Property and Equipment

9 Months Ended

Sep. 30, 2017

Property and Equipment

Property and Equipment

Note 4. Property and Equipment

Property and equipment by major asset class for the periods presented consisted of the following:

	September 30,		December 31,
	2017		2016
Computer equipment	$	48,522	$	40,349
Software		65,416		42,614
Furniture and fixtures		9,156		8,652
Leasehold improvements		5,255		4,392
Projects in progress		7,655		12,001
Property and equipment, gross	$	136,004	$	108,008
Less: accumulated depreciation and amortization		57,590		40,368
Property and equipment, net	$	78,414	$	67,640

In December 2015, we purchased a perpetual software license, which is included in the software total above. We are paying for this software over a two year period ending in January 2018. As such, there is approximately $3,319 and $3,351 included in accounts payable and accrued other expenses on our Consolidated Balance Sheets as of September 30, 2017 and December 31, 2016, respectively, and $3,225 included in other long-term liabilities on our Consolidated Balance Sheets as of December 31, 2016.

Total depreciation and amortization expense related to property and equipment, including capitalized software costs, was $6,070 and $5,218 for the three months ended September 30, 2017 and 2016, respectively, and $17,541 and $14,864 for the nine months ended September 30, 2017 and 2016, respectively.