Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

PROPERTY AND EQUIPMENT, NET

Property and equipment, net consist of the following (in thousands):

	December 31,
	2022		2021
Cost:
Computer equipment	$	28,998	$	23,515
Office furniture and equipment	5,717		6,462
Leasehold improvements	45,520		42,419
	80,235		72,396
Accumulated depreciation	41,192		34,098
Property and equipment, net	$	39,043	$	38,298

Depreciation expense of property and equipment, net for the years ended December 31, 2022, 2021 and 2020 were $10,651, $9,355 and $9,903, respectively.