Revenue Equipment On Operating Lease And Property, Plant, And Equipment

12 Months Ended

Dec. 25, 2011

Revenue Equipment On Operating Lease And Property, Plant, And Equipment [Abstract]

Revenue Equipment On Operating Lease And Property, Plant, And Equipment

Note 4. REVENUE EQUIPMENT ON OPERATING LEASE AND PROPERTY, PLANT, AND EQUIPMENT

The major classes are:

(amounts in thousands)	December 25, 2011	December 26, 2010
Revenue equipment on operating lease
Equipment rented to customers	$ 3,732	$ 7,389
Accumulated depreciation	(1,812)	(5,049)
Total revenue equipment on operating lease	$ 1,920	$ 2,340

Property, plant, and equipment
Land	$ 9,862	$ 10,416
Buildings	74,402	69,145
Machinery and equipment	204,215	168,253
Leasehold improvements	15,003	17,754
Construction in progress	10,282	15,222
	313,764	280,790
Accumulated depreciation	(181,603)	(159,532)
Total property, plant, and equipment	$ 132,161	$ 121,258

Property, plant, and equipment under capital lease had gross values of $2.2 million and $2.1 million and accumulated depreciation of $1.5 million and $1.5 million, as of December 25, 2011 and December 26, 2010, respectively.

Included in property, plant, and equipment as of December 25, 2011, is the impact of asset impairment adjustments of $7.8 million related to our restructuring activities.

Depreciation expense on our revenue equipment on operating lease and property, plant, and equipment was $24.5 million, $21.2 million, and $18.8 million, for 2011, 2010, and 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References+ Details