Property and Equipment

12 Months Ended

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

The following table is a summary of "Property and equipment, net" as of December 31:


(Amounts in millions)	2020		2019
Computer hardware and software	$	512.8	$	503.6
Signage	56.1		53.3
Equipment at agent locations	48.9		59.2
Office furniture and equipment	28.4		28.4
Leasehold improvements	27.0		26.5
Total property and equipment	673.2		671.0
Accumulated depreciation and amortization	(525.1)		(494.9)
Total property and equipment, net	$	148.1	$	176.1

Depreciation and amortization expense for property and equipment for 2020, 2019 and 2018 was $63.9 million, $73.2 million and $74.8 million, respectively. No impairments of property and equipment were recorded during 2020, 2019 and 2018.

At December 31, 2020 and 2019, the Company had $0.5 million and $5.9 million, respectively, in accrued purchases of property and equipment included within "Accounts payable and other liabilities" in the Consolidated Balance Sheets.

During 2020 and 2019, the Company had nominal losses related to disposals of its property and equipment. During 2018, the Company recognized a loss of $0.1 million on disposals of its property and equipment. The loss was recorded within "Occupancy, equipment and supplies" in the Consolidated Statements of Operations.

For the years ended December 31, 2020 and 2019, software development costs of $28.2 million and $48.3 million, respectively, were capitalized. At December 31, 2020 and 2019, there were $105.3 million and $114.6 million, respectively, of unamortized software development costs included in property and equipment.

As of December 31, 2020 and 2019, the Company had $1.5 million and $2.2 million, respectively, in net capitalized implementation costs related to hosting arrangements that are service contracts. These costs are recorded within "Other assets" in the Consolidated Balance Sheets and the related amortization is recorded in the same line item in the Consolidated Statements of Operations as other fees associated with the service arrangements.