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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment consisted of the following (in thousands):
December 31,
Useful Life20222021
Equipment
2-5 years
$76,674 $74,769 
Software
2-5 years
33,639 32,804 
Furniture and fixtures
3-5 years
3,168 3,188 
Leasehold improvementsShorter of the estimated lease term or useful life35,448 34,640 
148,929 145,401 
Less accumulated depreciation and amortization(104,097)(97,716)
Property and equipment, net$44,832 $47,685 

The Company recorded depreciation and amortization expense related to property and equipment of $15.3 million for the year ended December 31, 2022, $17.0 million for the year ended December 31, 2021 and $17.2 million for the year ended December 31, 2020. During each of these years, the Company disposed of certain property and equipment that was fully depreciated at the time of disposal, which resulted in reductions in both Cost and Accumulated depreciation.

Property and equipment under finance leases included in the amounts above were as follows (in thousands):
 December 31,
 20222021
Cost$— $2,050 
Less accumulated depreciation— (1,763)
Property and equipment under finance leases, net$— $287 
The net book values of the Company's property and equipment by geographic area were as follows (in thousands):
 December 31,
 20222021
United States$23,143 $24,683 
Canada3,471 5,184 
Asia/Pacific8,152 8,174 
Europe833 1,157 
Israel8,860 7,859 
Other373 628 
$44,832 $47,685