Property and equipment consist of the following:
 
 March 31,
 20262025
Buildings$1,935 $1,000 
Computers, servers and other equipment49,603 47,668 
Furniture and fixtures1,258 2,705 
Leasehold improvements6,523 6,223 
Purchased software2,841 2,577 
Construction in process95 193 
62,255 60,366 
Less: Accumulated depreciation and amortization(52,505)(52,072)
$9,750 $8,294 

Historical Timeline

Fiscal YearFiled
2026May 11, 2026Showing above
2025May 5, 2025
2024May 13, 2024
2023May 5, 2023
2022May 6, 2022
2021May 13, 2021
2020May 15, 2020
2019May 2, 2019
2018May 3, 2018
2017May 5, 2017
2016May 6, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.