Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
 3 Months Ended
Mar. 31, 2017
Property and Equipment  
Property and Equipment

5.     Property and Equipment

 

Property and equipment consists of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

March 31,

    

December 31,

 

    

Estimated Useful Life

    

2017

    

2016

Cost:

 

 

 

 

 

 

 

 

Computer equipment and software

 

3 years

 

$

56,293

 

$

52,921

Office furniture and fixtures

 

3-7 years

 

 

7,365

 

 

6,911

Leasehold improvements

 

Shorter of the lease term or useful life of the asset

 

 

18,177

 

 

17,286

Other office equipment

 

3-5 years

 

 

1,554

 

 

1,367

 

 

 

 

 

83,389

 

 

78,485

Less accumulated depreciation and amortization

 

 

 

 

(49,849)

 

 

(45,485)

Property and equipment, net

 

 

 

$

33,540

 

$

33,000

 

Depreciation and amortization expense was as follows:

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

March 31,

 

    

2017

    

2016

Depreciation and amortization expense

 

$
4,091

 

$

3,359