Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v2.4.1.9
Property and Equipment
12 Months Ended
Dec. 31, 2014
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,
 
2014
 
2013
Property and equipment, net:
 

 
 

Land
$

 
172

Buildings and leasehold improvements
3,359

 
3,338

Machinery and equipment
44,175

 
38,565

 
47,534

 
42,075

Accumulated depreciation
(24,254
)
 
(17,514
)
 
$
23,280

 
24,561


 
Depreciation expense for property and equipment was $9,019,000, $7,327,000 and $5,286,000 for the years ended December 31, 2014, 2013 and 2012, respectively.