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Property and equipment, net (Tables)
6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property and equipment, net

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

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 

Computer software and web development

 

$

253,296

 

 

$

231,943

 

Computer equipment

 

 

23,449

 

 

 

23,691

 

Buildings

 

 

5,158

 

 

 

5,158

 

Leasehold improvements

 

 

4,600

 

 

 

5,157

 

Furniture, fixtures and equipment

 

 

1,874

 

 

 

2,442

 

Computer software and web development projects in-process

 

 

12,876

 

 

 

26,490

 

Property and equipment, gross

 

 

301,253

 

 

 

294,881

 

Less: Accumulated depreciation

 

 

(208,952

)

 

 

(181,783

)

Total property and equipment, net

 

$

92,301

 

 

$

113,098

 

Summary of depreciation expense related to property and equipment The Company recorded depreciation expense related to property and equipment in the following expense categories of its unaudited condensed consolidated statements of operations as follows (in thousands):

 

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

$

7,743

 

 

$

4,146

 

 

$

16,824

 

 

$

7,884

 

 

Selling and marketing

 

 

102

 

 

 

389

 

 

 

381

 

 

 

840

 

 

Enterprise technology and development

 

 

7,486

 

 

 

5,340

 

 

 

14,935

 

 

 

12,651

 

 

General and administrative

 

 

49

 

 

 

617

 

 

 

241

 

 

 

1,263

 

 

Total depreciation

 

$

15,380

 

 

$

10,492

 

 

$

32,381

 

 

$

22,638