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

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

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 

Computer software and web development

 

$

234,473

 

 

$

231,943

 

Computer equipment

 

 

23,779

 

 

 

23,691

 

Buildings

 

 

5,158

 

 

 

5,158

 

Leasehold improvements

 

 

4,600

 

 

 

5,157

 

Furniture, fixtures and equipment

 

 

1,777

 

 

 

2,442

 

Computer software and web development projects in-process

 

 

7,008

 

 

 

26,490

 

Property and equipment, gross

 

 

276,795

 

 

 

294,881

 

Less: Accumulated depreciation

 

 

(194,765

)

 

 

(181,783

)

Total property and equipment, net

 

$

82,030

 

 

$

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 September 30,

 

 

Nine months ended September 30,

 

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

$

5,068

 

 

$

4,375

 

 

$

21,892

 

 

$

12,259

 

 

Selling and marketing

 

 

 

 

 

323

 

 

 

381

 

 

 

1,163

 

 

Enterprise technology and development

 

 

7,676

 

 

 

6,055

 

 

 

22,611

 

 

 

18,706

 

 

General and administrative

 

 

1

 

 

 

533

 

 

 

242

 

 

 

1,796

 

 

Total depreciation

 

$

12,745

 

 

$

11,286

 

 

$

45,126

 

 

$

33,924