Annual report pursuant to Section 13 and 15(d)

Property and Equipment, Net

v3.7.0.1
Property and Equipment, Net
 12 Months Ended
Apr. 30, 2017
Property and Equipment, Net

9. Property and Equipment, Net

Property and equipment include the following:

 

     April 30,  
     2017     2016  
     (in thousands)  

Computer equipment and software (1)

    $         160,399     $         148,769  

Leasehold improvements

      75,921       59,858  

Furniture and fixtures

      39,848       43,069  

Automobiles

      1,956       2,103  
  

 

 

    

 

 

  
     278,124       253,799  

Less: accumulated depreciation and amortization

      (168,557 )      (158,363 ) 
  

 

 

    

 

 

  

Property and equipment, net

    $ 109,567     $ 95,436  
  

 

 

    

 

 

  

 

(1) Depreciation expense for capitalized software was $12.6 million, $11.3 million and $9.0 million during fiscal 2017, 2016 and 2015, respectively. The net book value of the Company’s computer software costs included in property and equipment, net was $33.2 million and $32.3 million as of April 30, 2017 and 2016, respectively.

Depreciation expense for property and equipment was $31.9 million, $24.5 million and $19.4 million during fiscal 2017, 2016 and 2015, respectively.