Property and equipment net

6 Months Ended

Jun. 30, 2011

9. Property and equipment — net

Property and equipment — net consist of the following (dollar amounts in thousands):


	Estimated
	Useful
	Life		June 30,			December 31,
	(Years)		2011			2010
Land		—	$	5,273		$	5,273
Buildings		39-40		54,948			54,948
Building improvements		5-40		113,489			113,489
Machinery and equipment		3-15		73,609			73,812
Furniture, fixtures and office equipment		5-10		5,369			5,369
Computer equipment and software		3		16,332			16,306
Leasehold improvements				53			53
Construction in progress				19,809			14,496

				288,882			283,746
Less accumulated depreciation and amortization				(88,499	)		(81,390	)

Property and equipment — net			$	200,383		$	202,356

Leasehold improvements are amortized over four years which is the shorter of the term of the lease or the service lives of the improvements.

Depreciation and amortization expense related to property and equipment for the three and six months ended June 30, 2011 and 2010 was as follows (in thousands):


	Three months ended				Six months ended
	June 30,				June 30,
	2011		2010		2011		2010
Depreciation and amortization expense	$	3,580	$	4,170	$	7,379	$	8,342

- 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.

+ References+ Details