Property, Plant and Equipment, Net

6 Months Ended

Jan. 31, 2014

Property, Plant and Equipment, Net

6. Property, Plant and Equipment, Net

Property, plant and equipment are recorded at historical cost, net of accumulated depreciation. The following table summarizes property, plant, and equipment, net:

(in millions)	Estimated Useful Lives (Years)	As of January 31, 2014			As of July 31, 2013
Land and land improvements	N/A	$	7.5		$	7.4
Building and improvements	35 to 40		85.2			83.0
Leasehold and capital lease improvements	lesser of useful life or the lease term		10.7			10.7
Manufacturing and engineering equipment	4 to 7		92.4			89.7
Furniture, fixtures, and computer equipment	3 to 7		34.5			22.9
Motor vehicles	3 to 5		2.0			2.0
Construction in process	N/A		4.5			13.7
			236.8			229.4
Less accumulated depreciation and amortization			(125.0	)		(118.4	)
Total property, plant and equipment, net		$	111.8		$	111.0

For the three months ended January 31, 2014 and 2013, total depreciation of property, plant and equipment was $3.5 million and $3.2 million, respectively. For the six months ended January 31, 2014 and 2013, total depreciation of property, plant and equipment was $7.1 million and $6.4 million, respectively.