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PROPERTY, PLANT AND EQUIPMENT
9 Months Ended
Sep. 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):

 

 

 

September 30,

 

December 31,

 

 

 

2015

 

2014

 

Land

 

$

977

 

$

996

 

Building and improvements

 

9,520

 

9,324

 

Machinery, equipment, tools and dies

 

37,681

 

37,426

 

Furniture, fixtures and other

 

8,411

 

6,778

 

 

 

 

 

 

 

 

 

56,589

 

54,524

 

Less accumulated depreciation

 

(20,726

)

(17,483

)

 

 

 

 

 

 

Property, plant and equipment, net

 

$

35,863

 

$

37,041

 

 

 

 

 

 

 

 

 

 

Depreciation expense was approximately $1,226 and $1,204 for the quarters ended September 30, 2015 and 2014, respectively.  For the nine months ended September 30, 2015 and 2014, depreciation expense was $3,569 and $3,337, respectively.