Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following components:



	December 31, 2012		December 31, 2011
	(dollars in thousands)
Land and land improvements	$	6,410	$	5,740
Buildings	59,610		51,480
Machinery and equipment	332,040		291,960
	398,060		349,180
Less: Accumulated depreciation	213,030		189,970
Property and equipment, net	$	185,030	$	159,210

Depreciation Expense

Depreciation expense as included in the accompanying consolidated statement of income is as follows:



	Year ended December 31,
	2012		2011		2010
	(dollars in thousands)
Depreciation expense, included in cost of sales	$	21,530	$	20,800	$	19,020
Depreciation expense, included in selling, general and administrative expense	3,520		2,970		2,580
Total depreciation expense	$	25,050	$	23,770	$	21,600

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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