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, 2012

Property and equipment

Property and equipment

8. Property and equipment

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

	As of September 30,
	2012			2011
Land	$	1,800		$	1,800
Building and improvements	11,588			11,485
Office furniture and equipment	107,859			94,558
Leasehold improvements	20,263			9,798
	141,510			117,641
Less: Accumulated depreciation and amortization	(82,712		)	(65,901		)
Total property and equipment, net	$	58,798		$	51,740

Fixed asset depreciation expense for the years ended September 30, 2012, 2011 and 2010 was $18.8 million, $15.1 million and $12.9 million respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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