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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

11. Property, Plant and Equipment

 

The table below sets forth the reclassification and components of property, plant and equipment as of December 31, 2017 and 2016:

 

 

(in thousands)   2017   2016   Estimated useful life
             
Land and land improvements   $14,853     $13,339     25 years for improvements
                 
Buildings   230,987     214,086     25 to 40 years
                 
Building under capital lease   8,140     8,140     7 years
                 
Machinery and equipment   950,519     842,921     5 to 15 years
                 
Furniture and fixtures   8,861     7,632     5 years
                 
Computer and other equipment   15,610     15,264     3 to 10 years
                 
Software   57,847     54,212     5 to 8 years
                 
Capital expenditures in progress   63,951     66,900      
                 
Property, plant and equipment, gross   1,350,768     1,222,494      
                 
Accumulated depreciation and amortization   (896,466 )   (799,930 )    
                 
Property, plant and equipment, net   $454,302     $422,564      

 

Depreciation expense was $61.5 million in 2017, $58.1 million in 2016, and $53.0 million in 2015. Software amortization is recorded in Selling, general, and administrative expense and was $3.6 million in 2017, $4.0 million in 2016, and $6.5 million in 2015. We include amortization of the capital lease in depreciation expense. Accumulated amortization of the capital lease was $2.4 million and $0.9 million as of December 31, 2017 and 2016, respectively.

 

 

Capital expenditures, including purchased software, were $87.6 million in 2017, $73.5 million in 2016, and $50.6 million in 2015. Unamortized software cost was $7.6 million and $7.2 million as of December 31, 2017 and 2016, respectively. Expenditures for maintenance and repairs are charged to income as incurred and amounted to $19.1 million in 2017, $16.6 million in 2016, and $16.6 million in 2015.