Property, Plant and Equipment

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

7. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of the following as of December 31 (in thousands):

	2017			2016
Building and improvements	$	49,403		$	47,859
Machinery and equipment		228,107			223,450
Furniture and fixtures		1,620			2,710
Forklifts and tractors		9,799			10,167
Computer equipment		9,680			10,481
Construction in process		5,954			4,172
Land		11,417			11,417
Total property, plant and equipment		315,980			310,256
Accumulated depreciation		(212,870	)		(206,970	)
Total property, plant and equipment, net	$	103,110		$	103,286

The Company had construction in process as of December 31, 2017 of approximately $5.9 million. The Company expects that the construction in process will be completed and put into service in the year ending December 31, 2018.

Depreciation expense for the years ended December 31, 2017, 2016, and 2015 totaled $14.7 million, $14.2 million, and $14.3 million, respectively.

In January 2016, the Company sold a portion of the Olive Branch facility that contained the buildings for $4.2 million and recognized a $0.1 million gain on sale, which is reported in “Selling, general and administrative expenses” in the Consolidated Statements of Comprehensive Income. As of December 31, 2017, the Company continues to own approximately 62 acres of undeveloped land that is reported in “Property, plant and equipment, net” in the Consolidated Balance Sheet.