Property and Equipment

12 Months Ended

Dec. 31, 2016

Property and Equipment

Property and Equipment

4.        Property and Equipment

Property and equipment consists of the following:

		At December 31,
		2016		2015
Cost:
Computer equipment and software	3 years	$	52,921	$	44,470
Office furniture and fixtures	3-7 years		6,911		5,785
Leasehold improvements	Shorter of the lease term or useful life of the asset		17,286		15,123
Other office equipment	3-5 years		1,367		683
			78,485		66,061
Less accumulated depreciation and amortization			(45,485)		(37,380)
Property and equipment, net		$	33,000	$	28,681

During 2016, the Company retired property and equipment that were no longer in service in the amount of $8,123 and recognized a loss of $398. During 2015, the Company retired fully depreciated property and equipment that were no longer in service in the amount of $5,944. The following table presents the cost amounts and related accumulated depreciation written off by category:

	Year Ended December 31, 2016				Year Ended December 31, 2015
			Accumulated				Accumulated
	Cost		Depreciation		Cost		Depreciation
Computer equipment and software	$	6,593	$	(6,498)	$	5,749	$	(5,749)
Office furniture and fixtures		225		(206)		106		(106)
Other office equipment		1,175		(916)		68		(68)
Leasehold improvements		130		(105)		21		(21)
Total property and equipment retirements	$	8,123	$	(7,725)	$	5,944	$	(5,944)

During 2016, the Company recorded an increase in the cost of acquired Yodlee property and equipment related to a purchase accounting fair market value adjustment in the amount of $3,922.

Depreciation and amortization expense was as follows:

	Year Ended December 31,
	2016		2015		2014
Depreciation and amortization expense	$	14,838	$	7,668	$	5,910