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Fixed Assets
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Fixed Assets Fixed Assets
The following table presents the Company’s fixed assets as reported on the Consolidated Balance Sheets as of December 31:
20252024
CostAccumulated DepreciationNet Book ValueCostAccumulated DepreciationNet Book Value
Computer equipment, furniture and fixtures
$81,088 $(58,580)$22,508 $70,627 $(47,424)$23,203 
Leasehold improvements100,151 (56,373)43,778 106,380 (56,877)49,503 
Land and building6,812 (17)6,795 — — — 
$188,051 $(114,970)$73,081 $177,007 $(104,301)$72,706 
Depreciation expense for the years ended December 31, 2025, 2024, and 2023 was $25.6 million, $29.2 million and $29.0 million, respectively.