Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

3. Property, Plant and Equipment

Property, plant and equipment as of December 31, 2012 and 2011 were as follows:

	Estimated Useful Lives		December 31,
In thousands			2012		2011
Land		—	$	2,164	$	2,143
Buildings and improvements		10 – 35 years		46,033		43,510
Machinery and equipment		5 – 25 years		156,551		146,505
Office equipment		2 – 8 years		32,939		32,682
Vehicles		3 – 6 years		565		581
Assets under capital leases:
Land		—		664		652
Buildings and improvements		10 – 35 years		5,827		5,717
Machinery and equipment		5 – 25 years		—		3,882
				244,743		235,672
Accumulated depreciation				(170,306)		(156,739	)
Accumulated amortization of capital leases				(2,646)		(4,479	)
				71,791		74,454
Construction in progress				4,463		4,485
Total property, plant and equipment			$	76,254	$	78,939

Depreciation expense was $12.8 million in 2012, $13.6 million in 2011 and $13.7 million in 2010.

On February 7, 2013, the Board of Directors of the Company approved a change in the Company’s IT software and systems strategy from a previous project, involving an ERP reimplementation, to a project involving an ERP upgrade and some additional applications software. As a result of this change in IT strategy, the Company recorded a $1.8 million asset impairment charge in the quarter ended December 31, 2012. The original project costs were deemed to have no future fair value, and the Board of Director’s decision was in response to conditions that existed at December 31, 2012.