Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.19.3.a.u2
Property and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment consisted of the following at December 31, 2019 and 2018 (in thousands):

  2019 2018
Estimated Useful
Lives in Years
Equipment $ 49,633    $ 43,164   
3-13
Building 7,400    7,400    40
Leasehold improvements 23,683    22,207   
2-20
Furniture and fixtures 5,858    5,675   
5-10
Computer hardware and office equipment 15,280    12,137   
3-10
Computer software 20,806    14,341   
2-10
Land 3,170    3,170    —   
Assets not yet placed in service 7,167    2,921    —   
Subtotal 132,997    111,015     
Less: accumulated depreciation (68,809)   (50,127)    
Property and equipment, net $ 64,188    $ 60,888     
 
Depreciation expense on property and equipment in each period was as follows (in thousands): 
  For the Years Ended December 31,
  2019 2018 2017
Depreciation expense $ 20,346    $ 15,804    $ 15,596   
 
In our Consolidated Statements of Operations, we recorded depreciation as follows: $9.4 million, $8.2 million and $9.3 million was recorded in cost of revenue for the years ended December 31, 2019, 2018 and 2017, respectively, $10.8 million, $7.6 million and $6.2 million was recorded in general and administrative expenses for the years ended December 31, 2019, 2018 and 2017, respectively, and $0.1 million, $0, and $0.1 million was recorded in research and development expense for the years ended December 31, 2019, 2018 and 2017.