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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Schedule of Property and Equipment and Depreciation Expense | We recognized the following depreciation expense (in thousands):
2024 |  | $ | 35,967 |
2023 |  | 39,569 |
2022 |  | 38,102 |
A summary of our property and equipment as of December 31 is as follows (in thousands):
|  |  | 2024 |  | 2023
Furniture, fixtures, and equipment |  |  | $ | 227,501 |  |  | $ | 251,473 |
Buildings |  |  | 61,286 |  |  | 58,586 |
Corporate aircraft |  |  | 23,760 |  |  | 23,760 |
Leasehold improvements |  |  | 89,213 |  |  | 91,234 |
Land |  |  | 11,013 |  |  | 11,018 |
Construction in progress |  |  | 617 |  |  | 1,387 |
Less: accumulated depreciation and amortization |  |  | (282,483) |  |  | (292,740) |
Net property and equipment (1) |  |  | $ | 130,907 |  |  | $ | 144,718 |
_________________________________________ (1) Includes $3.7 million of net property and equipment for the Europe Surface Transportation disposal group, which is presented within assets held for sale on the condensed consolidated balance sheets as of December 31, 2024. Refer to Note 15, Divestitures, for further discussion related to the sale of our Europe Surface Transportation business.
Schedule of Amortization Expense of Software | We recognized the following amortization expense of purchased and internally developed software (in thousands):
2024 |  | $ | 49,032 |
2023 |  | 38,803 |
2022 |  | 31,229 |
Schedule of Purchased and Internally Developed Software | A summary of our purchased and internally developed software as of December 31 is as follows (in thousands):
| 2024 |  | 2023
Purchased software | $ | 3,074 |  |  | $ | 4,639 |
Internally developed software | 188,950 |  |  | 212,363 |
Less accumulated amortization | (92,621) |  |  | (114,473) |
Net software | $ | 99,403 |  |  | $ | 102,529 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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