Property and Equipment

12 Months Ended

Dec. 31, 2015

Property and Equipment [Abstract]

Property and Equipment

7. Property and Equipment

Property and equipment consist of the following:

	December 31
	2015			2014
Land	$	12,628		$	14,024
Building and land improvements		132,353			146,266
Manufacturing and office equipment		214,545			235,623
Aviation equipment		14,151			13,698
Less accumulated depreciation		(203,471	)		(222,001	)
Total	$	170,206		$	187,610

Depreciation expense was $20,744, $21,343 and $20,966 for the years ended December 31, 2015, 2014 and 2013, respectively.

In October 2015, the Company recorded the sale of its Astec Underground facility for a net sales price of $9,599. The cost of closing the facility totaled $1,500, with $999 recorded in cost of sales and $501 in selling, general and administrative expenses in the year ended December 31, 2015.