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Property And Equipment
6 Months Ended
Jun. 30, 2016
Property And Equipment [Abstract]  
Property And Equipment

(3)  Property and Equipment



Property and equipment, net, as of June 30, 2016 and December 31, 2015 were as follows:



 

 

 

 

 

 

 



 

 

 

 

 

 

 

(in thousands)

2016

 

2015

 

Useful Life (in years)

Land

$

903 

 

$

903 

 

N/A

Building

 

11,032 

 

 

11,007 

 

25-30

Machinery and equipment

 

108,633 

 

 

105,383 

 

2-7

Capitalized software

 

8,895 

 

 

7,391 

 

3-5

Office furniture and equipment

 

5,094 

 

 

4,714 

 

1-5

Leasehold improvements

 

23,007 

 

 

17,867 

 

Life of lease (a)

Rental equipment

 

152 

 

 

149 

 

5

Construction in progress

 

10,364 

 

 

9,578 

 

N/A

Total property and equipment

 

168,080 

 

 

156,992 

 

 

Less: Accumulated depreciation and amortization

 

(80,822)

 

 

(70,997)

 

 

Total property and equipment, net

$

87,258 

 

$

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.



Depreciation and amortization expense on property and equipment was $6,210 and $12,210 for the quarter and six months ended June 30, 2016, respectively, compared to $4,691 and $9,400 for the quarter and six months ended June 30, 2015, respectively.