XML 60 R9.htm IDEA: XBRL DOCUMENT
v3.22.4

Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | 3. PROPERTY AND EQUIPMENT Property and equipment and accumulated depreciation and amortization were as follows:
|  | December 31, 2022 |  |  | December 31, 2021 |
Property and equipment |  |  |  |  |  |
Software and capitalized software costs |  | $ | 270,645 |  |  | $ | 199,470 |
Buildings |  |  | 177,765 |  |  |  | 172,807 |
Computer equipment |  |  | 133,715 |  |  |  | 102,509 |
Rental clocks |  |  | 35,846 |  |  |  | 30,313 |
Furniture, fixtures and equipment |  |  | 28,414 |  |  |  | 24,971 |
Other |  |  | 17,321 |  |  |  | 16,397 |
|  |  | 663,706 |  |  |  | 546,467 |
Less: accumulated depreciation and amortization |  |  | (331,340 | ) |  |  | (242,652 | )
|  |  | 332,366 |  |  |  | 303,815 |
Construction in progress |  |  | 36,286 |  |  |  | 11,342 |
Land |  |  | 33,796 |  |  |  | 33,796 |
Property and equipment, net |  | $ | 402,448 |  |  | $ | 348,953 |
We capitalize computer software development costs related to software developed for internal use in accordance with ASC 350-40. For the years ended December 31, 2022 and 2021, we capitalized $66.4 million and $52.9 million, respectively, of computer software development costs related to software developed for internal use. Rental clocks included in property and equipment, net represent time clocks issued to clients under month-to-month operating leases. As such, these items are transferred from inventory to property and equipment and depreciated over their estimated useful lives. We capitalize interest incurred for indebtedness related to construction in progress. For the years ended December 31, 2022, 2021 and 2020, we incurred interest costs of $3.4 million, $1.4 million and $1.5 million, respectively. For the years ended December 31, 2022, 2021 and 2020, interest cost of $0.9 million, $1.4 million and $1.5 million, respectively, was capitalized. Included in the construction in progress balance at December 31, 2022 and 2021 is $2.0 million and $0.1 million in retainage, respectively. Depreciation and amortization expense for property and equipment, net was $88.7 million, $64.7 million and $53.2 million for the years ended December 31, 2022, 2021 and 2020, respectively.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration