PIPER SANDLER COMPANIES
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
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Fixed Assets
NOTE 10| FIXED ASSETS
| December 31, | December 31, | |
|---|---|---|
| (Amounts in thousands) | 2023 | 2022 |
| Furniture and equipment | $55,534 | $53,138 |
| Leasehold improvements | 83,587 | 78,266 |
| Software | 13,027 | 12,575 |
| Total fixed assets | 152,148 | 143,979 |
| Accumulated depreciation and amortization | (91,378) | (75,759) |
| Fixed assets, net of accumulated depreciation and amortization | $60,770 | $68,220 |
For the years ended December 31, 2023, 2022 and 2021, depreciation and amortization of furniture and equipment, leasehold improvements and software totaled $17.9 million, $15.6 million and $12.6 million, respectively, and are included in occupancy and equipment expense on the consolidated statements of operations.
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