PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2014

PROPERTY, PLANT AND EQUIPMENT [Abstract]

6.	PROPERTY, PLANT AND EQUIPMENT

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

	June 30,			December 31,
	2014			2013
Land	$	3,315		$	3,229
Buildings and improvements		31,156			25,216
Machinery and equipment		107,032			82,420
Construction in progress		5,291			4,042
		146,794			114,907
Accumulated depreciation		(79,743	)		(74,011	)
	$	67,051		$	40,896

At June 30, 2014, Power Solutions property, plant and equipment with a book value of $28.2 million is included in the table above.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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