Annual report pursuant to Section 13 and 15(d)

EQUIPMENT AND PROPERTY

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EQUIPMENT AND PROPERTY
12 Months Ended
Dec. 31, 2021
EQUIPMENT AND PROPERTY  
EQUIPMENT AND PROPERTY

6.     EQUIPMENT AND PROPERTY

Equipment and property are presented at cost less accumulated depreciation and are detailed as follows:

December 31, 

    

2021

    

2020

(in thousands)

 

  

 

  

Buildings

$

54,935

$

91,453

Operating equipment

 

126,732

 

116,791

Furniture and fixtures

 

19,261

 

19,860

Computer equipment and systems

 

223,648

 

212,010

 

424,576

 

440,114

Less: accumulated depreciation

 

(315,891)

 

(294,226)

 

108,685

 

145,888

Land

 

24,572

 

32,164

Net equipment and property

$

133,257

$

178,052

Included in computer equipment and systems at December 31, 2021 and 2020, are costs for internal use software of $143.5 million and $137.9 million, respectively. The related accumulated depreciation was $105.3 million and $89.4 million at December 31, 2021 and 2020, respectively.

Included in equipment and property, net at December 31, 2021 and 2020, are fixed assets held in foreign countries of $8.4 million, and $8.5 million, respectively.

Total depreciation expense was approximately $40.6 million in 2021, $40.6 million in 2020 and $36.6 million in 2019.