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Property, Plant and Equipment, Net
3 Months Ended
Mar. 31, 2017
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, Net

(4) Property, Plant and Equipment, Net

Property, plant and equipment consist of the following:

 

 

 

March 31,

 

 

December 31,

 

 

Useful

 

 

 

2017

 

 

2016

 

 

life

 

 

 

(In thousands)

 

 

 

 

 

Construction in progress

 

$

11,216

 

 

$

11,139

 

 

 

 

Buildings

 

 

23,929

 

 

 

23,901

 

 

30 years

 

Machinery and equipment

 

 

114,370

 

 

 

113,659

 

 

3-10 years

 

Computer equipment and software

 

 

7,817

 

 

 

7,679

 

 

3 years

 

Total

 

 

157,332

 

 

 

156,378

 

 

 

 

 

Accumulated depreciation

 

 

(74,613

)

 

 

(71,984

)

 

 

 

 

Property, plant and equipment, net

 

$

82,719

 

 

$

84,394

 

 

 

 

 

 

Depreciation expense was $2.7 million and $2.4 million for the three months ended March 31, 2017 and 2016, respectively.

Construction in progress totaled $11.2 million and $11.1 million at March 31, 2017 and December 31, 2016, respectively, which included engineering designs and other pre-construction costs for the planned manufacturing facility in Statesboro, Georgia of $7.2 million at March 31, 2017 and December 31, 2016.