PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2018

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

5.PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment is classified as follows (in thousands):

	March 31, 2018			December 31, 2017
Land	$	1,000		$	993
Building and improvements	10,967			10,678
Machinery, equipment, tools and dies	51,367			49,083
Furniture, fixtures and other	13,586			12,931
	76,920			73,685
Less accumulated depreciation	(37,545		)	(35,282		)
Property, plant and equipment, net	$	39,375		$	38,403

Depreciation expense was approximately $1,907 and $1,657 for the quarters ended March 31, 2018 and 2017, respectively.