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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2015
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

 

 

3.   PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment is classified as follows (in thousands):

 

 

 

June 30,

 

December 31,

 

 

 

2015

 

2014

 

Land

 

$

974

 

$

996

 

Building and improvements

 

9,487

 

9,324

 

Machinery, equipment, tools and dies

 

37,275

 

37,426

 

Furniture, fixtures and other

 

7,913

 

6,778

 

 

 

 

 

 

 

 

 

55,649

 

54,524

 

Less accumulated depreciation

 

(19,476

)

(17,483

)

 

 

 

 

 

 

Property, plant and equipment, net

 

$

36,173

 

$

37,041

 

 

 

 

 

 

 

 

 

 

Depreciation expense was approximately $1,198 and $1,123 for the quarters ended June 30, 2015 and 2014, respectively.  For the six months ended June 30, 2015 and 2014, depreciation expense was $2,343 and $2,133, respectively.