Property Plant and Equipment, net

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment, Net

PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net is summarized as follows:

	At December 31,
	2015			2014
In thousands
Land	$	14,115		$	12,873
Buildings	93,465			79,477
Leasehold improvements	18,430			17,341
Machinery, office furniture and equipment	242,147			216,527
Construction in process	10,077			5,436
Total	378,234			331,654
Less accumulated depreciation	(202,648		)	(183,829		)
Property, plant and equipment, net	$	175,586		$	147,825

Depreciation expense was $24.1 million, $23.8 million and $20.8 million for 2015, 2014 and 2013, respectively.

Capital Leases

For the year ended December 31, 2015, $1.6 million of assets purchased under the Company's master leasing agreement with PNC and accounted for as capital leases was included in machinery, office furniture and equipment, with accumulated depreciation of $0.1 million. For the year ended December 31, 2014, $1.5 million of assets purchased under the Company's master leasing agreement with PNC and accounted for as capital leases was included in machinery, office furniture and equipment and construction in process. Depreciation expense associated with the capital leases was $0.1 million for 2015. There was no depreciation expense associated with the capital leases in 2014 and 2013. See Note 16, Commitments and Contingencies, for a discussion on the master leasing agreement.