Note 8 - Property and Equipment

12 Months Ended

Dec. 31, 2011

Property, Plant and Equipment [Abstract]

Property and equipment, net as of December 31, 2011 and 2010 was comprised of the following:



(In thousands)	December 31, 2011			December 31, 2010

Land and land rights	$	23,157		$	23,108
Buildings	148,323			146,604
Equipment and software	232,793			206,935
Office furniture and fixtures	23,440			22,952
Leasehold improvements	7,652			6,773
Construction in progress	5,836			3,406
Property and equipment, at cost	441,201			409,778
Accumulated depreciation and amortization	(269,480		)	(245,623		)
Property and equipment, net	$	171,721		$	164,155

Depreciation expense includes the amortization of assets recorded under capital leases. Depreciation expense was $28.9 million in 2011, $26.7 million in 2010, and $28.8 million in 2009. Depreciation and amortization expense as presented in our consolidated statements of cash flows includes the above amounts, together with amortization expense on our intangible assets. Intangible asset amortization expense was $3.0 million for 2011, and was not significant for 2010 or 2009.

Assets held under capital leases, included in Equipment and software as presented above, were not significant as of December 31, 2011 and were $5.0 million (net of accumulated amortization of $11.3 million) as of December 31, 2010. The amortization expense recognized on assets held under capital leases was $4.4 million in each 2011, 2010 and 2009.

- 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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