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Property And Equipment
3 Months Ended
Mar. 31, 2016
Property And Equipment [Abstract]  
Property And Equipment

(4)  Property and Equipment



Property and equipment, net, as of March 31, 2016 and December 31, 2015 were as follows:



 

 

 

 

 

 

 



 

 

 

 

 

 

 

(in thousands)

2016

 

2015

 

Useful Life (in years)

Land

$

903 

 

$

903 

 

N/A

Building

 

11,009 

 

 

11,007 

 

25-30

Machinery and equipment

 

111,716 

 

 

105,383 

 

2-7

Capitalized software

 

8,754 

 

 

7,391 

 

3-5

Office furniture and equipment

 

5,094 

 

 

4,714 

 

1-5

Leasehold improvements

 

22,737 

 

 

17,867 

 

Life of lease (a)

Rental equipment

 

156 

 

 

149 

 

5

Construction in progress

 

9,258 

 

 

9,578 

 

N/A

Total property and equipment

 

169,627 

 

 

156,992 

 

 

Less: Accumulated depreciation and amortization

 

(77,327)

 

 

(70,997)

 

 

Total property and equipment, net

$

92,300 

 

$

85,995 

 

 



(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.



For the quarters ended March 31, 2016 and 2015, depreciation expense on property and equipment was $6,000 and $4,709, respectively.