v3.25.4
Property and Equipment
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment (including equipment under finance leases) consists of the following:
(In thousands)December 31,Estimated
Useful Lives
20252024
Program, service and test equipment$323,527 $371,994 
2 to 5 years
Satellite equipment46,885 43,340 
Term of lease
Furniture and fixtures11,101 11,639 
3 to 8 years
Transmission equipment11,387 29,750 
5 years
Leasehold improvements133,069 144,709 Term of lease
Property and equipment525,969 601,432 
Accumulated depreciation and amortization(409,991)(458,396)
Property and equipment, net$115,978 $143,036 
Depreciation and amortization expenses on property and equipment (including equipment under finance leases) amounted to $63.5 million, $64.1 million and $66.9 million, for the years ended December 31, 2025, 2024 and 2023, respectively.
At December 31, 2025 and 2024, the gross amount of equipment and related accumulated amortization recorded under finance leases were as follows:
(In thousands)December 31,
20252024
Satellite equipment$46,885 $43,340 
Less accumulated amortization(34,407)(31,645)
$12,478 $11,695