Property, Plant and Equipment, net

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following:

(in thousands)



	December 31,
	2014			2013
Land	$	29,390		$	29,347
Buildings and site improvements	175,058			178,391
Leasehold improvements	5,602			5,213
Machinery and equipment	228,440			225,831
	438,490			438,782
Less accumulated depreciation and amortization	(245,383		)	(235,535		)
	193,107			203,247
Capital projects in progress	13,920			6,286
	$	207,027		$	209,533

Included in property, plant and equipment at December 31, 2014 and 2013, are fully depreciated assets with an original cost of $161.1 million and $147.9 million, respectively. These fully depreciated assets are still in use in the Company’s operations. Included in machinery and equipment at December 31, 2014 and 2013, are capitalized software development costs of $1.8 million and $1.6 million, respectively, and included in capital projects in progress at December 31, 2014 and 2013, are software in development costs of $8.3 million and $0.1 million, respectively.

Depreciation expense for the years ended December 31, 2014, 2013 and 2012, was $20.4 million, $20.1 million and $19.0 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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