4. Property and Equipment and Capitalized Software and Curriculum

Property and equipment consists of the following at:


	June 30,
	2019		2018
	(In thousands)
Student computers	$	43,845	$	35,375
Computer software		17,999		15,313
Computer hardware		14,118		12,889
Leasehold improvements		10,364		11,779
State testing computers		7,470		6,816
Furniture and fixtures		4,058		4,127
Office equipment		1,382		1,476
		99,236		87,775
Less accumulated depreciation and amortization		(67,256)		(58,907)
	$	31,980	$	28,868

The Company recorded depreciation expense related to property and equipment reflected in selling, administrative and other operating expenses of $5.2 million, $5.1 million and $6.7 million during the years ended June 30, 2019, 2018 and 2017, respectively. Depreciation expense of $15.0 million, $12.4 million and $11.2 million related to computers leased to students is reflected in instructional costs and services during the years ended June 30, 2019, 2018 and 2017, respectively. Amortization expense of $0.0 million, $0.5 million and $0.6 million related to student software costs is reflected in instructional costs and services during the years ended June 30, 2019, 2018 and 2017, respectively.

In the course of its normal operations, the Company incurs maintenance and repair expenses, which are expensed as incurred and totaled $13.7 million, $12.1 million and $11.7 million for the years ended June 30, 2019, 2018 and 2017, respectively.

Capitalized software costs consist of the following at:


	June 30,
	2019		2018
	(In thousands)
Capitalized software	$	226,503	$	201,348
Less accumulated depreciation and amortization		(175,338)		(145,860)
	$	51,165	$	55,488

The Company recorded amortization expense of $22.3 million, $25.8 million and $25.1 million related to capitalized software reflected in instructional costs and services and $7.4 million, $9.1 million and $7.9 million reflected in selling, administrative and other operating expenses during the years ended June 30, 2019, 2018 and 2017, respectively.

Capitalized curriculum development costs consist of the following at:


	June 30,
	2019		2018
	(In thousands)
Capitalized curriculum development costs	$	156,671	$	185,520
Less accumulated depreciation and amortization		(103,374)		(131,962)
	$	53,297	$	53,558

The Company recorded amortization expense of $18.5 million, $19.4 million and $19.9 million related to capitalized curriculum development cost reflected in instructional costs and services during the years ended June 30, 2019, 2018 and 2017, respectively.