Property, plant and equipment at June 30, 2017 and December 31, 2016 consisted of the following:
|
|
|
Residual Value
as Percentage of
Original Cost |
|
|
Estimated
Useful Life
in Years |
|
June 30,
2017 |
|
|
December 31,
2016 |
|
|
|
|
|
|
|
|
|
|
(In thousands) |
|
|
Land |
|
|
|
|
|
|
|
$ |
2,953 |
|
|
$ |
3,789 |
|
|
Vehicles and machinery |
|
0 - 55% |
|
|
5 - 30 |
|
|
139,076 |
|
|
|
131,584 |
|
|
Buildings and improvements (1) |
|
0 - 25 |
|
|
3 - 30 |
|
|
24,637 |
|
|
|
22,750 |
|
|
Furniture, office and computer equipment |
|
|
— |
|
|
3 - 10 |
|
|
68,881 |
|
|
|
63,969 |
|
|
Property, plant and equipment |
|
|
|
|
|
|
|
|
235,547 |
|
|
|
222,092 |
|
|
Accumulated depreciation |
|
|
|
|
|
|
|
|
(84,911 |
) |
|
|
(72,895 |
) |
|
Property, plant and equipment, net |
|
|
|
|
|
|
|
$ |
150,636 |
|
|
$ |
149,197 |
|
|
(1) |
Improvements made to leased properties are depreciated over the lesser of the estimated remaining life or the remaining term of the respective lease. |
|