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Note 9 - Fixed Assets
 12 Months Ended
Dec. 31, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

9.    Fixed Assets

 

The following is a summary of fixed assets:

 

  

Useful Life (in years)

 

Cost

  

Accumulated Depreciation and Amortization

  

Net

 

December 31, 2023

              

Furniture and office equipment

 3 - 10 $178.5  $(156.7) $21.8 

Leasehold improvements

 Lease term  116.5   (63.0)  53.5 

Purchased software

 3  59.9   (55.2)  4.7 

Software development costs

 3 - 7  1,136.6   (653.0)  483.6 

Leased equipment

 3 - 4  105.1   (63.8)  41.3 

Total fixed assets

   $1,596.6  $(991.7) $604.9 

December 31, 2022

              

Furniture and office equipment

 3 - 10 $199.2  $(177.1) $22.1 

Leasehold improvements

 

Lease term

  118.3   (54.6)  63.7 

Purchased software

 3  65.1   (61.0)  4.1 

Software development costs

 3 - 7  945.4   (504.5)  440.9 

Leased equipment

 3 - 4  64.4   (53.7)  10.7 

Total fixed assets

   $1,392.4  $(850.9) $541.5 

 

Depreciation and amortization of fixed assets for the years ended December 31, 2023, 2022, and 2021 were $206.8 million, $164.2 million, and $170.3 million, of which $165.5 million, $116.6 million, and $111.6 million related to amortization of internal-use software development costs, respectively. Amortization expense related to development of software for sale in accordance with ASC 985-20 was $4.8 million, $7.6 million, and $11.7 million for the years ended December 31, 2023, 2022, and 2021, respectively. We had unamortized software development costs that had been capitalized in accordance with ASC 350-40 of $482.4 million and $389.1 million as of December 31, 2023 and 2022, respectively. We had unamortized software development costs that had been capitalized in accordance with ASC 985-20 of $1.2 million and $51.7 million as of December 31, 2023 and 2022, respectively. Leased assets include amounts held under finance leases for automobiles, computer software, and computer equipment.