Property, Plant and Equipment

12 Months Ended

Dec. 31, 2019

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

NOTE 9 - PROPERTY, PLANT AND EQUIPMENT

December 31,	2019			2018
(Dollars in thousands)
Land and buildings	$	158,907		$	140,471
Machinery and equipment		856,961			769,451
Leasehold improvements and others		12,173			12,883
Construction in progress		30,179			67,559
		1,058,220			990,364
Accumulated depreciation		(528,938	)		(457,597	)
Property, plant and equipment, net	$	529,282		$	532,767

Depreciation expense was $75.8 million, $68.8 million and $54.2 million for the years ended December 31, 2019, 2018 and 2017, respectively. Depreciation expense for the year ended December 31, 2019 included accelerated depreciation of $7.6 million related to excess equipment arising from the plan to reduce production at our Fayetteville, Arkansas manufacturing facility (refer to Note 23, “Restructuring”).