Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.3.1.900
Property and Equipment
12 Months Ended
Dec. 31, 2015
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,
 
2015
 
2014
Property and equipment, net:
 

 
 

Buildings and leasehold improvements
$
1,222

 
$
3,359

Machinery and equipment
52,489

 
44,175

 
53,711

 
47,534

Accumulated depreciation
(27,057
)
 
(24,254
)
 
$
26,654

 
23,280


 
Depreciation expense for property and equipment was $10,066,000, $9,019,000 and $7,327,000 for the years ended December 31, 2015, 2014 and 2013, respectively.