Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.0.6
Property and Equipment
12 Months Ended
Dec. 31, 2012
Property and Equipment
7. Property and Equipment:

Property and equipment, net, consists of the following at December 31, 2012 and 2011:

 

     Estimated
Useful Life
(Years)
   2012      2011  

Land

   n/a    $ 531       $ 531   

Buildings

   27      778         772   

Leasehold improvements

   3-10      5,044         4,797   

Machinery and equipment

   2-10      102,494         83,518   

Furniture and fixtures

   3-5      835         684   

Construction in process

        2,899         3,489   
     

 

 

    

 

 

 

Property and equipment, gross

        112,581         93,791   

Less: Accumulated depreciation

        44,089         27,449   
     

 

 

    

 

 

 

Property and equipment, net

      $ 68,492       $ 66,342   
     

 

 

    

 

 

 

Machinery and equipment includes capitalized software of $10,972 and $5,287 as of December 31, 2012 and 2011, respectively. Captitalized interest of $109 and $99 was recorded for the years ended December 31, 2012 and 2011, respectively.