XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Property, Plant and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2017
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment | PROPERTY, PLANT AND EQUIPMENT
| As of December 31,
(Dollars in thousands) | 2017 |  | 2016
Land | $ | 14,620 |  |  | $ | 15,855 |
Buildings and improvements | 135,191 |  |  | 138,493 |
Machinery and equipment | 238,000 |  |  | 220,238 |
Office equipment | 56,554 |  |  | 54,013 |
| 444,365 |  |  | 428,599 |
Accumulated depreciation | (289,909 | ) |  | (259,178 | )
Property, plant and equipment, net | 154,456 |  |  | 169,421 |
Equipment in process | 25,155 |  |  | 7,495 |
Total property, plant and equipment, net | $ | 179,611 |  |  | $ | 176,916 |
Depreciation expense was $29.3 million in 2017, $26.6 million in 2016 and $23.2 million in 2015. In the first quarter of 2017, we completed the planned sale of a parcel of land in Belgium that had been classified as held for sale as of December 31, 2016 and recognized a gain on sale of approximately $0.9 million in operating income. In the second quarter of 2017, we began actively marketing for sale unutilized property in the United States consisting of a building and an adjacent parcel of land with a net book value of $0.9 million. The asset is no longer being depreciated and is classified as held for sale as of December 31, 2017. In the third quarter of 2017, we completed the sale of a facility located in Belgium and recognized a gain on sale of approximately $4.4 million in operating income.

X
- References No definition available. + Details
Name: | us-gaap_PropertyPlantAndEquipmentAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
Name: | us-gaap_PropertyPlantAndEquipmentDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration