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Property and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following:
December 31,
20252024
 (In thousands)
Land$205 $205 
Building605 605 
Computer equipment, furniture, and office equipment40,478 43,273 
Computer software purchased17,892 17,945 
Capitalized internal-use software511,474 441,989 
Tenant improvements3,046 7,227 
573,700 511,244 
Less accumulated depreciation and amortization(375,348)(322,881)
Property and equipment, net$198,352 $188,363 
The net carrying value of capitalized internal-use software was $191.4 million and $178.3 million at December 31, 2025 and 2024, respectively.
Total depreciation and amortization expense was $64.7 million, $63.4 million and $58.7 million for the years ended December 31, 2025, 2024 and 2023, respectively. Included in those amounts are depreciation expense related to internal-use software of $56.3 million, $54.7 million and $51.8 million for the years ended December 31, 2025, 2024 and 2023, respectively.
We recorded total impairment charges to property and equipment of $2.0 million and $4.9 million for the years ended December 31, 2025 and 2024, respectively, related to internal-use software that we determined would no longer be utilized. No impairment charge was recognized related to long-lived assets for the year ended December 31, 2023.