Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v2.4.0.6
Property and Equipment
9 Months Ended
Sep. 30, 2012
Property and Equipment [Abstract]  
Property and Equipment
5. Property and Equipment

Property and equipment consist of the following:

 

                     
   

Estimated Useful Life

  September 30,
2012
    December 31,
2011
 

Cost:

                   

Office furniture and fixtures

  5-7 years   $ 3,603     $ 2,713  

Computer equipment and software

  3 years     21,427       18,942  

Other office equipment

  5 years     598       598  

Leasehold improvements

 

Shorter of the term of the lease

or useful life of the asset

    7,595       5,833  
       

 

 

   

 

 

 
          33,223       28,086  

Less accumulated depreciation and amortization

        (20,929     (16,995
       

 

 

   

 

 

 

Property and equipment, net

      $ 12,294     $ 11,091  
       

 

 

   

 

 

 

Depreciation and amortization expense for property and equipment was as follows:

 

                                 
    Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
    2012     2011     2012     2011  

Depreciation and amortization expense

  $ 1,182     $ 1,031     $ 3,442     $ 2,845