Property Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consist of the following:



	December 31,
(in thousands)	2014			2013			Useful Lives
Land	$	9,181		$	8,708
Buildings and improvements	72,514			62,169			5-20 yrs.
Machinery and equipment	66,799			65,451			3-10 yrs.
Office furniture and equipment	6,254			6,705			3-7 yrs.
Computer software	11,283			10,557			3-7 yrs.
Transportation equipment	5,636			4,786			3 yrs.
	171,667			158,376
Accumulated depreciation	(100,497		)	(96,472		)
	$	71,170		$	61,904

Property, plant and equipment on December 31, 2014 and December 31, 2013 include capital leases in the amount of $412,000 and $7,246,000, respectively, which are included in the listings above. Accumulated depreciation relating to the capital leases on December 31, 2014 and 2013 was $308,000 and $4,749,000, respectively. Amortization related to the capital lease is included in depreciation expense. The decrease in capital leases in 2014 was due to the purchase of previously leased property.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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