Property, Plant & Equipment

9 Months Ended

Sep. 30, 2011

Property, Plant & Equipment [Abstract]

7. Property, Plant & Equipment

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

	September 30,			December 31,
	2011			2010

Land	$	19,880		$	19,775
Land improvements		10,322			10,449
Buildings		158,380			106,199
Machinery and equipment		302,322			289,579
Furniture and fixtures		6,833			6,839
Computer equipment and software		32,517			23,407
Total property, plant and equipment		530,254			456,248
Less accumulated depreciation		(264,050	)		(252,531	)
Total property, plant and equipment, net	$	266,204		$	203,717

Depreciation expense related to property, plant and equipment was $5.5 million and $4.9 million for the three months ended September 30, 2011 and 2010, respectively and was $15.8 million and $14.2 million for the nine months ended September 30, 2011 and 2010, 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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