Property, Plant & Equipment

3 Months Ended

Mar. 31, 2012

Property, Plant & Equipment [Abstract]

6. Property, Plant & Equipment

The following is a summary of the Company's property, plant and equipment balances (in thousands of dollars):

	March 31,			December 31,
	2012			2011

Land	$	27,898		$	28,021
Land improvements		17,411			17,376
Buildings		227,735			212,428
Machinery and equipment		324,490			310,352
Furniture and fixtures		9,128			9,144
Computer equipment and software		38,614			36,942
Total property, plant and equipment		645,276			614,263
Less accumulated depreciation		(274,105	)		(267,833	)
Total property, plant and equipment, net	$	371,171		$	346,430

Depreciation expense related to property, plant and equipment was $7.2 million and $5.1 million for the three months ended March 31, 2012 and 2011, respectively.

- 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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