Property and Equipment

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment.

Property and Equipment

Property and equipment at December 31, 2015 and 2014 consisted of the following (in thousands):

	2015			2014
Furniture, fixtures and equipment	$	14,445		$	10,957
Computers and related equipment	33,121			21,741
Computer software	52,929			41,416
Leasehold improvements	10,551			5,637
Work-in-progress	4,139			11,943
	115,185			91,694
Less -- accumulated depreciation	(61,989		)	(47,383		)
	$	53,196		$	44,311

Depreciation expense related to property and equipment was $16.8 million in 2015, $12.3 million in 2014 and $7.2 million in 2013, and is included in SG&A expenses.

The Company has capitalized costs related to its various technology initiatives. At December 31, 2015 and 2014, the net book value of the property and equipment related to software development was $15.7 million and $14.0 million, respectively, which included work-in-progress of $2.5 million and $9.0 million, respectively.