Property and Equipment

12 Months Ended

Dec. 31, 2019

Property and Equipment

Property and Equipment

10. Property and Equipment

Property and equipment is held predominantly in the US and consisted of the following:

	December 31,
(In thousands)	2019		2018
Computer equipment	$	2,119	$	2,522
Software		1,718		3,577
Furniture and fixtures		3,665		3,759
Laboratory equipment		30,546		31,164
Leasehold improvements		22,164		21,849
Subtotal		60,212		62,871
Less: accumulated depreciation		(47,568)		(49,695)
Property and equipment, net	$	12,644	$	13,176

For the years ended December 31, 2019, 2018 and 2017, depreciation expense for property and equipment was $3.3 million, $3.0 million and $2.5 million, respectively.