Property and Equipment

3 Months Ended

Mar. 31, 2022

Property, Plant and Equipment [Abstract]

Property and equipment is summarized as follows (in thousands):


	As of March 31, 2022		As of December 31, 2021
Computer equipment and software	$	231,231	$	221,429
Furniture and fixtures	10,241		10,238
Leasehold improvements	19,432		19,453
Property and equipment	260,904		251,120
Less accumulated depreciation	(210,698)		(203,046)
Property and equipment, net	$	50,206	$	48,074

Depreciation and amortization expense related to property and equipment was $8.0 million for the three months ended March 31, 2022 and 2021. Of these amounts, $7.2 million and $7.1 million are included in cost of revenue for the three months ended March 31, 2022 and 2021, respectively, and $0.8 million and $0.9 million are included in general and administrative expense for the three months ended March 31, 2022 and 2021, respectively.

Depreciation and amortization expense is included in cost of revenue and general and administrative expense in the Consolidated Statements of Operations based on the nature of the asset being depreciated.

Capitalized Internal-Use Software

The Company capitalized costs related to the development of internal-use software of $9.5 million and $7.0 million for the three months ended March 31, 2022 and 2021, respectively. Capitalized amounts are included as a component of property and equipment under computer equipment and software on the Consolidated Balance Sheets.

The portion of total depreciation expense related to capitalized internal-use software was $6.9 million and $6.7 million for the three months ended March 31, 2022 and 2021, respectively. Depreciation expense related to capitalized internal-use software is included in cost of revenue in the Consolidated Statements of Operations.

As of March 31, 2022 and December 31, 2021, the Company had capitalized internal-use software of $41.6 million and $39.0 million, respectively, net of accumulated depreciation, which was included in property and equipment, net.