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Property, Plant, and Equipment
9 Months Ended
Sep. 30, 2016
Property, Plant, and Equipment  
Property, Plant, and Equipment

11.  Property, Plant, and Equipment

 

Property, plant, and equipment consist of the following:

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

2016

 

2015

 

 

 

(in thousands)

 

Buildings

    

$

84,533

    

$

82,309

 

Leasehold improvements

 

 

24,638

 

 

23,392

 

Land

 

 

6,926

 

 

6,895

 

Machinery and equipment

 

 

110,371

 

 

108,442

 

Furniture, fixtures, and automobiles

 

 

14,978

 

 

13,439

 

Construction in progress

 

 

29,955

 

 

19,942

 

Total property, plant, and equipment

 

 

271,401

 

 

254,419

 

Less accumulated depreciation

 

 

(119,449)

 

 

(112,258)

 

Total property, plant, and equipment, net

 

$

151,952

 

$

142,161

 

 

As of September 30, 2016, the Company had $2.6 million in capitalized manufacturing equipment that is intended to be used specifically for the manufacture of Primatene® Mist. The Company will continue to monitor developments with the FDA as it relates to its Primatene® indefinite lived intangible asset in determining if there is an impairment of these related fixed assets (see Note 9).