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Property and Equipment
9 Months Ended
Jun. 26, 2016
Property and Equipment  
Property and Equipment

5.Property and Equipment

 

Property and equipment consisted of the following:

 

 

 

June 26,
2016

 

September 27,
2015

 

 

 

(in thousands)

 

 

 

 

 

 

 

Land and buildings

 

$

3,683

 

$

3,661

 

Equipment, furniture and fixtures

 

182,770

 

176,883

 

Leasehold improvements

 

30,675

 

21,582

 

 

 

 

 

 

 

Total property and equipment

 

217,128

 

202,126

 

Accumulated depreciation

 

(145,540)

 

(137,220)

 

 

 

 

 

 

 

Property and equipment, net

 

$

71,588

 

$

64,906

 

 

 

 

 

 

 

 

 

 

The depreciation expense related to property and equipment, including assets under capital leases, was $5.9 million and $17.2 million for the three and nine months ended June 26, 2016, respectively, compared to $5.3 million and $18.1 million for the prior-year periods.  In the first nine months of fiscal 2015, we sold assets comprised primarily of equipment with a net book value of $4.7 million for net proceeds of $10.0 million, and recognized a corresponding gain of $5.3 million, which is included in “Other costs of revenue” in our consolidated statements of income.  This equipment was primarily related to our RCM segment.