Land, Buildings And Equipment

12 Months Ended

Dec. 31, 2018

Property, Plant and Equipment [Abstract]

Land, Buildings And Equipment

Land, Buildings and Equipment

Land, buildings and equipment consist of the following at December 31, 2018 and 2017:

(In thousands)	2018		2017
Land	$	91,603	$	94,992
Buildings and improvements	545,510		540,204
Equipment	226,666		216,876
Total	863,779		852,072
Less accumulated depreciation	530,660		516,962
Net land, buildings and equipment	$	333,119	$	335,110

Depreciation expense of $28.6 million in 2018, $29.1 million in 2017 and $30.1 million in 2016, was included in occupancy expense and equipment expense in the consolidated statements of income. Repairs and maintenance expense of $16.9 million, $16.4 million and $16.2 million for 2018, 2017 and 2016, respectively, was included in occupancy expense and equipment expense. There has been no interest expense capitalized on construction projects in the past three years.