Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v2.4.0.8
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2013
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment
  (2) PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at December 31, 2013 and 2012 is summarized as follows (in thousands):

 

     2013      2012  

Land

   $ 59,113       $ 59,113   

Buildings and improvements

     176,987         173,691   

Furniture, fixtures and equipment

     195,629         184,722   

Leasehold improvements

     174,663         154,828   
  

 

 

    

 

 

 

Total property, plant and equipment

     606,392         572,354   

Less accumulated depreciation and amortization

     244,637         209,908   
  

 

 

    

 

 

 

Property, plant and equipment, net

   $ 361,755       $ 362,446   
  

 

 

    

 

 

 

The Company capitalized $4.2 million of interest expense during 2011, relating to the construction of our corporate headquarters and equipment for our domestic distribution facility, which was completed in 2011.