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Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment, net.  
Property, Plant and Equipment, net

 

Note 8. Property, Plant and Equipment, net

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

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

 

 

(in thousands)

 

Land and buildings

 

$

80,491

 

$

78,757

 

Machinery and equipment

 

 

11,080

 

 

8,370

 

Construction in process

 

 

1,451

 

 

370

 

​  

​  

​  

​  

Total cost

 

 

93,022

 

 

87,497

 

Accumulated depreciation

 

 

(62,991

)

 

(57,033

)

​  

​  

​  

​  

Property, plant and equipment, net

 

$

30,031

 

$

30,464

 

​  

​  

​  

​  

​  

​  

​  

​  

        Depreciation expense was $2.4 million, $2.4 million and $3.2 million, for the years ended December 31, 2015, 2014 and 2013, respectively. See Note 3 for additional discussion regarding the sale of corporate headquarters and related sale leaseback.