Property, Plant and Equipment

3 Months Ended

Mar. 29, 2015

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property, Plant and Equipment



(Dollars in thousands)
	March 29, 2015			December 28, 2014
Land and buildings	$	89,130		$	91,209
Machinery and equipment	473,452			447,880
Leasehold improvements and others	6,866			6,865
Construction in progress	38,556			59,600
	608,004			605,554
Accumulated depreciation	(353,728		)	(350,519		)
Property, plant and equipment, net	$	254,276		$	255,035

Construction in progress includes $25.9 million and $47.8 million of costs related to our new wheel plant under construction in Mexico, at March 29, 2015 and December 28, 2014, respectively. Depreciation expense was $8.5 million and $7.1 million for the thirteen weeks ended March 29, 2015 and March 30, 2014, respectively.

- 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.

+ References+ Details