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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment

F.    PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consisted of the following at December 31, 2017 and 2016:

 

     2017      2016  
     (in thousands)  

Land

   $ 16,561      $ 16,561  

Buildings

     98,369        98,031  

Machinery and equipment

     647,961        601,835  

Furniture and fixtures, and software

     88,539        82,897  

Leasehold improvements

     49,540        46,612  

Construction in progress

     13,522        3,032  
  

 

 

    

 

 

 
     914,492        848,968  

Less: accumulated depreciation

     646,045        595,147  
  

 

 

    

 

 

 
   $ 268,447      $ 253,821  
  

 

 

    

 

 

 

Depreciation of property, plant and equipment for the years ended December 31, 2017, 2016, and 2015 was $66.1 million, $64.8 million, and $68.2 million, respectively. As of December 31, 2017 and 2016, the gross book value included in machinery and equipment for internally manufactured test systems being leased by customers was $18.1 million and $19.4 million, respectively. As of December 31, 2017 and 2016, the accumulated depreciation on these test systems was $13.7 million and $10.5 million, respectively.