 

 

44,914

 

40,073

 

Less accumulated depreciation and amortization

 

 

 

(30,349

)

(27,307

)

Property and equipment, net

 

 

 

$

14,565

 

$

12,766

 

 

Depreciation and amortization expense was as follows:

                                                                                                                                                                              

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30,

 

June 30,

 

 

 

2014

 

2013

 

2014

 

2013

 

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization expense

 

$

1,553 

 

$

1,095 

 

$

3,042 

 

$

2,218