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Condensed Balance Sheet Components | 6 Months Ended
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Jun. 30, 2024
Balance Sheet Related Disclosures [Abstract] |
Condensed Balance Sheet Components | Condensed Balance Sheet Components Property and Equipment, Net Property and equipment, net is recorded at cost less accumulated depreciation and amortization. Depreciation and amortization are recorded on a straight-line basis over the estimated useful lives of the respective assets. Property and equipment, net consists of the following (in thousands):
| June 30, 2024 |  | December 31, 2023
Proprietary software | $ | 46,800 |  |  | $ | 44,964 |
Furniture and equipment | 48,232 |  |  | 47,389 |
Automobiles | 2,035 |  |  | 2,069 |
Leasehold improvements | 85,786 |  |  | 84,138 |
Property and equipment, gross | 182,853 |  |  | 178,560 |
Less: accumulated depreciation and amortization | (86,084) |  |  | (74,473) |
Property and equipment, net | $ | 96,769 |  |  | $ | 104,087 |
Depreciation and amortization expense on property and equipment was $8.1 million and $7.8 million for the three months ended June 30, 2024 and 2023, respectively, and $16.3 million and $15.3 million for the six months ended June 30, 2024 and 2023, respectively. During the six months ended June 30, 2023, the Company recorded $7.2 million of impairment of leasehold improvements and disposal of fixed assets, related to the closures of several of its office and retail locations as part of the savings plan the Company implemented. The Company did not record impairment of leasehold improvements or disposal of fixed assets related to the savings plan during the three and six months ended June 30, 2024. Other Accrued and Current Liabilities Other accrued and current liabilities consist of the following (in thousands):
| June 30, 2024 |  | December 31, 2023
Returns reserve | $ | 20,773 |  |  | $ | 22,204 |
Accrued compensation | 17,254 |  |  | 20,086 |
Accrued sales tax and other taxes | 7,277 |  |  | 8,118 |
Site credit and gift card liability | 14,505 |  |  | 14,058 |
Accrued marketing and outside services | 5,935 |  |  | 5,012 |
Accrued shipping | 3,694 |  |  | 4,244 |
Deferred revenue | 2,769 |  |  | 2,214 |
Accrued interest | 4,939 |  |  | 1,166 |
Other | 7,913 |  |  | 5,583 |
Other accrued and current liabilities | $ | 85,059 |  |  | $ | 82,685 |

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- Definition The entire disclosure for supplemental balance sheet disclosures, including descriptions and amounts for assets, liabilities, and equity. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/210/tableOfContent + Details
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