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Property and Equipment, Net
12 Months Ended
Dec. 31, 2015
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

Note C – Property and Equipment, Net

Property and equipment consisted of the following at December 31, 2015 and 2014 (in thousands):

 

 

 

2015

 

 

2014

 

 

Estimated Useful

Lives in Years

 

Equipment

 

$

34,040

 

 

$

19,604

 

 

3-7

 

Leasehold improvements

 

 

9,349

 

 

 

3,541

 

 

2-5

 

Furniture and fixtures

 

 

4,398

 

 

 

1,982

 

 

 

7

 

Computer hardware

 

 

5,175

 

 

 

4,249

 

 

 

3

 

Computer software

 

 

7,717

 

 

 

5,033

 

 

2-3

 

Assets not yet placed in service

 

 

432

 

 

 

495

 

 

 

 

Subtotal

 

 

61,111

 

 

 

34,904

 

 

 

 

 

Less accumulated depreciation and amortization

 

 

(26,534

)

 

 

(19,822

)

 

 

 

 

Property and equipment, net

 

$

34,577

 

 

$

15,082

 

 

 

 

 

 

Depreciation and amortization expense on property and equipment, including leased assets in each period was as follows (in thousands): 

 

 

 

For the years ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Depreciation and amortization expense

 

$

6,730

 

 

$

5,345

 

 

$

4,189

 

 

In our consolidated statements of operations, we recorded approximately $4,238, $3,516 and $2,985 of depreciation and amortization in cost of revenue for the years ended December 31, 2015, 2014 and 2013, respectively, and we recorded $2,492, $1,829 and $1,204 of depreciation and amortization in general and administrative expenses for the years ended December 31, 2015, 2014 and 2013, respectively.

Property and equipment under capital leases, included above, consists of the following at December 31, 2015 and 2014 (in thousands):

 

 

 

2015

 

 

2014

 

Equipment

 

$

13,655

 

 

$

8,729

 

Furniture and fixtures

 

 

1,250

 

 

 

1,250

 

Computer hardware

 

 

2,846

 

 

 

2,454

 

Computer software

 

 

651

 

 

 

523

 

Leasehold improvements

 

 

99

 

 

 

44

 

Subtotal

 

 

18,501

 

 

 

13,000

 

Less accumulated depreciation and amortization

 

 

(9,047

)

 

 

(4,959

)

Property and equipment under capital leases, net

 

$

9,454

 

 

$

8,041