Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following components:

	June 30, 2015		December 31, 2014
	(dollars in thousands)
Land and land improvements	$	14,440	$	14,710
Buildings	63,850		60,570
Machinery and equipment	266,020		262,670
	344,310		337,950
Less: Accumulated depreciation	167,340		160,480
Property and equipment, net	$	176,970	$	177,470

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,
	2015		2014		2015		2014
	(dollars in thousands)
Depreciation expense, included in cost of sales	$	5,020	$	4,470	$	9,380	$	8,830
Depreciation expense, included in selling, general and administrative expense	730		770		1,450		1,550
Total depreciation expense	$	5,750	$	5,240	$	10,830	$	10,380