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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]

Note 7 — Property, Plant and Equipment

 

Property, plant and equipment consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2015

 

2014
(as Restated)

 

Land

 

$

17,409

 

$

9,323

 

Buildings and leasehold improvements

 

85,767

 

63,846

 

Furniture and equipment

 

142,885

 

112,552

 

 

 

 

 

 

 

 

 

246,061

 

185,721

 

Accumulated depreciation

 

(87,086

)

(67,937

)

 

 

 

 

 

 

 

 

158,975

 

117,784

 

Construction in progress

 

20,639

 

26,412

 

 

 

 

 

 

 

 

 

$

179,614

 

$

144,196

 

 

 

 

 

 

 

 

 

 

At December 31, 2015 and 2014, property plant and equipment with a net book value of $52.6 million and $25.6 million, respectively, was located outside the United States. The growth in the comparative period was principally the result of the acquisition of the property, plant and equipment held at the previous Excelvision AG plant in Hettlingen, Switzerland.

 

Depreciation expense was $19.9 million and $14.2 million for the years ended December 31, 2015 and 2014, respectively.