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Property, Plant and Equipment, Net
9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment, Net  
Property, Plant and Equipment, Net

Note 4. Property, Plant and Equipment, Net

 

The components of our property, plant and equipment are summarized below (in thousands):

 

 

 

 

 

 

 

 

 

 

 

September 30, 

 

December 31, 

 

 

 

2017

 

2016

 

Property, plant and equipment:

 

 

 

 

 

 

 

Machinery and equipment, at cost

 

$

42,970

 

$

41,254

 

Less: accumulated depreciation and amortization

 

 

(40,017)

 

 

(37,311)

 

Building, at cost

 

 

31,327

 

 

29,600

 

Less: accumulated depreciation and amortization

 

 

(10,951)

 

 

(9,654)

 

Leasehold improvements, at cost

 

 

5,351

 

 

4,942

 

Less: accumulated depreciation and amortization

 

 

(4,093)

 

 

(3,608)

 

Construction in progress

 

 

17,668

 

 

2,582

 

 

 

$

42,255

 

$

27,805

 

As of September 30, 2017, the balance of construction in process was $17.7 million of which $13.6 million was from our buildings in our new Dingxing location, $1.5 million was for manufacturing equipment purchases and $2.6 million was from our construction in process for our other consolidated subsidiaries.