Property and Equipment

12 Months Ended

Dec. 31, 2014

Property and equipment consisted of the following:



	December 31,
	2014			2013
	(In thousands)
Land	$	205		$	205
Building	605			461
Computer equipment, furniture, and office equipment	45,525			34,508
Computer software purchased	20,363			13,123
Capitalized internal-use software	89,023			62,871
Tenant improvements	9,172			7,482
	164,893			118,650
Less accumulated depreciation and amortization	(87,609		)	(58,177		)
Property and equipment, net	$	77,284		$	60,473

Depreciation and amortization expense was $32.5 million, $27.1 million and $18.1 million for the years ended December 31, 2014, 2013 and 2012, respectively. Included in those amounts are depreciation expense related to internal-use software of $18.4 million, $15.0 million and $9.7 million for the years ended December 31, 2014, 2013 and 2012, respectively. The net carrying value of capitalized internal-use software was $39.8 million and $28.1 million at December 31, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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