Property and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and equipment at December 31, 2019 and 2018, respectively, consisted of the following (in thousands):



	2019			2018
Computer equipment	$	14,249		$	12,258
Software, including internal-use software	89,072			82,426
Office equipment and furniture	7,288			7,315
Buildings	1,666			49,169
Leasehold improvements	6,776			4,394
Total Property and Equipment, Gross	119,051			155,562
Less: Accumulated depreciation	(81,827		)	(72,629		)
Property and Equipment, Net	$	37,224		$	82,933

Depreciation expense was $10.1 million, $9.4 million, and $8.4 million for the years ended December 31, 2019, 2018, and 2017, respectively.

Long-Lived Asset Impairment

In the third quarter of 2018, the Company changed its reporting units as part of a segment change, which required an interim impairment assessment. The intangible and long-lived assets associated with the reporting units assessed were also reviewed for impairment. As the fair value of capitalized costs related to a legacy ERP system in the EMEA reporting unit was determined to be less than the recorded book value of such assets, the Company recorded a $3.0 million impairment charge.

During the fourth quarter of 2017, the Company ceased use of one of its internal-use software platforms and recorded $0.4 million of expense within depreciation and amortization.

Buildings

Under ASC 840, Leases, the Company was deemed the accounting owner of facilities in Portland, Oregon, and Prague, Czech Republic, during construction, and upon completion of construction, determined that facilities did not qualify for sale-leaseback accounting treatment. Buildings of $48.5 million and corresponding financing obligations of $47.0 million were classified within Property and equipment, net and Long-term liabilities, respectively, as of December 31, 2018. These amounts were derecognized upon adoption of ASC 842, Leases, and are recorded as operating leases within right of use assets and lease liabilities as of December 31, 2019.