Property And Equipment

12 Months Ended

Dec. 31, 2011

4.	Property and Equipment

The composition of property and equipment as of December 31, 2010 and 2011 is as follows (in thousands):


	2010			2011			Estimated useful life (years)
Land	$	7,138		$	7,138		–
Buildings and improvements		17,533			17,995		5-40
Furniture, equipment, and computer hardware and software		96,776			146,523		5-10
Leasehold improvements		34,377			33,692		3-10
Construction in progress		34,769			843		–

		190,593			206,191
Accumulated depreciation and amortization		(74,530	)		(85,042	)

	$	116,063		$	121,149

Construction in progress included costs associated with the construction of new campuses and corporate headquarters and the development of information technology applications. In 2010 and 2011, the Company recorded leasehold improvements of $0.7 million and $2.0 million, respectively, which were reimbursed by lessors as lease incentives. In 2011, the Company wrote off $10.9 million in fixed assets that were fully depreciated and no longer in service. No assets were written off in 2010.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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