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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
6) Property, Plant and Equipment

 

          December 31,  
     Estimated
Useful Life
   2014      2013  

Land owned

      $ 7,548       $ 6,139   

Land under capital lease

        2,097         1,437   

Buildings and improvements owned

   15-40 years      52,641         45,964   

Buildings under capital lease

   20 years      6,225         3,172   

Machinery and equipment

   3-12 years      408,299         261,842   

Construction in process

        21,027         20,745   
     

 

 

    

 

 

 
  497,837      339,299   

Less - accumulated depreciation

  219,395      218,210   
     

 

 

    

 

 

 

Property, plant and equipment, net

$ 278,442    $ 121,089   
     

 

 

    

 

 

 

During the year ended December 31, 2014 we acquired $168,521 in property, plant and equipment with the four acquisitions completed during 2014. (See Note 2 of the Notes to Consolidated Financial Statements).

For the years ended December 31, 2014, 2013, and 2012, depreciation expense was $ 20,817, $16,957 and $17, 643, respectively.