XML 22 R10.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Property and Equipment
 3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following:
As of March 31,As of December 31,
20242023
(In thousands)
Capitalized internal-use software developments costs$310,947 $297,655 
Data center equipment (1)
104,803 104,543 
Leasehold improvements92,427 92,315 
Office equipment56,833 60,905 
Furniture and fixtures14,558 14,558 
Software14,639 14,639 
Total property and equipment594,207 584,615 
Less: accumulated depreciation and amortization (1)
(392,934)(374,976)
Total property and equipment, net$201,273 $209,639 
____________________________________
(1) Data center equipment contains $72.4 million in assets held under finance leases as of March 31, 2024 and December 31, 2023. Accumulated depreciation and amortization includes $59.3 million and $55.9 million of accumulated depreciation for assets held under finance leases as of March 31, 2024, and December 31, 2023, respectively.
Depreciation and amortization expense was $23.8 million and $20.1 million in the three months ended March 31, 2024 and 2023, respectively.
The Company capitalized $16.1 million and $14.2 million in internal‑use software development costs in the three months ended March 31, 2024 and 2023, respectively.