Hillman Solutions Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Property And Equipment

Property And Equipment

12 Months Ended

Dec. 31, 2011

7.	Property and Equipment:

Property and equipment, net, consists of the following at December 31, 2011 and 2010:


	Estimated Useful Life (Years)
	Estimated Useful Life (Years)	2011		2010
Land	n/a	$	531	$	531
Buildings	27		772		751
Leasehold improvements	3-10		4,797		4,664
Machinery and equipment	2-10		83,518		54,165
Furniture and fixtures	3-5		684		597
Construction in process			3,489		1,316

Property and equipment, gross			93,791		62,024
Less: Accumulated depreciation			27,449		9,512

Property and equipment, net		$	66,342	$	52,512

Machinery and equipment includes capitalized software of $5,287 and $5,126 as of December 31, 2011 and 2010, respectively. Capitalized interest of $99 and $42 was recorded for the years ended December 31, 2011 and 2010, respectively.

- 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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