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Property and Equipment, net
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Note 9. Property and Equipment, net
Property and equipment, net consists of the following (in thousands):
June 30,
2024
December 31,
2023
Office equipment$23,506 $23,417 
Laboratory equipment221,918 220,677 
Computer equipment151,602 147,570 
Land15,432 10,931 
Building and leasehold improvements573,160 584,755 
Operating lease right-of-use assets18,120 20,553 
Construction in progress55,795 13,544 
1,059,533 1,021,447 
Less accumulated depreciation and amortization(297,524)(269,934)
Property and equipment, net$762,009 $751,513 
In May 2024, we purchased additional property in Wilmington, Delaware including land, office buildings and parking garages for a purchase price of $48.7 million. As of June 30, 2024 we capitalized $4.9 million of land and recorded approximately $43.8 million of construction in progress relating to the office buildings and parking garages.