PREMISES AND EQUIPMENT, NET

9 Months Ended

Sep. 30, 2019

Property, Plant and Equipment [Abstract]

Premises and equipment, net consists of the following:



(in thousands)	September 30, 2019			December 31, 2018

Computer hardware and software	$	169,719		$	182,215
Furniture and fixtures	9,730			13,313
Office equipment and other	4,367			7,384
Leasehold improvements	24,064			29,781
	207,880			232,693
Less: Accumulated depreciation and amortization	(179,449		)	(187,062		)

Total	$	28,431		$	45,631

Depreciation and amortization expense totaled $14.2 million and $24.7 million for the nine months ended September 30, 2019 and 2018, respectively ($(3.1) million and $7.7 million for the third quarter of 2019 and 2018, respectively), and is included in cost of revenue for operating assets and in selling, general and administrative expenses for non-operating assets in the accompanying condensed consolidated statements of operations and comprehensive income (loss). During the third quarter of 2019, we reclassified certain operating lease items recorded in the first half of the year. This resulted in a $6.8 million decrease in depreciation and amortization expense for the third quarter of 2019.

Premises and equipment, net consist of the following, by country:



(in thousands)	September 30, 2019		December 31, 2018

United States	$	14,964	$	25,693
India	708		3,154
Luxembourg	12,615		14,975
Philippines	104		1,754
Other	40		55

Total	$	28,431	$	45,631