Annual report pursuant to Section 13 and 15(d)

EQUIPMENT AND PROPERTY, NET

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EQUIPMENT AND PROPERTY, NET
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
EQUIPMENT AND PROPERTY, NET EQUIPMENT AND PROPERTY, NET
Equipment and property are presented at cost less accumulated depreciation and are detailed as follows:
December 31, 2023 2022
(in thousands)
Buildings $ 51,339  $ 51,223 
Operating equipment 144,723  132,411 
Furniture and fixtures 22,035  20,389 
Computer equipment and systems 247,681  233,108 
465,778  437,131 
Less: accumulated depreciation (360,421) (333,298)
105,357  103,833 
Land 21,304  24,213 
Equipment and property, net $ 126,661  $ 128,046 
Included in computer equipment and systems at December 31, 2023 and 2022, are costs for internal use software of $153.4 million and $147.1 million, respectively. The related accumulated depreciation was $127.5 million and $117.3 million at December 31, 2023 and 2022, respectively.
Included in equipment and property, net at December 31, 2023 and 2022, are fixed assets held in foreign countries of $12.0 million, and $9.5 million, respectively.
Total depreciation expense was approximately $33.3 million in 2023, $35.6 million in 2022 and $40.6 million in 2021.