XML 27 R12.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following:
As of December 31,
20232022
(In thousands)
Capitalized internal-use software developments costs$297,655 $257,983 
Data center equipment (1)
104,543 100,207 
Leasehold improvements92,315 91,660 
Office equipment60,905 70,815 
Furniture and fixtures14,558 14,935 
Software14,639 14,675 
Total property and equipment584,615 550,275 
Less: accumulated depreciation and amortization (1)
(374,976)(286,296)
Total property and equipment, net$209,639 $263,979 
____________________________________
(1) Data center equipment includes $72.4 million in assets held under finance leases as of December 31, 2023 and 2022. Accumulated depreciation and amortization includes $55.9 million and $41.2 million of accumulated depreciation for assets held under finance leases as of December 31, 2023 and 2022, respectively.
Depreciation and amortization expense was $89.9 million, $71.7 million and $59.6 million for the years ended December 31, 2023, 2022 and 2021, respectively.
The Company capitalized $57.2 million, $65.4 million and $63.1 million in internal‑use software development costs in the years ended December 31, 2023, 2022 and 2021, respectively.