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Property and Equipment, Net (Tables)
6 Months Ended
Jun. 30, 2014
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and equipment consists of the following components:
 
 
June 30,
2014
 
December 31,
2013
 
 
(dollars in thousands)
Land and land improvements
 
$
5,520

 
$
5,520

Buildings
 
63,500

 
61,960

Machinery and equipment
 
370,730

 
351,960

 
 
439,750

 
419,440

Less: Accumulated depreciation
 
227,620

 
213,290

Property and equipment, net
 
$
212,130

 
$
206,150

Depreciation Expense
Depreciation expense as included in the accompanying consolidated statement of income is as follows:
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2014
 
2013
 
2014
 
2013
 
 
(dollars in thousands)
Depreciation expense, included in cost of sales
 
$
6,990

 
$
6,410

 
$
13,730

 
$
12,470

Depreciation expense, included in selling, general and administrative expense
 
1,300

 
1,100

 
2,590

 
2,090

Total depreciation expense
 
$
8,290

 
$
7,510

 
$
16,320

 
$
14,560