Property And Equipment

12 Months Ended

Dec. 31, 2011

4.	PROPERTY AND EQUIPMENT:

Property and equipment consists of the following (in thousands):


	December 31,
	2011			2010
Land and improvements	$	20,101		$	19,346
Buildings		41,319			40,486
Machinery and equipment		147,814			152,596
Equipment under capital lease		21,310			19,481
Construction in progress		9,210			1,219

		239,754			233,128
Less accumulated depreciation and amortization		(86,908	)		(78,854	)

Property and equipment, net	$	152,846		$	154,274

Depreciation and amortization expense was $14.5 million, $13.7 million, and $11.0 million for the years ended December 31, 2011, 2010, and 2009, respectively. Accumulated amortization associated with property and equipment under the capital lease was $5.4 million and $2.9 million at December 31, 2011 and 2010, 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