XML 18 R14.htm IDEA: XBRL DOCUMENT v3.20.1
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, plant and equipment are comprised of the following amounts:
 
 
As of December 31,
2019
 
2018
Property, plant and equipment
 
 
 
 
Land and buildings
 
$
80,647

 
$
69,455

Machinery and equipment
 
433,016

 
401,729

Construction in progress
 
38,829

 
35,122

Total
 
552,492

 
506,306

Less: Accumulated depreciation
 
177,979

 
145,278

Property, plant and equipment, net
 
$
374,513

 
$
361,028


We monitor property, plant and equipment for any indicators of potential impairment. We recognized an impairment charge of $0.6 million and $5.2 million for the years ended December 31, 2019 and 2018, respectively, related to the early retirement of identified fixed assets. The impairment charge was recorded to the “Other operating (income) expense, net,” line item on the Consolidated Statements of Operations and Comprehensive Income (Loss). The impairment charge was determined by writing the assets down to the estimated salvage value, less disposal costs. We recorded no impairment charge for the year ended December 31, 2017.
For the years ended December 31, 2019, 2018, and 2017, we recorded depreciation expense of $44.8 million, $38.6 million, and $28.9 million, respectively.