v3.23.2
PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET
 6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET
Property, equipment and leasehold improvements, net consisted of the following as of the dates indicated:
As of
June 30,December 31,
(in thousands)20232022
Computer & related equipment$190,453 $181,710 
Furniture & fixtures15,486 14,078 
Leasehold improvements57,687 54,040 
Work-in-process5,688 2,373 
Subtotal269,314 252,201 
Accumulated depreciation and amortization(208,348)(198,348)
Property, equipment and leasehold improvements, net$60,966 $53,853 
Depreciation and amortization expense of property, equipment and leasehold improvements was $5.2 million and $6.8 million for the three months ended June 30, 2023 and 2022, respectively.
Depreciation and amortization expense of property, equipment and leasehold improvements was $10.7 million and $13.3 million for the six months ended June 30, 2023 and 2022, respectively.