XML 21 R11.htm IDEA: XBRL DOCUMENT v3.4.0.3
Property and Equipment
3 Months Ended
Mar. 31, 2016
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 4. Property and Equipment

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

 

 

 

March 31,

2016

 

 

December 31,

2015

 

Capitalized internal-use software

 

$

24,254

 

 

$

22,418

 

Hosting equipment

 

 

29,107

 

 

 

26,920

 

Leasehold improvements

 

 

20,492

 

 

 

19,577

 

Computer equipment and software

 

 

8,587

 

 

 

7,682

 

Furniture and fixtures

 

 

5,925

 

 

 

5,739

 

Construction in progress

 

 

2,438

 

 

 

4,157

 

Total

 

 

90,803

 

 

 

86,493

 

Less: accumulated depreciation and amortization

 

 

(35,260

)

 

 

(29,953

)

Property and equipment, net

 

$

55,543

 

 

$

56,540

 

 

Depreciation expense was $3.7 million and $2.3 million for the three months ended March 31, 2016 and 2015, respectively. 

 

Amortization expense of capitalized internal-use software totaled $1.7 million and $1.5 million for the three months ended March 31, 2016 and 2015, respectively. The carrying value of capitalized internal-use software at March 31, 2016 and December 31, 2015 was $14.3 million and $14.1 million, respectively, including $1.3 million and $1.5 million in construction in progress, respectively.