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Capitalized Software, Furniture, Equipment and Leasehold Improvements
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Capitalized Software, Furniture, Equipment and Leasehold Improvements

8. Capitalized Software, Furniture, Equipment and Leasehold Improvements

Capitalized software development costs, furniture, equipment and leasehold improvements, net of accumulated depreciation and amortization, are comprised of the following:

 

 

As of December 31,

 

 

2021

 

 

2020

 

 

(In thousands)

 

 

 

 

 

 

 

Software development costs

$

183,998

 

 

$

151,139

 

Computer hardware and related software

 

45,986

 

 

 

52,696

 

Office hardware

 

8,866

 

 

 

8,782

 

Furniture and fixtures

 

7,120

 

 

 

7,078

 

Leasehold improvements

 

31,021

 

 

 

29,064

 

 

 

276,991

 

 

 

248,759

 

Accumulated depreciation and amortization

 

(180,930

)

 

 

(163,555

)

Total

$

96,061

 

 

$

85,204

 

 

 

 

 

 

 

 

During the years ended December 31, 2021 and 2020, software development costs totaling $33.1 million and $30.6 million, respectively, were capitalized. Non-capitalized software costs and routine maintenance costs are expensed as incurred and are included in employee compensation and benefits and professional and consulting fees in the Consolidated Statements of Operations.