Computers, Furniture and Equipment-Net

3 Months Ended

Mar. 31, 2013

Computers, Furniture and Equipment-Net

4. Computers, Furniture and Equipment-Net

Computers, furniture and equipment-net consist of:

	As of
	December 31,			March 31,
(in thousands)	2012			2013

Computers and software	$	10,018		$	10,265
Furniture and fixtures	1,032			1,041
Leasehold improvements	1,166			1,160
	12,216			12,466
Less accumulated depreciation	(8,217		)	(8,704		)
Computers, furniture and equipment-net	$	3,999		$	3,762

Computers and software includes equipment under capital leases totaling approximately $2.5 million at December 31, 2012 and March 31, 2013. Accumulated depreciation on equipment under capital leases totaled approximately $2.0 million and $2.1 million as of December 31, 2012 and March 31, 2013, respectively. Depreciation and amortization expense associated with computers, furniture and equipment was $0.5 million for the three months ended March 31, 2012 and 2013.

- Definition

The entire disclosure for 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. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details