XML 29 R13.htm IDEA: XBRL DOCUMENT v3.6.0.2
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Property, Plant and Equipment
Property, plant and equipment is comprised of the following:
 
 
 December 31,
 
 Estimated
 
2016
 
2015
 
 Useful Lives
Land and improvements
$
71,002

 
$
71,079

 
 10 to 25 years
Buildings and improvements
266,325

 
237,499

 
 10 to 40 years
Machinery and equipment
870,429

 
760,250

 
 5 to 10 years
Construction in progress
153,924

 
130,615

 
 
 
$
1,361,680

 
$
1,199,443

 
 
Accumulated depreciation
(529,411
)
 
(434,074
)
 
 
Property, plant and equipment, net
$
832,269

 
$
765,369

 
 

    
The Company impaired property, plant and equipment at certain of its facilities due to the deterioration of financial results in each respective case. Fair value was determined using the estimated salvage value, which was deemed the highest and best use of the assets. A summary of these asset impairment charges is as follows:
 
Year Ended December 31,
 
2016
 
2015
 
2014
Asia Pacific
$
1,273

 
$

 
$

Europe

 
2,285

 
6,107

South America

 
11,345

 

North America

 

 
18,466

Total
$
1,273

 
$
13,630

 
$
24,573