PIPER SANDLER COMPANIES
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
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Fixed Assets
NOTE 10| FIXED ASSETS
| December 31, | December 31, | |
|---|---|---|
| (Amounts in thousands) | 2024 | 2023 |
| Furniture and equipment | $62,908 | $55,534 |
| Leasehold improvements | 89,519 | 83,587 |
| Software | 13,917 | 13,027 |
| Total fixed assets | 166,344 | 152,148 |
| Accumulated depreciation and amortization | (106,944) | (91,378) |
| Fixed assets, net of accumulated depreciation and amortization | $59,400 | $60,770 |
For the years ended December 31, 2024, 2023 and 2022, depreciation and amortization of furniture and equipment, leasehold improvements and software totaled $16.8 million, $17.9 million and $15.6 million, respectively, and are included in occupancy and equipment expense on the consolidated statements of operations.
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