Property and Equipment

12 Months Ended

Dec. 01, 2017

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following as of December 1, 2017 and December 2, 2016 (in thousands):



	2017			2016
Computers and equipment	$	1,128,264		$	1,051,937
Furniture and fixtures	115,273			94,243
Capital projects in-progress	5,575			7,648
Leasehold improvements	120,165			110,414
Land	77,723			77,340
Buildings	490,665			382,364
Building improvements	265,829			202,266
Total	2,203,494			1,926,212
Less accumulated depreciation and amortization	(1,266,518		)	(1,109,948		)
Property and equipment, net	$	936,976		$	816,264

Depreciation and amortization expense of property and equipment for fiscal 2017, 2016 and 2015 was $156.9 million, $157.6 million and $146.3 million, respectively.

In March 2017, we exercised our option to purchase the Almaden Tower for a total purchase price of $103.6 million. We capitalized the Almaden Tower as property and equipment on our Consolidated Balance Sheets at $104.2 million, the lesser of cost or fair value, which represented the total purchase price plus other direct costs associated with the purchase.