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Property and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
The following table represents the property and equipment balances:
March 31,
2026
December 31,
2025
(In thousands)
Equipment$105,465 $104,071 
Furniture and fixtures4,970 4,672 
Leasehold improvements19,538 18,606 
Purchased software and internal-use software development costs171,447 165,885 
Construction in progress24,638 23,426 
Property and equipment, gross326,058 316,660 
Accumulated depreciation and amortization(204,558)(196,549)
Total property and equipment, net$121,500 $120,111 
Depreciation and amortization expense of property and equipment was $9.2 million and $8.6 million for the three months ended March 31, 2026 and 2025, respectively, of which amortization expense related to purchased software and internal-use software development costs was $6.2 million and $5.4 million for the three months ended March 31, 2026 and 2025, respectively.
The geographic location of the Company’s property and equipment, net, is based on the physical location in which it is located. The following table summarizes the geographic information for property and equipment, net:
March 31,
2026
December 31,
2025
(In thousands)
United States$117,779 $116,102 
Rest of world
3,721 4,009 
Total property and equipment, net$121,500 $120,111