Property, plant and equipment

12 Months Ended

Dec. 31, 2012

Note 7 — Property, plant and equipment

The major classes of property, plant and equipment, at cost, at year end are as follows:


	2012			2011
	(Dollars in thousands)
Land, buildings and leasehold improvements	$	201,155		$	189,817
Machinery and equipment		313,325			285,771
Computer equipment and software		70,618			64,076
Construction in progress		41,424			26,390

		626,522			566,054
Less: Accumulated depreciation		(328,577	)		(314,142	)

Property, plant and equipment, net	$	297,945		$	251,912

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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