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, 2013

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,

	2013			2012
Land	$	1,738		$	1,800
Building and improvements		11,661			11,588
Office furniture and equipment		149,796			107,859
Leasehold improvements		17,870			20,263

		181,065			141,510
Less: Accumulated depreciation and amortization		(103,355	)		(82,712	)

Total property and equipment, net	$	77,710		$	58,798

Fixed asset depreciation expense for the years ended September 30, 2013, 2012 and 2011 was $26.3 million, $18.8 million and $15.1 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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