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PROPERTY, EQUIPMENT AND SOFTWARE, NET
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY, EQUIPMENT AND SOFTWARE, NET PROPERTY, EQUIPMENT AND SOFTWARE, NET
The following summarizes property, equipment and software, net as of December 31, 2020 and 2019 (in thousands):
December 31,
20202019
Warehouse equipment$— $5,144 
Furniture and fixtures5,005 9,113 
Leasehold improvements24,808 47,927 
Office equipment676 1,735 
Purchased software435 7,207 
Computer hardware121,307 143,118 
Internally-developed software (1)
264,103 222,140 
Total property, equipment and software, gross416,334 436,384 
Less: accumulated depreciation and amortization(331,050)(311,434)
Property, equipment and software, net$85,284 $124,950 
(1)The net carrying amount of internally-developed software was $57.9 million and $71.1 million as of December 31, 2020 and 2019.
Due to the triggering event and subsequent review of long-lived assets for impairment in the first quarter of 2020 described in Note 3, COVID-19 Pandemic, we recognized long-lived asset impairment of property, equipment and software, net of $15.2 million within our International segment related to our EMEA operations.
The assets that we deemed impaired were written down to fair value based on the discounted cash flow method that uses Level 3 inputs. The significant estimates used in the discounted cash flow models are the risk-
adjusted discount rates; forecasted revenue, cost of revenue and operating expenses; forecasted capital expenditures and working capital needs; weighted-average cost of capital; rates of long-term growth; and income tax rates.
The following table summarizes impairment for long-lived assets by asset type for the year ended December 31, 2020 (in thousands), of which $9.6 million is included in $22.4 million of Long-lived asset impairment and $5.6 million is included in $21.6 million of Restructuring and related charges on the consolidated statements of operations:
Long-Lived Asset CategoryImpairment
Property, equipment and software, net
Furniture and fixtures$413 
Leasehold improvements8,419 
Office equipment198 
Purchased software14 
Computer hardware2,842 
Capitalized software304 
Internally-developed software2,988 
Total$15,178 
Depreciation and amortization expense on property, equipment and software is classified as follows in the accompanying consolidated statements of operations for the years ended December 31, 2020, 2019 and 2018 (in thousands):
Year Ended December 31,
202020192018
Service cost of revenue$28,443 $28,917 $28,102 
Product cost of revenue 9,434 6,466 8,467 
Selling, general and administrative39,915 56,027 64,761 
Total$77,792 $91,410 $101,330 
The above amounts include amortization of internally-developed software of $58.8 million, $56.6 million and $53.9 million, and amortization expense on assets under finance leases of $6.7 million, $18.9 million and $30.2 million, for the years ended December 31, 2020, 2019 and 2018.