XML 33 R16.htm IDEA: XBRL DOCUMENT v3.24.0.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
The following summarizes our property and equipment (in thousands):
December 31,
20232022
Computer hardware$21,501 $30,092 
Furniture and equipment1,297 4,214 
Internal-use software development costs212,913 189,119 
Leasehold improvements1,052 14,926 
Total property and equipment236,763 238,351 
Accumulated depreciation and amortization expenses(158,569)(150,477)
Total property and equipment, net$78,194 $87,874 

The Company capitalized $23.8 million, $29.5 million and $22.5 million for the years ended December 31, 2023, 2022 and 2021, respectively, of internal-use software development costs. The net book value of capitalized internal-use software development costs was $70.9 million and $73.7 million as of December 31, 2023 and 2022, respectively.
Depreciation expense related to property and equipment was $32.4 million, $32.0 million and $30.6 million for the years ended December 31, 2023, 2022 and 2021, respectively, of which amortization expense related to capitalized internal-use software development costs was $26.7 million, $27.0 million and $26.5 million for the years ended December 31, 2023, 2022 and 2021, respectively.