Property, Plant and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment

Property, Plant and Equipment

Note 7 – Property and Equipment

The major classes of property and equipment are as follows:

in thousands	March 31, 2020		December 31, 2019
Office equipment and software	$	13,820	$	14,595
Leasehold improvements		10,229		9,417
Furniture and fixtures		3,795		3,717
Total		27,844		27,729
Accumulated depreciation		(15,687)		(16,275)
Property and equipment, net	$	12,157	$	11,454

Depreciation expense was $0.7 million and $0.5 million for the three months ended March 31, 2020 and 2019, respectively.