Property, Plant and Equipment, Net

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

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


	March 31, 2020		December 31, 2019
Land and land improvements	$	17,653	$	17,701
Buildings and leasehold improvements	137,416		136,044
Furniture and equipment	261,686		258,933
Sub-total	416,755		412,678
Accumulated depreciation	(184,874)		(177,312)
Property, plant and equipment in service, net	$	231,881	$	235,366
Construction in progress	62,618		60,167
Property, plant and equipment, net	$	294,499	$	295,533

At March 31, 2020 and December 31, 2019, property, plant and equipment, net of $74.3 million and $72.5 million, respectively, was located outside the United States.

At March 31, 2020, the Company had $62.6 million of assets under construction which consisted primarily of manufacturing facility expansion and improvement projects. 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, 2020, the Company recorded no impairment losses compared to $8.9 million for the three month period ended March 31, 2019. The $8.9 million impairment was a result of the Company's decision to explore strategic alternatives to exit the India manufacturing facility in the first quarter of 2019. The remaining net book value of the India manufacturing facility is $24.0 million, of which $19.6 million is related to property, plant and equipment, net. As the Company continues to explore strategic alternatives there may be additional impairment in future periods.

The Company recorded depreciation expense of $7.7 million and $7.6 million during the three month periods ended March 31, 2020 and 2019, respectively.