PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2012

NOTE 4—PROPERTY AND EQUIPMENT

The balance of property and equipment, net is as follows (in thousands):

	June 30, 2012			December 31, 2011

Computer equipment and capitalized software	$	25,260		$	24,940
Leasehold improvements		2,055			2,042
Furniture and other equipment		1,488			1,450
Projects in progress		1,755			826

		30,558			29,258
Less: accumulated depreciation and amortization		(22,867	)		(20,883	)

Total property and equipment, net	$	7,691		$	8,375

- 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.

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