Maximus, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property and equipment

Property and equipment

12 Months Ended

Sep. 30, 2014

Property and equipment

Property and equipment

8. Property and equipment

Property and equipment, at cost, consists of the following (in thousands):

	As of September 30,
	2014			2013
Land	$	1,738		$	1,738
Building and improvements		11,707			11,661
Office furniture and equipment		177,939			149,796
Leasehold improvements		23,124			17,870

		214,508			181,065
Less: Accumulated depreciation and amortization		(134,262	)		(103,355	)

Total property and equipment, net	$	80,246		$	77,710

Fixed asset depreciation expense for the years ended September 30, 2014, 2013 and 2012 was $32.9 million, $26.3 million and $18.8 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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