Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

5. Property, Plant and Equipment

Property, plant and equipment as of December 31, 2014 and 2013 are comprised of the following:


	December 31,
	2014			2013
Buildings and related structures	$	70,552		$	81,050
Machinery and equipment		269,031			269,840
Vehicles and others		24,812			22,397

		364,395			373,287
Less: accumulated depreciation		(157,341	)		(136,397	)
Land		16,712			17,407

Property, plant and equipment, net	$	223,766		$	254,297

Aggregate depreciation expenses totaled $28,475 thousand and $25,934 thousand for the years ended December 31, 2014 and 2013, respectively.

During the fourth quarter of 2014, the Company recognized $10,269 thousand of impairment charges, which were incurred due to the closure of its six-inch fabrication facility. The impairment charges primarily resulted from $8,239 thousand of impairment to building, $1,763 thousand of impairment of machinery and equipment and $267 thousand of impairment of other tangible assets.

During the fourth quarter of 2013, the Company recorded $508 thousand in impairment charges related to the impairment of certain machinery and equipment which were purchased as part of the Dawin acquisition.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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