Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.0.6
Property and Equipment
12 Months Ended
Dec. 31, 2012
Property and Equipment [Abstract]  
Property and Equipment
4. Property and Equipment

Property and equipment consists of the following:

 

                     
        At December 31,  
   

    Estimated Useful Life    

  2012     2011  

Cost:

                   

Office furniture and fixtures

  5-7 years     $ 3,613       $ 2,713  

Computer equipment and software

  3 years     22,098       18,942  

Other office equipment

  5 years     598       598  

Leasehold improvements

 

Shorter of the lease term or

useful life of the asset

    7,638       5,833  
       

 

 

   

 

 

 
          33,947       28,086  

Less accumulated depreciation and
amortization

        (22,156     (16,995
       

 

 

   

 

 

 

Property and equipment, net

        $     11,791       $     11,091  
       

 

 

   

 

 

 

Depreciation and amortization expense was as follows:

 

                         
    Year ended December 31,  
            2012                     2011                     2010          

Depreciation and amortization expense

    $ 4,685       $ 3,862       $ 2,980