Property and Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following:



	As of December 31,
	2018			2017
	(in thousands)
Buildings	$	657,438		$	634,061
Furniture and equipment	280,908			256,509
Software	162,601			151,890
Leasehold improvements	103,428			117,806
Computers	59,073			61,294
Total property and equipment, gross	1,263,448			1,221,560
Less: accumulated depreciation	(451,443		)	(432,123		)
Total property and equipment, net	$	812,005		$	789,437

Total property and equipment, gross, as of December 31, 2018 and 2017, included $94.8 million and $100.9 million, respectively, for property and equipment recorded under capital leases. Accumulated depreciation, as of December 31, 2018 and 2017, included $34.0 million and $43.4 million, respectively, for property and equipment recorded under capital leases.

The Company recorded depreciation expense of $72.4 million, $61.4 million and $60.8 million in 2018, 2017 and 2016, respectively. The Company’s capital lease amortization is included in depreciation expense.