Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT
PROPERTY, PLANT AND EQUIPMENT
 
The composition of property, plant and equipment is as follows (dollar amounts in thousands):
As of December 31,
 
2016
 
2015
Land and improvements
 
$
1,996

 
$
2,518

Buildings and improvements
 
30,277

 
30,013

Machinery and equipment
 
23,699

 
22,293

Furniture and fixtures
 
19,962

 
18,964

Computer software and hardware
 
49,340

 
44,194

 
 
125,274

 
117,982

Accumulated depreciation and amortization
 
(52,002
)
 
(49,254
)
Total property, plant and equipment
 
$
73,272

 
$
68,728


 
Depreciation expense was $4.7 million, $4.4 million, and $4.3 million for the years ended December 31, 2016, 2015 and 2014, respectively.

Capitalized interest was $0.2 million for the year ended December 31, 2016 and $0 for the years ended December 31, 2015 and 2014.

In January of 2017, the Company sold a 53 acre property in Springville, Utah. At December 31, 2016, $0.5 million of land and improvements was classified as held for sale and an impairment of $0.2 million was recognized for the year ended December 31, 2016.