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Property and Equipment
12 Months Ended
Dec. 31, 2013
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 4 — Property and Equipment

Property and equipment consist of the following (in thousands):

 

     December 31,  
     2013     2012  

Building and leasehold improvements

   $ 71,306      $ 72,180   

Laboratory equipment

     26,621        27,145   

Manufacturing equipment

     23,699        20,877   

Furniture, fixtures and other equipment

     23,235        21,914   
  

 

 

   

 

 

 

Depreciable property and equipment at cost

     144,861        142,116   

Less: accumulated depreciation

     (84,148     (72,666
  

 

 

   

 

 

 

Depreciable property and equipment, net

     60,713        69,450   

Construction-in-progress

     6,261        2,765   
  

 

 

   

 

 

 

Property and equipment, net

   $ 66,974      $ 72,215   
  

 

 

   

 

 

 

Building and leasehold improvements include our manufacturing, research and development and administrative facilities and the related improvements to these facilities. Laboratory and manufacturing equipment include assets that support both our manufacturing and research and development efforts. Construction-in-progress includes assets being built to enhance our manufacturing and research and development efforts. Property and equipment includes certain assets acquired through capital leases (see Note 6).

In July 2012, we consolidated our U.S.-based research activities into our existing San Francisco facility and ceased use of and plan to sell one of our buildings located in Huntsville, Alabama that was dedicated to research activities. The announcement of this consolidation plan in March 2012 triggered the recognition of a $1.7 million impairment charge relating to these assets in the year ended December 31, 2012.

Depreciation expense, including depreciation of assets acquired through capital leases, for the years ended December 31, 2013, 2012, and 2011 was $13.0 million, $13.8 million, and $15.0 million, respectively.