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 consists of the following (in thousands):

December 31,Estimated
Useful Life
(in years)
20252024
Land$— $36 
Building103 658 30
Computer equipment42,422 43,055 
3 to 5
Computer software46,631 31,451 
3 to 5
Office improvements12,251 14,349 
2 to 10
Furniture and fixtures2,555 4,373 7
103,962 93,922 
Less: accumulated depreciation
(46,813)(43,568)
$57,149 $50,354 

Depreciation expense included in depreciation and amortization expense in the consolidated statements of income and comprehensive income was approximately $12.5 million, $9.6 million and $8.0 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Repairs and maintenance expenses included in other selling, general and administrative expenses in the consolidated statements of income and comprehensive income were approximately $7.3 million, $6.1 million and $5.4 million for the years ended December 31, 2025, 2024 and 2023, respectively.