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Property and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consist of the following:
As of December 31,
20242023
(In thousands)
Capitalized internal-use software developments costs$357,334 $297,655 
Data center equipment (1)
63,672 104,543 
Leasehold improvements78,104 92,315 
Office equipment50,659 60,905 
Furniture and fixtures12,618 14,558 
Software14,143 14,639 
Total property and equipment576,530 584,615 
Less: accumulated depreciation and amortization (1)
(385,488)(374,976)
Total property and equipment, net$191,042 $209,639 
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(1) Data center equipment includes $33.5 million and $72.4 million in assets held under finance leases as of December 31, 2024 and 2023, respectively. Accumulated depreciation and amortization includes $28.6 million and $55.9 million of accumulated depreciation for assets held under finance leases as of December 31, 2024 and 2023, respectively.
Depreciation and amortization expense was $91.9 million, $89.9 million and $71.7 million for the years ended December 31, 2024, 2023 and 2022, respectively.
The Company capitalized $72.5 million, $57.2 million and $65.4 million in internal‑use software development costs in the years ended December 31, 2024, 2023 and 2022, respectively.