Property and Equipment, Net

6 Months Ended

Jun. 30, 2020

Property and equipment consists of the following components (dollars in thousands):



	June 30, 2020		December 31, 2019
Land and land improvements	$	19,560	$	19,110
Buildings	85,820		84,880
Machinery and equipment	329,120		326,990
	434,500		430,980
Less: Accumulated depreciation	223,540		216,650
Property and equipment, net	$	210,960	$	214,330

Depreciation expense as included in the accompanying consolidated statement of operations is as follows (dollars in thousands):



	Three months ended June 30,				Six months ended June 30,
	2020		2019		2020		2019
Depreciation expense, included in cost of sales	$	7,830	$	6,010	$	14,190	$	11,440
Depreciation expense, included in selling, general and administrative expenses	280		290		580		550
Total depreciation expense	$	8,110	$	6,300	$	14,770	$	11,990