XML 24 R13.htm IDEA: XBRL DOCUMENT v3.23.1
Property and Equipment, net
3 Months Ended
Mar. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, net Property and Equipment, net
The components of property and equipment, net as of March 31, 2023 and December 31, 2022 were as follows:
(in thousands)March 31,
2023
December 31,
2022
Leasehold improvements$53,288 $53,950 
Technology and computers96,191 95,189 
Furniture and fixtures4,348 6,173 
Construction in process10,674 4,640 
Other property and equipment11,453 10,828 
Property and equipment, gross175,954 170,780 
Accumulated depreciation(100,350)(95,727)
Property and equipment, net$75,604 $75,053 
The Company’s principal operations are in the Philippines where the majority of property and equipment resides under its wholly owned subsidiaries. The table below presents the Company’s total property and equipment by geographic location as of March 31, 2023 and December 31, 2022:
(in thousands)March 31,
2023
December 31,
2022
Philippines$42,953 $42,153 
United States8,968 9,136 
India14,881 15,482 
Rest of World8,802 8,282 
Property and equipment, net$75,604 $75,053