Property and Equipment, Net

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

3. Property and Equipment, Net

Property and equipment, net at December 31, 2014 and 2013 consisted of the following (in thousands):


	2014			2013
Buildings and leasehold improvements	$	19,371		$	18,380
Furniture and fixtures		21,979			22,087
Capitalized software		35,549			34,983
Equipment		11,486			10,310

Total property and equipment		88,385			85,760
Accumulated depreciation and amortization		(69,910	)		(66,805	)

Property and equipment, net	$	18,475		$	18,955

Depreciation expense related to property and equipment for the years ended December 31, 2014, 2013 and 2012 was as follows (in thousands):


	2014		2013		2012
Operating expenses	$	4,940	$	4,425	$	4,381
Corporate general and administrative expenses		413		331		307

Total depreciation expense	$	5,353	$	4,756	$	4,688

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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