Property and Equipment, Net (Tables)

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following components:

	September 30, 2014		December 31, 2013
	(dollars in thousands)
Land and land improvements	$	6,410	$	5,520
Buildings	64,190		61,960
Machinery and equipment	376,810		351,960
	447,410		419,440
Less: Accumulated depreciation	232,860		213,290
Property and equipment, net	$	214,550	$	206,150

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,
	2014		2013		2014		2013
	(dollars in thousands)
Depreciation expense, included in cost of sales	$	6,760	$	6,440	$	20,480	$	18,910
Depreciation expense, included in selling, general and administrative expense	1,110		1,190		3,700		3,270
Total depreciation expense	$	7,870	$	7,630	$	24,180	$	22,180