PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Property, plant and equipment comprised the following at June 30, 2014 and December 31, 2013:



	June 30, 2014			December 31, 2013
Land and buildings	$	176,696		$	174,144
Machinery, fixtures and equipment	217,643			214,066
Other equipment	43,641			42,680
Software licenses	63,238			60,114
Construction in progress	7,619			11,836
Total cost	508,837			502,840
Less: Accumulated depreciation	(319,556		)	(304,548		)
Total net book value	$	189,281		$	198,292

Assets held under capital leases (included in the above)
Land and buildings	$	4,726		$	4,778
Machinery, fixtures and equipment	3,502			4,740
Total cost	8,228			9,518
Less: Accumulated depreciation	(3,026		)	(3,741		)
Total net book value	$	5,202		$	5,777

The movement in the net book value of property, plant and equipment during the six months ended June 30, 2014 and 2013 is comprised of:



	For the Six Months Ended June 30,
	2014			2013
Opening balance	$	198,292		$	206,310
Additions	9,882			9,629
Disposals	(1,214		)	(238		)
Depreciation	(17,595		)	(19,073		)
Foreign currency movements	(84		)	(4,021		)
Ending balance	$	189,281		$	192,607

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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