Property, Plant and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment [Abstract]

5 Property, Plant and Equipment

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

		December 31,
		2013		2012
Land and land improvements		$	37,156	$	35,734
Buildings and leasehold improvements			205,638		196,554
Production and other equipment			336,135		317,285
Construction in progress			80,420		37,750
	Total property, plant and equipment		659,349		587,323
Less: accumulated depreciation and amortization			(334,417)		(314,044)
	Property, plant and equipment, net	$	324,932	$	273,279

During 2013, 2012 and 2011, the Company retired and disposed of approximately $19 million, $6 million and $6 million of property, plant and equipment, respectively, most of which was fully depreciated and no longer in use. Gains and losses on disposal were immaterial.

- 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.

+ References+ Details