Property, Plant and Equipment

3 Months Ended

Mar. 31, 2015

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following (in thousands):



	Life	March 31, 2015			December 31, 2014
Machinery and equipment	5 years	$	190,006		$	189,335
Land	—	8,101			8,101
Buildings and improvements	*	54,517			54,483
Computer equipment and software	3 years	11,158			11,094
Office furniture and fixtures	5 years	1,534			1,528
		265,316			264,541
Accumulated depreciation		(206,766		)	(204,088		)
Total property, plant and equipment, net		$	58,550		$	60,453

__________

* Buildings are depreciated over 10 years to 30 years. Leasehold improvements are depreciated over the shorter of the useful life or respective lease terms.

Depreciation expense for the three months ended March 31, 2015 and 2014 was $2.8 million and $2.7 million, respectively.

- 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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