Property and equipment consisted of the following at March 31, 2026 and December 31, 2025 (in thousands):


	March 31, 2026			December 31, 2025			Useful Life (years)
Buildings and leasehold improvements	$	123,040		$	118,945		1-15
Furniture and equipment		88,663			88,011		3-10
Computer systems and equipment		196,401			181,595		3-10
Construction equipment		15,730			15,739		5-7
Construction in progress		39,064			51,070
		462,898			455,360
Accumulated depreciation		(308,312	)		(304,299	)
Property and equipment, net	$	154,586		$	151,061

Depreciation expense for the three months ended March 31, 2026 and March 31, 2025 was $10.2 million and $9.1 million, respectively.