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, 2011

Property and Equipment

Property and Equipment

7. Property and Equipment

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

	As of September 30,
	2011			2010
Land	$	1,800		$	1,800
Building and improvements	11,485			11,393
Office furniture and equipment	94,558			97,714
Leasehold improvements	9,798			4,833
	117,641			115,740
Less: Accumulated depreciation and amortization	(65,901		)	(66,867		)
Total property and equipment, net	$	51,740		$	48,873

Fixed asset depreciation expense for the years ended September 30, 2011, 2010 and 2009 was $15.1 million, $12.9 million and $8.9 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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