Property, Plant and Equipment

12 Months Ended

Dec. 31, 2013

Note 4: Property, Plant and Equipment

Property, plant and equipment are presented at cost net of accumulated depreciation and consist of the following:

December 31,	2013			2012
(in thousands)
Land	$	19,264		$	17,420
Buildings and leasehold improvements		130,072			111,986
Operating equipment		1,231,504			1,155,600
Computer software		17,121			20,581
Furniture and fixtures		7,737			7,232
Vehicles		387,854			357,913
Construction in progress		2,076			9,829
Gross property, plant and equipment		1,795,628			1,680,561
Less: accumulated depreciation		(1,069,321	)		(924,235	)
Net property, plant and equipment	$	726,307		$	756,326

Depreciation expense was $215.4 million in 2013, $214.9 million in 2012, and $179.9 million in 2011, and includes amounts recorded as costs of sales and inventory. There were no capital leases outstanding as of December 31, 2013 and December 31, 2012. The Company had accounts payable for purchases of property and equipment of $19.7 million as of December 31, 2013, $24.4 million as of December 31, 2012, and $32.7 million as of December 31, 2011.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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