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Property and Equipment, net
9 Months Ended
Sep. 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):
September 30,
2024
December 31,
2023
Office equipment$23,838 $23,417 
Laboratory equipment232,444 220,677 
Computer equipment154,338 147,570 
Land15,773 10,931 
Building and leasehold improvements585,320 584,755 
Operating lease right-of-use assets17,250 20,553 
Construction in progress59,950 13,544 
1,088,913 1,021,447 
Less accumulated depreciation and amortization(315,811)(269,934)
Property and equipment, net$773,102 $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. During the nine months ended September 30, 2024, we capitalized $4.9 million of land and recorded approximately $47.2 million of construction in progress relating to the office buildings and parking garages.