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Other Assets, Net
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets, Net
6. Other Assets, Net
Other assets, net consisted of the following:
DECEMBER 31,
(in thousands)20242023
Assets held in Rabbi Trust$49,356 $40,389 
Capitalized software, net (1)29,090 16,434 
ROU assets for operating leases, net13,764 14,368 
Other non-current assets2,446 4,733 
Total Other assets, net$94,656 $75,924 
(1) The increase in Capitalized software, net for the year ended December 31, 2024 relates to our back-office transformation program to enhance our technology capabilities to better support our clients, consultants and candidates. This balance includes $6.3 million related to capitalized implementation costs from cloud computing arrangements as of December 31, 2024. Accumulated amortization of capitalized software was $40.1 million and $37.6 million as of December 31, 2024 and 2023, respectively.