Property and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consisted of the following at December 31 (in thousands):



	Estimated Useful Life	2014			2013
Land	N/A	$	2,900		$	2,900
Building and leasehold improvements	39 years	14,302			13,922
Production equipment	3-7 years	18,443			18,047
Computer equipment	3-5 years	7,209			7,789
Furniture and office equipment	5-7 years	3,066			2,646
Vehicles	5 years	270			270
Website development costs	3 years	601			601
Capitalized software development costs	3 years	3,670			3,670
Construction-in-process	N/A	968			576
Total cost		51,429			50,421
Less: Accumulated depreciation		(33,906		)	(31,378		)
Property and equipment, net		$	17,523		$	19,043

During the years ended December 31, 2014, 2013 and 2012 the Company recognized a net (loss) gain of approximately $(17,000), $27,000 and $(0.2) million, respectively, for write-down and disposal of property and equipment.

Depreciation and amortization expense relative to property and equipment, including equipment under capital lease, was $4.0 million, $4.8 million and $6.3 million for the years ended December 31, 2014, 2013 and 2012, respectively, of which $2.8 million, $3.7 million and $4.7 million is included in cost of products sold and services provided for the respective years.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details