Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Note 4 — Property and Equipment, Net

Property and equipment are recorded at cost. Depreciation is recorded over the estimated useful life of each class of depreciable asset, and is computed using the straight-line method. Leasehold improvements are amortized over the shorter of the estimated asset life or term of the lease. Repairs and maintenance costs are charged to expense as incurred.

The following table sets forth the amounts of property and equipment by each class of depreciable asset as of December 31, 2022 and December 31, 2021:


	December 31, 2022		December 31, 2021
	(in thousands)
Housekeeping and Dietary equipment	$	13,585	$	13,468
Computer hardware and software	6,086		5,880
Operating lease — right-of-use assets	34,445		33,217
Other1	1,055		1,736
Total property and equipment, at cost	55,171		54,301
Less accumulated depreciation	32,196		26,199
Total property and equipment, net	$	22,975	$	28,102

1.Includes furniture and fixtures, leasehold improvements and autos and trucks.

Depreciation expense for the years ended December 31, 2022, 2021 and 2020 was $10.5 million, $10.3 million, and $10.1 million, respectively. Of the depreciation expense recorded for the years ended December 31, 2022, 2021 and 2020 $6.1 million, $6.4 million and $5.6 million related to the depreciation of the Company’s operating lease - right-of-use assets (“ROU Assets”), respectively.