Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment, net as of March 31, 2013 and December 31, 2012 consists of the following:



(in thousands)	2013			2012
Land	$	4,000		$	4,000
Buildings	10,780			10,780
Furniture and equipment	90,869			89,870
Capitalized software	484,053			470,469
Leasehold improvements	47,077			47,879
	636,779			622,998
Less accumulated depreciation	(450,380		)	(436,381		)
Property and equipment, net	$	186,399		$	186,617

- Definition

Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software.

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