Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.8.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment
Property and Equipment
 
Property and equipment consist of the following (amounts in thousands):
 
As of December 31,
 
2017
 
2016
Property and equipment, net:
 

 
 

Leasehold improvements
$
1,592

 
$
1,404

Machinery and equipment
68,840

 
55,691

 
70,432

 
57,095

Accumulated depreciation
(37,643
)
 
(28,825
)
 
$
32,789

 
$
28,270


 
Depreciation expense for property and equipment was $8,818,000, $8,160,000 and $10,066,000 for the years ended December 31, 2017, 2016 and 2015, respectively.