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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2016
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

 

4.PROPERTY, PLANT AND EQUIPMENT

 

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

 

 

 

June 30,
2016

 

December 31,
2015

 

Land

 

$

974

 

$

970

 

Building and improvements

 

9,875

 

9,771

 

Machinery, equipment, tools and dies

 

42,943

 

37,782

 

Furniture, fixtures and other

 

9,986

 

8,657

 

 

 

 

 

 

 

 

 

63,778

 

57,180

 

Less accumulated depreciation

 

(25,152

)

(21,865

)

 

 

 

 

 

 

Property, plant and equipment, net

 

$

38,626

 

$

35,315

 

 

 

 

 

 

 

 

 

 

Depreciation expense was approximately $1,752 and $1,198 for the quarters ended June 30, 2016 and 2015, respectively. For the six months ended June 30, 2016 and 2015, depreciation expense was $3,243 and $2,343, respectively.