PROPERTY AND EQUIPMENT

12 Months Ended

Dec. 31, 2012

NOTE 5—PROPERTY AND EQUIPMENT

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

	December 31, 2012			December 31, 2011

Computer equipment and capitalized software	$	25,592		$	24,940
Leasehold improvements		2,055			2,042
Furniture and other equipment		1,302			1,450
Projects in progress		500			826

		29,449			29,258
Less: accumulated depreciation and amortization		(23,294	)		(20,883	)

Total property and equipment, net	$	6,155		$	8,375

Unamortized capitalized software development costs were $4.8 million and $6.4 million at December 31, 2012 and 2011, respectively. Capitalized software development amortization expense was $3.1 million and $2.7 million for the years ended December 31, 2012 and 2011, respectively.

- 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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