Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Depreciation and amortization is computed by use of the straight-line method over the estimated useful lives of the assets as stated below:

Purchased software and internal-use software development costs	3 - 5 years
Leasehold and building improvements	Shorter of the lease term or the estimated useful life
Furniture and fixtures	5 - 7 years
Equipment	2 - 12 years

The following table represents the property and equipment balances as of December 31, 2023 and 2022:

	December 31,
	2023		2022
	(In thousands)
Equipment	$	95,996	$	91,391
Furniture and fixtures	4,500		5,154
Leasehold improvements	17,919		19,510
Purchased software and internal-use software development costs	118,004		76,327
Construction in progress	11,614		28,223
Property and equipment, gross	248,033		220,605
Accumulated depreciation and amortization	(139,432)		(126,644)
Total property and equipment, net	$	108,601	$	93,961

Long-lived Assets by Geographic Areas

The following table summarizes the geographic information for property and equipment, net, as of December 31, 2023 and 2022:

	December 31,
	2023		2022
	(In thousands)
United States	$	104,312	$	89,989
Rest of world (1)	4,289		3,972
Total property and equipment, net	$	108,601	$	93,961

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(1)    No individual country represented more than 10% of total property and equipment, net.