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Capitalized Software
12 Months Ended
Dec. 31, 2018
Capitalized Software  
Capitalized Software

(14)        Capitalized Software

The following is a summary of capitalized software costs at December 31 (dollars in thousands):

 

 

 

 

 

 

 

 

 

    

2018

    

2017

 

Capitalized software costs

 

$

85,398

 

$

86,316

 

Less: accumulated amortization

 

 

42,536

 

 

45,057

 

Total

 

$

42,862

 

$

41,259

 

 

Software costs totaling $27.6 million and $27.8 million were capitalized in 2018 and 2017, respectively, related to the continued development of new features and functionalities across the entire ITG product line. During 2018, capitalized software costs and related accumulated amortization were each reduced by $28.3 million for fully amortized costs.

Other general and administrative expenses in the Consolidated Statements of Operations included $25.4 million, $25.6 million and $25.1 million related to the amortization of capitalized software costs in 2018, 2017 and 2016, respectively. As of December 31, 2018 and 2017, there were no capitalized software costs not subject to amortization.