PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2012

PROPERTY, PLANT AND EQUIPMENT [Abstract]

NOTE 7 - PROPERTY, PLANT AND EQUIPMENT

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


	MARCH 31,			DECEMBER 31,
	2012			2011
Land	$	3,975		$	396
Buildings and leasehold improvements		24,675			20,337
Furniture and equipment		55,044			50,833
Sub-total		83,694			71,566
Accumulated depreciation		(44,007	)		(43,060	)
Property, plant and equipment placed in service, net		39,687			28,506

Construction in progress		33,183			15,883
Property, plant and equipment, net	$	72,870		$	44,389

Property, plant and equipment as of March 31, 2012 includes assets acquired through the Kilitch Acquisition in India, completed on February 28, 2012. The increases in property, plant and equipment placed in service, net, is primarily related to the Kilitch Acquisition. Of the increase in construction in progress, approximately $13.7 million was related to the Kilitch Acquisition, while the remaining $3.6 million was related to construction projects at the Company's domestic production facilities. See Note 13, Business Combinations, for further discussion of the Kilitch Acquisition.

- 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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