Property and Equipment, Net

12 Months Ended

Dec. 31, 2011

7.	PROPERTY AND EQUIPMENT, NET

Property and equipment consists of the following (in thousands):


	December 31, 2011			December 31, 2010			Depreciable lives (years)
Land	$	266		$	100		Indefinite
Buildings and improvements		22,646			18,832		3 to 25
Equipment		92,816			73,225		2 to 7
Software		29,314			21,260		3 to 10
Furniture and fixtures		17,335			14,031		3 to 8
Surgical implant instrumentation		40,739			33,231		5
Construction in progress		8,753			15,572		N/A

		211,869			176,251
Accumulated depreciation and amortization		(104,761	)		(82,591	)

Property and equipment, net	$	107,108		$	93,660

Depreciation and amortization expense relating to property and equipment (including equipment under capital leases) was $27.3 million, $26.0 million, and $27.9 million for the years ended December 31, 2011, 2010, and 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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