Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net (Tables)

v3.22.4
Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property and equipment consisted of the following at December 31, 2022 and 2021 (in thousands):
  2022 2021
Estimated Useful
Lives in Years
Equipment $ 91,759  $ 86,410 
1 - 13
Leasehold improvements 44,418  43,251 
1-17
Furniture and fixtures 12,274  11,141 
1-8
Computer hardware and office equipment 32,843  30,394 
1-9
Computer software 44,151  35,826 
1-10
Construction in progress 8,984  12,395 
Subtotal 234,429  219,417   
Less: accumulated depreciation (131,930) (109,952)  
Property and equipment, net $ 102,499  $ 109,465   
Depreciation expense for the years ended December 31, 2022, 2021 and 2020, was as follows (in thousands):
2022 2021 2020
Cost of revenue $ 15,406  $ 14,200  $ 15,287 
General and administrative 18,125  15,299  10,359 
Research and development 1,841  693  258 
Total depreciation $ 35,372  $ 30,192  $ 25,904