XML 29 R12.htm IDEA: XBRL DOCUMENT v3.3.1.900
Property And Equipment
12 Months Ended
Dec. 31, 2015
Property And Equipment [Abstract]  
Property And Equipment

Note 5 Property and Equipment

 

Property and equipment at December 31, 2015 and 2014 are summarized as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(in thousands)

2015

 

2014

 

Useful Life (in years)

Land

$

903 

 

$

541 

 

N/A

Building

 

11,007 

 

 

9,370 

 

25-30

Machinery and equipment

 

105,383 

 

 

84,443 

 

2-7

Capitalized software

 

7,391 

 

 

3,693 

 

3-5

Office furniture and equipment

 

4,714 

 

 

3,478 

 

1-5

Leasehold improvements

 

17,867 

 

 

12,447 

 

Life of lease (a)

Rental equipment

 

149 

 

 

557 

 

5

Construction in progress

 

9,578 

 

 

20,082 

 

N/A

Total property and equipment

 

156,992 

 

 

134,611 

 

 

Less: Accumulated depreciation and amortization

 

(70,997)

 

 

(52,730)

 

 

Total property and equipment, net

$

85,995 

 

$

81,881 

 

 

 

(a)

Leasehold improvements are amortized on a straight-line basis over the shorter of (i) their estimated useful lives and (ii) the estimated or contractual life of the related lease.

 

Depreciation expense on property and equipment for the years ended 2015, 2014 and 2013 was $20,979,  $14,727 and $9,746, respectively.