Quarterly report pursuant to Section 13 or 15(d)

Depreciation and Amortization Expense

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Depreciation and Amortization Expense
 6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Depreciation and Amortization Expense Depreciation and Amortization Expense
Depreciation and amortization expense consisted of the following:

Three Months Ended Six Months Ended
  June 30, June 30,
2024 2023 2024 2023
(in thousands)
Intangible asset amortization $ 14,457  $ 15,720  $ 29,199  $ 32,660 
Internally developed software amortization (1)
28,238  12,398  44,106  23,488 
Property and equipment depreciation 3,038  3,947  6,320  7,437 
Total depreciation and amortization $ 45,733  $ 32,065  $ 79,625  $ 63,585 
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(1) $12.9 million of net capitalized internally developed software costs was written off and included within internally developed software amortization expense during the three and six months ended June 30, 2024. See Note 4—Internally Developed Software, Net for further information.