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Property and Equipment | 9 Months Ended
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Sep. 30, 2022
Property, Plant and Equipment [Abstract] |
Property and Equipment | Note 6 - Property and Equipment The Company’s fixed assets consist of the following (in millions):
| September 30, |  | December 31,
| 2022 |  | 2021
Computer equipment | $ | 12.7 |  |  | $ | 12.5 |
Furniture and fixtures | 3.7 |  |  | 3.6 |
Leasehold improvements | 9.6 |  |  | 8.6 |
Internal use developed software | 58.7 |  |  | 40.8 |
Construction in progress | 3.0 |  |  | 5.9 |
Property and equipment, gross | 87.7 |  |  | 71.4 |
Less: accumulated depreciation | (37.5) |  |  | (29.7) |
Property and equipment, net | $ | 50.2 |  |  | $ | 41.7 |
During the fiscal year ending December 31, 2021, in relation to our Waltham office relocation, we recorded an impairment charge of $2.7 million, comprised of $1.5 million relating to the operating lease right-of-use asset, and $1.2 million relating to the leasehold improvements. We also recorded accelerated depreciation of furniture and fixtures of $2.1 million. These charges were recognized within Restructuring and transaction-related expenses on our Consolidated Statements of Operations. Depreciation expense was $4.8 million and $2.9 million for the three months ended September 30, 2022 and 2021, respectively. Depreciation expense was $12.9 million and $10.4 million for the nine months ended September 30, 2022 and 2021, respectively.

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- 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
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