Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

7.	Property, Plant and Equipment

Major classifications and expected lives of property, plant and equipment are summarized below:


(In thousands)		December 31,
	Expected Life	2012		2011
Land and office buildings	39 years	$	3,354	$	3,282
Production facilities	10 - 20 years	8,552		8,185
Machinery and equipment	3 - 15 years	32,869		27,672
Furniture and fixtures	3 - 20 years	1,515		1,274
Total		46,290		40,413
Less accumulated depreciation		(26,508)		(23,698)
Property, plant and equipment, net		19,782		16,715
Construction in progress		3,151		3,423
		$	22,933	$	20,138

The amounts of depreciation expense calculated on the Company’s property, plant and equipment for the years ended December 31, 2012, 2011 and 2010 were $2,470,000, $2,078,000 and $1,903,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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