Property, Plant, and Equipment

6 Months Ended

Jun. 30, 2011

Property, Plant, and Equipment [Abstract]


(5)	Property, Plant, and Equipment

A summary of costs for property, plant, and equipment is as follows:


	June 30,			December 31,
	2011			2010
	(in thousands)

Land and improvements	$	19,819		$	19,228
Buildings		27,087			25,663
Machinery and equipment		1,366,202			1,363,877
Automotive equipment		11,396			8,747
Furniture and fixtures		9,703			9,279
Leasehold improvements		1,361			1,253
Construction in progress		59,260			42,674

		1,494,828			1,470,721
Accumulated depreciation		(433,486	)		(389,409	)

	$	1,061,342		$	1,081,312

Capitalized interest recognized as a reduction in interest expense for the three months ended June 30, 2011 and 2010 totaled approximately $0.8 million in both periods. Capitalized interest recognized as a reduction in interest expense for the six months ended June 30, 2011 and 2010, totaled approximately $0.9 million and $1.6 million, respectively. Buildings and equipment that are under a capital lease obligation approximated $0.3 million as of June 30, 2011. Amortization of assets held under capital leases is included in depreciation expense.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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