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Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment, Net [Abstract]  
Property, Plant and Equipment, Net

Note 4 — Property, Plant and Equipment, Net

Property, plant and equipment, net consisted of the following:

 

                         
    December 31,        
    2011     2010     Useful lives  

Machinery and equipment

  $ 131,209     $ 128,655       3-15 years  

Buildings

    53,138       47,909       40 years  

Data processing

    77,471       67,631       3-5 years  

Leasehold improvements

    83,614       72,114       1-20 years  

Furniture and fixtures

    128,967       115,043       5-10 years  

Land

    6,494       6,059          
   

 

 

   

 

 

         
      480,893       437,411          

Less: accumulated depreciation

    (276,564     (246,682        
   

 

 

   

 

 

         
    $ 204,329     $ 190,729          
   

 

 

   

 

 

         

Depreciation and amortization expense related to property, plant and equipment was $48,515, $39,073, and $37,823 for the years ended December 31, 2011, 2010 and 2009, respectively.

 

The Company is obligated under various capital leases for certain machinery and equipment which expire on various dates through 2016 (see Note 8). The amount of machinery and equipment and related accumulated amortization recorded under capital leases and included within property, plant and equipment, net consisted of the following:

 

                 
    December 31,  
    2011     2010  

Machinery and equipment under capital leases

  $ 12,126     $ 10,030  

Less: accumulated amortization

    (8,203     (6,269
   

 

 

   

 

 

 
    $ 3,923     $ 3,761  
   

 

 

   

 

 

 

Amortization of assets held under capitalized leases is included in depreciation and amortization expense.