Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.7.0.1
Property and Equipment
12 Months Ended
Dec. 31, 2016
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,
 
2016
 
2015
Property and equipment, net:
 

 
 

Buildings and leasehold improvements
$
1,404

 
$
1,222

Machinery and equipment
55,691

 
52,489

 
57,095

 
53,711

Accumulated depreciation
(28,825
)
 
(27,057
)
 
$
28,270

 
26,654


 
Depreciation expense for property and equipment was $8,160,000, $10,066,000 and $9,019,000 for the years ended December 31, 2016, 2015 and 2014, respectively.