Property, Plant And Equipment

3 Months Ended

May 31, 2012

Property, Plant And Equipment [Abstract]

Property, plant and equipment are stated at cost, net of accumulated depreciation and amortization, as follows:


	May 31,		May 31,		August 31,
$ in thousands	2012		2011		2011
Operating property, plant and equipment:
Land	$	2,534	$	2,858	$	2,859
Buildings		28,496		29,292		29,372
Equipment		73,321		69,346		71,942
Other		8,834		6,018		5,521
Total operating property, plant and equipment		113,185		107,514		109,694
Accumulated depreciation		(68,944)		(64,374)		(65,083)
Total operating property, plant and equipment, net		44,241		43,140		44,611

Property held for lease:
Machines		3,925		3,905		3,907
Barriers		17,398		17,997		18,198
Total property held for lease		21,323		21,902		22,105
Accumulated depreciation		(9,421)		(7,763)		(8,251)
Total property held for lease, net		11,902		14,139		13,854
Property, plant and equipment, net	$	56,143	$	57,279	$	58,465

Depreciation expense was $2.4 million and $2.2 million for the three months ended May 31, 2012 and 2011, respectively, and $7.2 million and $6.7 million for the nine months ended May 31, 2012 and 2011, respectively.

- 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.

+ References+ Details