Property and Equipment

12 Months Ended

Dec. 31, 2012

5. Property and Equipment

Property and equipment consist of the following:

	December 31,

	2012			2011
Computer hardware	$	33,381		$	37,012
Computer software		18,313			19,846
Construction in-progress		8,755			483
Furniture and fixtures		3,568			1,614
Building		8,808			8,808
Leasehold improvements		9,931			7,940

		82,756			75,703
Less: Accumulated depreciation		(24,594	)		(40,734	)

	$	58,162		$	34,969

Depreciation expense was approximately $14.5 million, $10.5 million, and $7.0 million for 2012, 2011, and 2010, respectively. Amortization of property and equipment recorded under a capital lease is included with depreciation expense.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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