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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2021
Property Plant And Equipment [Abstract]  
Schedule of Property and Equipment

Property and equipment consists of the following:

 

 

December 31.

 

 

 

2021

 

 

2020

 

 

 

(in thousands)

 

Computer equipment and purchased software

 

$

15,524

 

 

$

15,128

 

Employee related computer equipment

 

 

32,230

 

 

 

20,802

 

Furniture and fixtures

 

 

20,180

 

 

 

20,204

 

Leasehold improvements

 

 

90,070

 

 

 

89,850

 

Internal-use software

 

 

20,616

 

 

 

12,528

 

Construction in progress

 

 

4,141

 

 

 

10,014

 

Total property and equipment

 

 

182,761

 

 

 

168,526

 

Less accumulated depreciation

 

 

(86,627

)

 

 

(67,403

)

Property and equipment, net

 

$

96,134

 

 

$

101,123

 

Schedule of Changes in Asset Retirement Obligations

The changes in the asset retirement obligation balance during the year ending December 31, 2021 and December 31, 2020 are as follows:

 

Year Ended December 31,

 

 

2021

 

 

2020

 

 

(in thousands)

 

Beginning balance

$

4,884

 

 

$

3,533

 

Additions

 

72

 

 

 

750

 

Accretion

 

267

 

 

 

236

 

Updates to estimated cash flows

 

(323

)

 

 

365

 

Ending balance

$

4,900

 

 

$

4,884