MSCI Inc
For the period ended Dec 31, 2023. Filed Feb 9, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 9, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
8. Property, Equipment and Leasehold Improvements, Net
- PROPERTY, EQUIPMENT AND LEASEHOLD IMPROVEMENTS, NET
Property, equipment and leasehold improvements, net at December 31, 2023 and 2022 consisted of the following:
| As of | |||
|---|---|---|---|
| (in thousands) | EstimatedUseful Lives | December 31,2023 | December 31, 2022 |
| Computer & related equipment | 2 to 7 years | $192,008 | $181,710 |
| Furniture & fixtures | 7 years | 16,169 | 14,078 |
| Leasehold improvements | 1 to 21 years | 58,582 | 54,040 |
| Work-in-process | — | 897 | 2,373 |
| Subtotal | 267,656 | 252,201 | |
| Accumulated depreciation and amortization | (211,736) | (198,348) | |
| Property, equipment and leasehold improvements, net | $55,920 | $53,853 | |
Depreciation and amortization expense of property, equipment and leasehold improvements was $21.0 million, $26.9 million and $28.9 million for the years ended December 31, 2023, 2022 and 2021, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.