Capitalized Software, Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2022

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,
	2022			2021
	(In thousands)
Software development costs	$	218,848		$	183,998
Computer hardware and related software		37,614			45,986
Office hardware		8,455			8,866
Furniture and fixtures		6,952			7,120
Leasehold improvements		30,660			31,021
		302,529			276,991
Accumulated depreciation and amortization		(202,273	)		(180,930	)
Total	$	100,256		$	96,061

During the years ended December 31, 2022 and 2021, software development costs totaling $38.7 million and $33.1 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.