Property, plant and equipment, net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net consist of the following:


	As of December 31,
	2021		2022
Land	$	7,292	$	6,662
Buildings	41,282		38,376
Furniture and fixtures	52,901		47,076
Computer equipment and servers	309,551		300,501
Plant, machinery and equipment	108,527		98,515
Computer software	138,343		118,547
Leasehold improvements	114,747		102,248
Vehicles	162		110
Capital work in progress	45,647		54,330
Property, plant and equipment, gross	$	818,452	$	766,365
Less: Accumulated depreciation, amortization and impairment	(603,363)		(585,607)
Property, plant and equipment, net	$	215,089	$	180,758

Depreciation expense on property, plant and equipment for the years ended December 31, 2020, 2021 and 2022 was $67,662, $62,159 and $54,603, respectively. Computer software amortization for the years ended December 31, 2020, 2021 and 2022 was $9,421, $5,842 and 4,703, respectively.

The depreciation and amortization expenses set forth above include the effect of the reclassification of foreign exchange (gains) losses related to the effective portion of foreign currency derivative contracts, amounting to $213, $(430) and $306 for the years ended December 31, 2020, 2021 and 2022, respectively.

The Company recorded a write-down to property, plant and equipment & computer software during the years ended December 31, 2020, 2021 and 2022 as described in Note 10.

During the year ended December 31, 2022, the Company sold certain property plant and equipment with a gross carrying value and accumulated depreciation amounting to $377 and $355, respectively, and classified certain property plant and equipment with a gross carrying value and accumulated depreciation amounting to $0 and $0, respectively, as assets held for sale relating to the Business, the sale of which was completed after December 31, 2022. See Note 8 for additional information.