Property and Equipment, Net

12 Months Ended

Dec. 31, 2016

Note 3. Property and Equipment, Net

Property and equipment, net at December 31, 2016 and 2015 consisted of the following (in thousands):

	2016			2015
Buildings and leasehold improvements	$	19,841		$	18,075
Furniture and fixtures		23,893			23,515
Capitalized software		36,429			35,632
Equipment		11,751			11,396
Total property and equipment		91,914			88,618
Accumulated depreciation and amortization		(72,464	)		(68,456	)
Property and equipment, net	$	19,450		$	20,162

Depreciation expense for property and equipment was $5.4 million, $5.7 million and $5.4 million in 2016, 2015 and 2014, respectively.