Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

NOTE 4 — Property, Plant and Equipment

Property, plant and equipment is comprised of the following:

	As of
($ in thousands)	December 31, 2014			December 31, 2013

Land	$	3,044		$	3,938
Buildings and improvements		67,269			69,740
Machinery and equipment		185,999			193,179
Less: Accumulated depreciation		(184,898	)		(191,988	)

Property, plant and equipment, net	$	71,414		$	74,869

Depreciation expense recorded in the statement of operations includes the following:

	Year Ended December 31,
($ in thousands)	2014		2013		2012

Continuing operations	$	12,781	$	12,322	$	11,424
Discontinued operations	$	—	$	3,162	$	5,163

- 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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