Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment

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Property And Equipment
6 Months Ended
Jun. 30, 2011
Property And Equipment  
Property And Equipment
4. Property and Equipment

Property and equipment consist of the following:

 

     Estimated Useful Life    June 30,
2011
    December 31,
2010
 

Cost:

       

Office furniture and fixtures

   5-7 years    $ 2,345      $ 1,996   

Computer equipment and software

   3 years      17,143        14,600   

Other office equipment

   5 years      598        598   

Leasehold improvements

   Shorter of the term of the lease
or useful life of the asset
     5,272        5,247   
     

 

 

   

 

 

 
        25,358        22,441   

Less accumulated depreciation and amortization

     (14,542     (12,728
     

 

 

   

 

 

 

Property and equipment, net

      $ 10,816      $ 9,713   
     

 

 

   

 

 

 

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

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2011      2010      2011      2010  

Depreciation and amortization expense

   $ 950       $ 741       $ 1,814       $ 1,404