Annual report pursuant to Section 13 and 15(d)

Property, Software And Equipment

v2.4.0.6
Property, Software And Equipment
12 Months Ended
Dec. 31, 2011
Property, Software And Equipment [Abstract]  
Property, Software And Equipment

7. Property, Software and Equipment

Property, software and equipment consist of the following as of December 31:

 

     2011     2010  

Computer software

   $ 158,672      $ 141,918   

Building

     186,194        171,072   

Land

     47,614        44,282   

Computer hardware

     51,805        35,639   

Furniture and office equipment

     37,865        33,812   

Leasehold improvements

     44,766        38,247   
  

 

 

   

 

 

 
     526,916        464,970   

Less accumulated depreciation

     (177,294     (138,629
  

 

 

   

 

 

 

Property, software and equipment, net

   $ 349,622      $ 326,341   
  

 

 

   

 

 

 

As of December 31, 2011 and 2010, the Company had assets acquired under capital leases of $6,316 and $6,339, net of accumulated amortization of $1,285 and $1,041, respectively. Amortization on assets under capital leases charged to expense is included in depreciation expense. Depreciation expense for the years ended December 31, 2011, 2010 and 2009 was $42,249, $37,131 and $33,103, respectively.