Property And Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consisted of the following:



(in millions)	December 31,
	2013		2012
Land	$	27.7	$	27.7
Machinery and equipment	53.0		50.9
Building and leasehold improvements	104.8		104.0
Computer and data processing equipment	61.2		56.4
Computer software	30.9		30.2
Furniture and fixtures	21.6		21.6
Construction in progress	10.9		11.9
Total property and equipment	310.1		302.7
Less accumulated depreciation	179.0		160.0
Net property and equipment	$	131.1	$	142.7

During 2013, 2012 and 2011, the Company recorded disposals of $7.9 million, $12.2 million and $10.5 million, respectively, to remove assets that were no longer in use from property and equipment. The Company recorded a pre-tax loss of $0.0 million, $0.1 million and $0.3 million in 2013, 2012 and 2011, respectively, for certain disposed assets that were not fully depreciated.

Depreciation expense for the years ended December 31, 2013, 2012 and 2011 was $27.2 million, $32.0 million and $31.3 million, 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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