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Property And Equipment
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]  
Property And Equipment Property and Equipment
Property and equipment consist of the following (in thousands):
June 30, 2020December 31, 2019
Machinery and equipment$283,916  $296,078  
Land, buildings and improvements26,276  33,054  
Capitalized software9,949  3,509  
Furniture and fixtures9,552  9,898  
Leasehold improvements7,436  9,023  
Property and Equipment, gross337,129  351,562  
Accumulated depreciation(289,572) (304,955) 
Property and Equipment, net$47,557  $46,607  

Machinery and equipment includes demonstration units placed in provider locations which are depreciated to their estimated recoverable values over their estimated useful lives. In the fourth quarter of 2019, the company initiated the first stage of an Enterprise Resource Planning ("ERP") software implementation. As a result of the initiation of the ERP project, the company capitalized certain costs in accordance with ASC 350 as shown in capitalized software above.













In the third quarter of 2018, the company agreed to sell its Isny, Germany location with a net book value at the signing of the agreement of approximately $2,900,000, which is included in Land, buildings and improvements in the table above as of December 31, 2019. In accordance with the agreement, control transferred to the buyer in April 2020. The company recorded a gain on the transaction of $971,000.