Property, Plant and Equipment, Net

9 Months Ended

Sep. 30, 2019

Note F — Property, Plant and Equipment, Net

Property, plant and equipment, net were comprised of the following:


	As of September 30,		As of December 31,
(in thousands)	2019		2018
Land	$	634	$	644
Buildings (1)		4,046		24,558
Furniture and fixtures		13,332		13,121
Machinery and equipment		26,603		27,452
Equipment leased to third parties under operating leases		29,943		30,093
Leasehold improvements		129,029		111,247
Computers and software		74,897		69,173
Total property, plant and equipment, gross		278,484		276,288
Less: accumulated depreciation		(193,994)		(186,799)
Total property, plant and equipment, net	$	84,490	$	89,489

(1) As discussed in Note A - “Organization and Summary of Significant Accounting Policies”, the new lease standard resulted in the removal of assets associated with build-to-suit leases.

Total depreciation expense was approximately $7.8 million and $23.0 million for the three and nine months ended September 30, 2019 and $7.5 million and $22.3 million for the three and nine months ended September 30, 2018.