NetSpend 2014 Annual Report Download - page 61

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Estimated future amortization expense of licensed computer software, software development costs and
acquisition technology intangibles as of December 31, 2014 for the next five years is:
(in thousands)
Licensed
Computer
Software
Software
Development
Costs
Acquisition
Technology
Intangibles
2015 ......................................................... $41,956 25,334 16,670
2016 ......................................................... 31,960 18,919 15,202
2017 ......................................................... 21,326 13,770 13,718
2018 ......................................................... 11,017 7,689 11,243
2019 ......................................................... 6,097 1,568 11,243
Note 10 Property and Equipment, net
Property and equipment balances as of December 31, 2014 and 2013 are as follows:
(in thousands) 2014 2013
Computer and other equipment ................................................. $317,862 261,937
Buildings and improvements .................................................... 243,211 241,675
Furniture and other equipment .................................................. 135,741 129,799
Land ........................................................................ 16,763 17,021
Other ....................................................................... 204 989
Total property and equipment ................................................. 713,781 651,421
Less accumulated depreciation and amortization ................................... 423,196 391,453
Property and equipment, net .................................................... $290,585 259,968
Depreciation and amortization expense includes amounts for computer equipment, furniture, and other
equipment acquired under capital lease. Depreciation and amortization expense related to property and
equipment was $53.5 million, $45.5 million and $43.4 million for the years ended December 31, 2014, 2013 and
2012, respectively.
The company held the following property and equipment under capital lease as of December 31, 2014 and 2013:
2014
(in thousands) Gross Accumulated
Amortization Net
Computer and other equipment ................................... $ 38,193 (29,816) $ 8,377
Furniture and other equipment .................................... 5,374 (1,666) 3,708
Total ......................................................... $ 43,567 (31,482) $12,085
2013
(in thousands) Gross Accumulated
Amortization Net
Computer and other equipment .................................... $35,335 (22,101) $13,234
Furniture and other equipment ..................................... 2,382 (931) 1,451
Total ......................................................... $37,717 (23,032) $14,685
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