Property, Plant and Equipment, net

12 Months Ended

Dec. 31, 2013

Note 7. Property, Plant and Equipment, net

The components of property, plant and equipment are as follows:

	December 31,

	2013			2012
	(in thousands)
Land and buildings	$	79,076		$	78,954
Machinery and equipment		7,774			7,118
Construction in process		356			455


Total cost		87,206			86,527
Accumulated depreciation		(55,200	)		(52,114	)


Property, plant and equipment, net	$	32,006		$	34,413

Depreciation expense was $3.2 million, $3.3 million, and $3.5 million, for the years ended December 31, 2013, 2012, and 2011, respectively.

- 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.

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