v3.25.0.1
Property and Equipment, Net
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
9.
Property and Equipment, Net

Property and equipment consisted of the following at December 31, 2024 and December 31, 2023 (in thousands):

 

 

 

December 31, 2024

 

 

December 31, 2023

 

 

Useful life
(years)

Buildings and leasehold improvements

 

$

103,945

 

 

$

102,372

 

 

1-15

Furniture and equipment

 

 

84,720

 

 

 

84,244

 

 

3-10

Computer systems and equipment

 

 

172,437

 

 

 

168,926

 

 

3-10

Construction equipment

 

 

6,463

 

 

 

6,173

 

 

5-7

Construction in progress

 

 

30,342

 

 

 

21,030

 

 

 

 

 

 

397,907

 

 

 

382,745

 

 

 

Accumulated depreciation

 

 

(286,332

)

 

 

(283,788

)

 

 

Property and equipment, net

 

$

111,575

 

 

$

98,957

 

 

 

 

Depreciation expense of $37.4 million, $39.1 million, and $39.0 million was recorded for the years ended December 31, 2024, December 31, 2023 and December 31, 2022, respectively.