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Property and Equipment, Net (Tables)
9 Months Ended
Sep. 30, 2013
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and equipment consists of the following components:
 
 
September 30,
2013
 
December 31,
2012
 
 
(dollars in thousands)
Land and land improvements
 
$
5,860

 
$
6,410

Buildings
 
65,190

 
59,610

Machinery and equipment
 
359,410

 
332,040

 
 
430,460

 
398,060

Less: Accumulated depreciation
 
223,730

 
213,030

Property and equipment, net
 
$
206,730

 
$
185,030

Depreciation Expense
Depreciation expense as included in the accompanying consolidated statement of income is as follows:
 
 
Three months ended September 30,
 
Nine months ended September 30,
 
 
2013
 
2012
 
2013
 
2012
 
 
(dollars in thousands)
Depreciation expense, included in cost of sales
 
$
6,440

 
$
5,400

 
$
18,910

 
$
16,420

Depreciation expense, included in selling, general and administrative expense
 
1,190

 
900

 
3,280

 
2,570

Total depreciation expense
 
$
7,630

 
$
6,300

 
$
22,190

 
$
18,990