Maximus, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property & Equipment

Property & Equipment

9 Months Ended

Jun. 30, 2012

Property & Equipment

Property & Equipment

8. Property & Equipment

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

	June 30, 2012			September 30, 2011
Land	$	1,800		$	1,800
Building and improvements	11,533			11,485
Office furniture and equipment	109,176			94,558
Leasehold improvements	12,153			9,798
Property and equipment, gross	134,662			117,641
Less: Accumulated depreciation and amortization	(77,435		)	(65,901		)
Total property and equipment, net	$	57,227		$	51,740

- 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.

+ References + Details