Capitalized Software, Furniture, Equipment and Leasehold Improvements

12 Months Ended

Dec. 31, 2020

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,
	2020			2019
	(In thousands)
Software development costs	$	151,139		$	119,911
Computer hardware and related software		52,696			48,379
Office hardware		8,782			5,725
Furniture and fixtures		7,078			5,000
Leasehold improvements		29,064			27,966
		248,759			206,981
Accumulated depreciation and amortization		(163,555	)		(135,186	)
Total	$	85,204		$	71,795

During the years ended December 31, 2020 and 2019, software development costs totaling $30.6 million and $22.4 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.