Note 6 - Property and Equipment

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

6 . PROPERTY AND EQUIPMENT:

Property and equipment, net consists of the following (in thousands):

	December 31,
	2018			2017
Land and improvements	$	22,940		$	20,185
Buildings		40,477			30,301
Machinery and equipment		112,884			100,438
Equipment under capital lease		1,683			1,171
		177,984			152,095
Less accumulated depreciation and amortization		(76,861	)		(74,311	)
		101,123			77,784
Construction in progress		2,324			972
Property and equipment, net	$	103,447		$	78,756

Accumulated amortization associated with equipment under capital lease was

$0.9

 million and

$0.5

 million as of

December 

31,

2018

and

2017,

respectively.

All property and equipment is located in the United States, except for

$21.6

 million and

$3.8

 million of property and equipment which is located in Mexico as of

December 

31,

2018

and

2017,

respectively.

In

December 2018,

the Company sold its Monterrey, Mexico facility for net proceeds of

$2.7

 million, resulting in a gain of

$0.2

 million. In

August 2018,

the Company sold property in Houston, Texas for net proceeds of

$5.8

million, resulting in a gain of

$2.8

million.

In

October 2016,

the Company sold its Denver, Colorado facility for net proceeds of

$13.9

 million, resulting in a gain of

$7.9

 million. Under the terms of the sale, the Company leased the property through

March 

1,

2017,

in order to conclude production at the facility, complete final shipments and transfer certain equipment assets to other Company facilities.