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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment

E.    PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of the following:

 

     2015      2014  
     (in thousands)  

Land

   $ 16,561       $ 16,561   

Buildings

     108,797         108,671   

Machinery and equipment

     595,445         659,743   

Furniture and fixtures, and software

     82,612         77,566   

Leasehold improvements

     43,328         31,981   

Construction in progress

     2,630         2,508   
  

 

 

    

 

 

 
     849,373         897,030   

Less: accumulated depreciation

     575,959         567,992   
  

 

 

    

 

 

 
   $ 273,414       $ 329,038   
  

 

 

    

 

 

 

Depreciation of property, plant and equipment for the years ended December 31, 2015, 2014 and 2013 was $68.2 million, $73.4 million and $57.3 million, respectively. As of December 31, 2015 and 2014, the gross book value included in machinery and equipment for internally manufactured test systems being leased by customers was $20.4 million and $89.6 million, respectively. As of December 31, 2015 and 2014, the accumulated depreciation on these test systems was $8.5 million and $19.9 million, respectively.