Property and Equipment

12 Months Ended

Dec. 31, 2018

Property Plant And Equipment [Abstract]

Property and Equipment

5. Property and Equipment

The components of property and equipment as of December 31, 2018 and 2017 are as follows (in thousands):

	December, 31						Depreciable
	2018			2017			Life
Purchased and capitalized software costs	$	36,894		$	55,940		2-7 years
Furniture, fixtures and equipment		28,749			30,917		2-10 years
Computer equipment		15,265			16,657		2-6 years
Leasehold improvements		14,939			15,513		2-10 years
In-process assets		1,897			1,376
		97,744			120,403
Less-accumulated depreciation and amortization		(76,248	)		(96,225	)
Property and equipment, net	$	21,496		$	24,178

Depreciation and amortization expense related to property and equipment, excluding capital leases, for the years ended December 31, 2018, and 2017 was $7.6 million, and $8.4 million, respectively.

The Company’s property and equipment held under capital leases amount to approximately $2.9 million and $2.7 million, net of accumulated amortization of approximately $2.8 million and $6.8 million, at December 31, 2018 and 2017, respectively. Depreciation and amortization expense related to capital leases for the years ended December 31, 2018, and 2017 was $2.2 million, and $3.1 million, respectively.