Property, Plant and Equiptment (Notes)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

PROPERTY, PLANT AND EQUIPMENT



(Dollars in thousands)	December 31, 2012			December 31, 2011
Land	$	15,394		$	15,453
Buildings and improvements	132,673			132,739
Machinery and equipment	151,023			153,076
Office equipment	34,300			26,825
Equipment in process	21,202			13,810
	354,592			341,903
Accumulated depreciation	(205,575		)	(193,721		)
Total property, plant and equipment	$	149,017		$	148,182

Depreciation expense was $22.7 million in 2012, $20.8 million in 2011, and $14.6 million in 2010. As part of the acquisition of Curamik in 2011, we acquired a capital lease on its facility in Eschenbach, Germany. At December 31, 2011 this capital lease was recorded in Property, plant and equipment in our consolidated statements of financial position for $12.1 million, net of accumulated depreciation. The total obligation recorded for the lease as of December 31, 2012 and 2011 was $8.4 million and $9.2 million, respectively. Depreciation expense related to the capital lease was $0.4 million for each of the years ending December 31, 2012 and 2011. Accumulated depreciation for the capital lease for the years ended December 31, 2012 and 2011 was $0.8 million and $0.4 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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