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Property, Plant & Equipment
9 Months Ended
Sep. 30, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant & Equipment

Note 7.   Property, Plant & Equipment

 

Property, plant and equipment consisted of the following for the periods indicated (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

September 30, 2018

    

December 31, 2017

 

Land improvements

 

$

806

 

$

806

 

Building and improvements

 

 

80,206

 

 

78,785

 

Machinery and equipment

 

 

194,951

 

 

168,993

 

Furniture and fixtures

 

 

4,866

 

 

4,663

 

Computer equipment and software

 

 

9,094

 

 

8,248

 

Transportation equipment

 

 

658

 

 

718

 

 

 

 

290,581

 

 

262,213

 

Less accumulated depreciation and amortization

 

 

(87,652)

 

 

(70,194)

 

 

 

 

202,929

 

 

192,019

 

Construction in progress

 

 

18,515

 

 

4,823

 

Land

 

 

1,101

 

 

1,101

 

Total property, plant and equipment, net

 

$

222,545

 

$

197,943

 

 

For the three months ended September 30, 2018 and 2017, depreciation expense of property, plant and equipment was $7.4 million and $5.3 million, respectively. For the nine months ended September 30, 2018 and 2017, depreciation expense of property, plant and equipment was $21.4 million and $14.0 million, respectively.

 

Included in depreciation expense was $3.7 million and $3.4 million recorded as cost of sales for the three months ended September 30, 2018 and 2017, respectively. Included in depreciation expense was $11.3 million and $8.7 million recorded as cost of sales for the nine months ended September 30, 2018 and 2017, respectively.