NOTE 3. Property and Equipment
As of September 30, 2003, property and equipment consisted of the following:
USPTO Property and Equipment as of September 30, 2003
(Dollars in Thousands)
Class of Fixed Asset |
Depreciation/
Amortization
Method |
Service
Life
(Years) |
Acquisition
Value |
Accumulated
Depreciation/
Amortization |
Net Book
Value |
IT Equipment |
SL |
3-5 |
$226,538 |
$182,403 |
$ 44,135 |
Software |
SL |
3-5 |
152,131 |
107,373 |
44,758 |
Software in Progress |
- |
- |
15,504 |
- |
15,504 |
Furniture |
SL |
5 |
13,607 |
10,748 |
2,859 |
Equipment |
SL |
3-5 |
10,637 |
9,428 |
1,209 |
Construction in Progress |
- |
- |
8,900 |
- |
8,900 |
 |
Total Fixed Assets |
|
|
$427,317 |
$309,952 |
$117,365 |
 |
|
As of September 30, 2002 property and equipment consisted of the following:
USPTO Property and Equipment as of September 30, 2002
(Dollars in Thousands)
Class of Fixed Asset |
Depreciation/ Amortization Method |
Service Life (Years) |
Acquisition Value |
Accumulated Depreciation/ Amortization |
Net Book Value |
IT Equipment |
SL |
3-7 |
$211,247 |
$157,861 |
$ 53,386 |
Software |
SL |
3-7 |
123,145 |
82,555 |
40,590 |
Software in Progress |
- |
- |
19,552 |
- |
19,552 |
Furniture |
SL |
5 |
14,473 |
10,413 |
4,060 |
Equipment |
SL |
3-5 |
10,136 |
8,540 |
1,596 |
 |
Total Fixed Assets |
|
|
$378,553 |
$259,369 |
$119,184 |
 |
|
|