Land, Buildings And Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Land, Buildings and Equipment

Land, buildings and equipment consist of the following at December 31, 2014 and 2013:



(In thousands)	2014		2013
Land	$	106,599	$	106,005
Buildings and improvements	535,039		529,842
Equipment	244,239		227,467
Total	885,877		863,314
Less accumulated depreciation and amortization	528,006		513,660
Net land, buildings and equipment	$	357,871	$	349,654

Depreciation expense of $29.8 million, $30.7 million and $32.2 million for 2014, 2013 and 2012, respectively, was included in occupancy expense and equipment expense in the consolidated income statements. Repairs and maintenance expense of $16.5 million, $16.8 million and $17.3 million for 2014, 2013 and 2012, respectively, was included in occupancy expense and equipment expense. There has been no interest expense capitalized on construction projects in the past three years.

- 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.

+ References+ Details