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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Summary of Property and equipment, net

Property and equipment, net consists of the following (in thousands):

 

 

 

December 31,

 

 

 

2022

 

 

2021

 

 

 

 

 

 

 

 

Computer software

 

$

236,533

 

 

$

231,943

 

Computer equipment

 

 

24,240

 

 

 

23,691

 

Buildings

 

 

5,158

 

 

 

5,158

 

Leasehold improvements

 

 

4,600

 

 

 

5,157

 

Furniture, fixtures and equipment

 

 

1,222

 

 

 

2,442

 

Computer software and web development projects in-process

 

 

5,147

 

 

 

26,490

 

Property and equipment, gross

 

 

276,900

 

 

 

294,881

 

Less: Accumulated depreciation

 

 

(202,753

)

 

 

(181,783

)

Property and equipment, net

 

$

74,147

 

 

$

113,098

 

Summary of depreciation expense related to property and equipment

The Company recorded depreciation expense related to property and equipment in the following expense categories of its consolidated statements of operations as follows (in thousands):

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

 

 

 

Cost of revenue

 

$

27,137

 

 

$

18,160

 

 

$

13,619

 

Selling and marketing

 

 

381

 

 

 

1,471

 

 

 

2,220

 

Enterprise technology and development

 

 

28,833

 

 

 

25,290

 

 

 

21,274

 

General and administrative

 

 

242

 

 

 

4,104

 

 

 

3,014

 

Total depreciation

 

$

56,593

 

 

$

49,025

 

 

$

40,127