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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2018
Property Plant And Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

(8) PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

 

 

2018

 

 

2017

 

Building and improvements

 

$

674,682

 

 

$

663,347

 

Manufacturing and laboratory equipment

 

 

316,331

 

 

 

294,521

 

Computer hardware and software

 

 

152,010

 

 

 

144,268

 

Leasehold improvements

 

 

38,352

 

 

 

42,572

 

Furniture and equipment

 

 

30,833

 

 

 

31,515

 

Land improvements

 

 

5,977

 

 

 

5,331

 

Land

 

 

62,369

 

 

 

62,369

 

Construction-in-progress

 

 

60,582

 

 

 

59,511

 

 

 

 

1,341,136

 

 

 

1,303,434

 

Accumulated depreciation

 

 

(440,656

)

 

 

(406,734

)

Total property, plant and equipment, net

 

$

900,480

 

 

$

896,700

 

The construction-in-process balance primarily includes costs related to the Company’s significant in-process projects at its facilities in Marin County, California, and in Shanbally, Ireland.

Depreciation expense for the three and six months ended June 30, 2018 was $20.1 million and $40.1 million, respectively, of which $6.6 million and $10.5 million, respectively, was capitalized into inventory. Depreciation expense for the three and six months ended June 30, 2017 was $17.9 million and $35.4 million, respectively, of which $6.2 million and $11.8 million, respectively, was capitalized into inventory. Capitalized interest related to the Company’s property, plant and equipment purchases for each of the three and six months ended June 30, 2018 and 2017 was insignificant.