PROPERTY, EQUIPMENT AND CAPITALIZED SOFTWARE

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

PROPERTY, EQUIPMENT AND CAPITALIZED SOFTWARE

PROPERTY, EQUIPMENT AND CAPITALIZED SOFTWARE

Property, equipment and capitalized software consisted of the following (in thousands):

	December 31,
	2019			2018
Office and computer equipment	$	81,090		$	76,748
Leasehold improvements	14,936			13,158
Purchased software	51,784			45,304
Capitalized software	166,995			128,356
Furniture and fixtures	7,934			6,412
Land	390			390
Buildings	14,028			14,028
Work in process	8,200			5,811
Total	345,357			290,207
Less: accumulated depreciation and amortization	(197,616		)	(148,449		)
Property, equipment and capitalized software, net	$	147,741		$	141,758

Depreciation expense for the years ended December 31, 2019, 2018, and 2017 was $55.9 million, $52.7 million, and $37.9 million, respectively. At December 31, 2019 and 2018, the Company had unamortized capitalized software costs, including costs classified as work in progress, of $64.0 million and $57.8 million, respectively. At December 31, 2019 and 2018, work in process consisted primarily of purchased software licenses, computer equipment, and capitalized software, which was not placed into service.