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Property and Equipment
12 Months Ended
Dec. 31, 2019
Property Plant And Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3.

PROPERTY AND EQUIPMENT

The components of property and equipment are as follows:

 

 

 

 

2019

 

 

2018

 

 

Land

 

$

145,172

 

 

$

144,521

 

 

Buildings and leasehold improvements

 

 

478,361

 

 

 

473,663

 

 

Furniture, fixtures, equipment and purchased software

 

 

353,923

 

 

 

330,316

 

 

Construction in progress

 

 

794

 

 

 

2,582

 

 

Property and equipment, at cost

 

 

978,250

 

 

 

951,082

 

 

Less accumulated depreciation and amortization

 

 

478,906

 

 

 

446,977

 

 

Property and equipment, net

 

$

499,344

 

 

$

504,105

 

 

In December 2017, the Company sold land and buildings in Miami, Florida, which had a net book value of $80 million. The Company recorded a $4 million gain from the sale in 2017, which is reported in the United States segment within other operating expenses in the consolidated statements of earnings.