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Property, Equipment and Software
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 31, 2014
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property, Equipment and Software | Property, Equipment and Software Property, equipment and software was comprised of the following as of December 31, 2014 and 2013:
Included in the Company's net property, equipment and software balance at December 31, 2014 was approximately $22,418 in construction in progress, comprised of $76 for furniture and equipment, $826 for buildings and improvements, $138 for software and $21,378 for capitalized website and software development costs, which includes $1,410 for capitalized interest. At December 31, 2013, the Company's construction in progress balance was $2,418, consisting primarily of capitalized website and software development costs. Depreciation expense for the years ended December 31, 2014, 2013 and 2012 was $2,491, $1,565 and $994, respectively. Computer software amortization expense for 2014, 2013 and 2012 was $1,356, $961 and $524, respectively. During the fourth quarter of 2014, the Company recorded a $1,778 one-time, non-cash long-lived asset impairment charge related to the abandonment of certain capitalized website and software development assets. The impairment was recorded as a result of the Company's decision to abandon certain aspects of its e-commerce order fulfillment functionality. The Company evaluated the ongoing value and specific costs incurred to date with respect to the functionality and ultimately identified a long-lived asset impairment charge in the aforementioned amount that was recorded in the product and technology expense line within the consolidated statement of operations for the year ended December 31, 2014. |
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