XML 42 R29.htm IDEA: XBRL DOCUMENT v3.7.0.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
3 Months Ended
Mar. 31, 2017
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment
Depreciation and amortization of assets are computed by the straight-line method over the following estimated useful lives of the assets:
 
Classification
Useful Life
Buildings
20-40 years
Enterprise Resource Planning (“ERP”) System
15 years
Leasehold improvements
2-15 years
Machinery and equipment
2-12 years
Furniture and fixtures
2-10 years
Computers and computer software
2-5 years
Automobiles
2-5 years
A summary of property, plant and equipment as of March 31, 2017 and December 31, 2016 is as follows (in thousands):
 
 
March 31, 2017
 
December 31, 2016
 
(unaudited)
 
 
Land
$
7,434

 
$
7,429

Buildings and leasehold improvements
46,525

 
42,257

Machinery and equipment
237,292

 
233,063

Furniture and fixtures
8,377

 
8,431

Capitalized ERP system development costs
46,120

 
44,876

Computers and computer software
11,830

 
11,775

Automobiles
5,392

 
5,370

Construction in progress
13,469

 
12,997

Total
376,439

 
366,198

Accumulated depreciation and amortization
(171,097
)
 
(163,068
)
Property, plant, and equipment, net
$
205,342

 
$
203,130