Property and Equipment

12 Months Ended

Sep. 30, 2025

Property, Plant and Equipment [Abstract]

Property and Equipment

4. Property and Equipment

Property and equipment consisted of the following:

(in thousands)	September 30,
	2025			2024
Computer hardware and software	$	253,382		$	262,085
Furniture and fixtures		18,341			20,177
Leasehold improvements		72,657			79,802
Gross property and equipment		344,380			362,064
Accumulated depreciation and amortization		(283,537	)		(286,877	)
Net property and equipment	$	60,843		$	75,187

Depreciation expense was $23.7 million, $27.6 million and $29.0 million in 2025, 2024 and 2023, respectively. In 2025, we recognized an impairment charge of $2.8 million on leasehold improvements and furniture and fixtures related to subleased facilities. For additional information on this impairment charge, see Note 2. Summary of Significant Accounting Policies.

Our material long-lived assets primarily resided in the United States in 2025, 2024 and 2023.