Property and Equipment (Tables)

3 Months Ended

Mar. 31, 2013

Property and equipment at December 31, 2012 and March 31, 2013 were comprised of the following (dollars in thousands):


	December 31,			March 31,
	2012			2013
Computers and equipment	$	10,877		$	10,005
Software and development costs		54,274			56,369
Furniture and fixtures		3,291			3,291
Leasehold improvements		7,039			6,879

	$	75,481		$	76,544
Less accumulated depreciation and amortization		(50,704	)		(51,597	)

Property and equipment, net	$	24,777		$	24,947

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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