Property, Plant and Equipment, Net

3 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

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



	March 31, 2019			December 31, 2018
Land and land improvements	$	17,516		$	17,608
Buildings and leasehold improvements	138,526			138,126
Furniture and equipment	244,178			240,080
Sub-total	400,220			395,814
Accumulated depreciation	(166,300		)	(158,824		)
Property, plant and equipment in service, net	$	233,920		$	236,990
Construction in progress	92,050			97,863
Property, plant and equipment, net	$	325,970		$	334,853

At March 31, 2019 and December 31, 2018, property, plant and equipment, net, with a net carrying value of $94.0 million and $91.9 million, respectively, was located outside the United States.

At March 31, 2019, the Company had $92.1 million of assets under construction which consisted primarily of investment in equipment, and compliance with the Drug Supply Chain Security Act ("DSCSA"). Depreciation will begin on these assets once they are placed into service. The Company assesses its long-lived assets, consisting primarily of property and equipment, for impairment when material events and changes in circumstances indicate that the carrying value may not be recoverable. During the three month period ended March 31, 2019, the Company recorded impairment losses of $8.9 million, as a result of the Company announcing that it was exploring strategic alternatives to exit the India manufacturing facility. No impairment losses were recorded during three month period ended March 31, 2018.

The Company recorded depreciation expense of $7.6 million and $7.1 million during the three month periods ended March 31, 2019 and 2018, respectively.