Property and Equipment

12 Months Ended

Dec. 31, 2019

Property Plant And Equipment [Abstract]

Property and Equipment

7. Property and Equipment

The components of the Company’s property and equipment as of December 31, 2019 and 2018 were as follows:

	December 31, 2019			December 31, 2018
	(in thousands)
Developed software	$	154,656		$	90,302
Computer equipment		74,052			50,767
Leasehold improvements		52,962			39,550
Furniture and fixtures		14,463			10,801
Purchased software and digital assets		13,395			4,696
Construction in progress		6,018			1,976
Property and equipment		315,546			198,092
Accumulated depreciation and amortization		(142,802	)		(78,597	)
Property and equipment, net	$	172,744		$	119,495

The Company recorded depreciation and amortization expense for property and equipment other than developed software for the years ended December 31, 2019, 2018 and 2017 of $30.2 million, $21.6 million and $11.7 million, respectively.

The Company capitalized developed software costs of $64.5 million, $41.1 million and $26.0 million for the years ended December 31, 2019, 2018 and 2017, respectively. Amortization expense for developed software costs, recognized in depreciation and amortization in the consolidated statements of operations, for the years ended December 31, 2019, 2018 and 2017 was $34.5 million, $21.8 million and $12.0 million, respectively.