Land, Buildings And Equipment

12 Months Ended

Dec. 31, 2011

Land, Buildings And Equipment [Abstract]

4. Land, Buildings and Equipment

Land, buildings and equipment consist of the following at December 31, 2011 and 2010:




(In thousands)	2011		2010
Land	$	100,748	$	107,906
Buildings and improvements	517,691		512,826
Equipment	223,548		222,606
Total	841,987		843,338
Less accumulated depreciation and amortization	481,841		459,941
Net land, buildings and equipment	$	360,146	$	383,397

Depreciation expense of $34.5 million, $35.1 million and $37.0 million for 2011, 2010 and 2009, respectively, was included in occupancy expense and equipment expense in the consolidated income statements. Repairs and maintenance expense of $17.7 million, $18.5 million and $18.6 million for 2011, 2010 and 2009, respectively, was included in occupancy expense and equipment expense. Interest expense capitalized on construction projects in the past three years has not been significant.

- 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.

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