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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 13. Property, Plant and Equipment

 

Property, plant and equipment, at cost, consisted of the following (in thousands):

 

    December 31,  
    2018     2017  
Land   $ 26,652     $ 68,562  
Buildings and leasehold improvements     203,920       205,534  
Machinery and equipment     448,276       466,325  
      678,848       740,421  
Less: Accumulated depreciation     (391,177 )     (367,954 )
Total property, plant and equipment, net   $ 287,671     $ 372,467  

  

In the fourth quarter of 2018, the Company completed the sale of land, building and certain manufacturing equipment related to its factory in Taiwan, for an aggregate consideration of $75.9 million. The Company recorded a ($13.3) million gain which is reported in the Consolidated Statement of Operations under the caption “Integration, acquisition, restructuring and other costs, net".