XML 21 R13.htm IDEA: XBRL DOCUMENT v3.20.1
Property, Plant, and Equipment, Net
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment, Net
Property, Plant, and Equipment, Net
Property, plant, and equipment, net were as follows:  
 
December 31,
(In thousands)
2019
 
2018
Buildings
$
18,570

 
$
18,799

Machinery and equipment
94,274

 
87,700

Tooling
32,267

 
29,575

Leasehold and building improvements
37,527

 
34,486

Software
25,910

 
25,406

Furniture and fixtures
3,905

 
2,572

Computer equipment
9,935

 
8,551

 
222,388

 
207,089

Accumulated depreciation
(135,254
)
 
(116,805
)
 
87,134

 
90,284

Construction in progress
3,598

 
5,556

Total property, plant, and equipment, net
$
90,732

 
$
95,840


Depreciation expense was $24.7 million, $26.4 million and $24.4 million for the years ended December 31, 2019, 2018, and 2017, respectively.
The net book value of property, plant and equipment located within the PRC was $61.7 million and $76.4 million on December 31, 2019 and 2018, respectively. The net book value of property, plant and equipment located in Mexico was $13.6 million and $3.3 million on December 31, 2019 and 2018, respectively.
During the year ended December 31, 2018, we incurred $2.9 million in impairment on tooling and equipment as a result of the transition of manufacturing operations between our PRC-based manufacturing facilities following the closure of our Guangzhou factory, which was sold in 2018. We incurred an additional $0.1 million and $2.0 million of impairment on factory equipment during the years ended December 31, 2019 and 2018, respectively, as a result of the transition of certain manufacturing operations out of the PRC in response to tariffs enacted in the U.S. in 2018 on certain products manufactured in the PRC and imported into the U.S. These impairment charges, aggregating to $0.1 million and $4.9 million, are recorded within cost of goods sold for the year ended December 31, 2019 and 2018, respectively.
Construction in progress was as follows:
 
December 31,
(In thousands)
2019
 
2018
Machinery and equipment
1,428

 
2,444

Tooling
759

 
1,581

Leasehold and building improvements
574

 
675

Software
518

 
352

Other
319

 
504

Total construction in progress
$
3,598

 
$
5,556


We expect that most of the assets under construction will be placed into service during the first six months of 2020. We will begin to depreciate the cost of these assets under construction once they are placed into service.
Long-lived tangible assets by geographic area were as follows: 
 
December 31,
(In thousands)
2019
 
2018
United States
$
13,016

 
$
14,504

People's Republic of China
62,148

 
79,382

Mexico
13,673

 
3,362

All other countries
4,058

 
3,207

Total long-lived tangible assets
$
92,895

 
$
100,455