TopBuild Corp. Annual report pursuant to Section 13 and 15(d)

Property and Equipment

12 Months Ended

Dec. 31, 2017

3. PROPERTY & EQUIPMENT

The following table sets forth our property and equipment by class as of December 31, 2017 and 2016, in thousands:


	As of December 31,
	2017		2016
Land and improvements	$	7,846	$	7,907
Buildings		40,515		38,865
Equipment		96,580		88,472
Computer hardware and software		125,984		123,725
Company vehicles		41,298		34,668
		312,223		293,637
Less: Accumulated depreciation		(205,102)		(200,877)
Total property and equipment, net	$	107,121	$	92,760

Depreciation expense was $13.5 million, $11.2 million, and $11.1 million for the years ended December 31, 2017, 2016, and 2015, respectively.