Property and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consisted of the following at December 31:

(in thousands)	Estimated Useful Life			2023		2022
Computer Software and Hardware	1	to	7 years	$	85,054	$	89,367
Leasehold Improvements	Up to term of lease			41,945		40,243
Transportation Equipment	14 years			17,851		17,851
Office Furniture and Equipment	4	to	15 years	5,713		7,922
Total Cost				150,563		155,383
Accumulated Depreciation				(119,852)		(119,640)
Property and Equipment, net				$	30,711	$	35,743

Depreciation expense was $13.0 million, $15.1 million and $15.4 million for the years ended December 31, 2023, 2022 and 2021, respectively, and was recorded in Operating Expenses - Office and Occupancy on the Consolidated Statements of Income.