Property And Equipment

9 Months Ended

Sep. 30, 2011

9. Property and Equipment

Property and equipment are recorded at cost and consist of the following (dollars in thousands):


	Estimated
	Useful Life		September 30,			December 31,
	(Years)		2011			2010
Computer equipment		3– 5	$	39,483		$	32,525
Office equipment		5		4,396			3,784
Furniture and fixtures		5		3,535			3,378
Leasehold improvements		3– 13		3,745			3,361

Total property and equipment, gross				51,159			43,048
Less: Accumulated depreciation				(30,379	)		(24,173	)

Total property and equipment, net			$	20,780		$	18,875

Depreciation expense related to property and equipment for the three and nine months ended September 30, 2011 and 2010 is as follows (in thousands):


	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Depreciation expense	$	2,276	$	1,890	$	6,438	$	5,805

- 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