Note 4 - Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

The major components of property, plant and equipment were as follows:



(amounts in millions)	December 31, 2014			December 31, 2013
Land and leasehold improvements	$	36.6		$	29.9
Buildings and improvements	51.1			38.9
Machinery, equipment, fixtures and software	101.2			63.5
	188.9			132.3
Less: accumulated depreciation	(18.1		)	(3.9		)
	170.8			128.4
Construction in process	4.2			7.8
Property, plant and equipment, net	$	175.0		$	136.2

For the year ended December 31, 2014, the Company recorded depreciation expense of $19.3 million. For the Successor and Predecessor 2013 Periods, the Company and the Predecessor recorded depreciation expense of $3.9 million and $10.5 million, respectively. For the year ended December 31, 2012, the Predecessor recorded depreciation expense of $15.1 million.

- 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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