Annual report pursuant to Section 13 and 15(d)

Property And Equipment, Net

Property And Equipment, Net

12 Months Ended

Dec. 31, 2011

Property And Equipment, Net [Abstract]

NOTE 4. PROPERTY AND EQUIPMENT, NET

Property and equipment, net as of December 31, 2011 and 2010, were as follows:


		December 31,
		2011			2010


Land	$	2,850		$		2,850
Building and improvements		3,498				3,011
Furniture and fixtures		3,301				2,043
Computer hardware and
software		3,387				2,726
Machinery and equipment		7,428				6,419
Construction in progress		640				1,431
	$	21,104		$		18,480
Less accumulated depreciation		(7,085	)			(3,740	)
	$	14,019		$		14,740

Depreciation expense was $3,351, $1,933, and $342 for the years ended December 31, 2011, 2010, and 2009, respectively, and for the Predecessor Company was $2,136 and $2,038, for the period from July 1, 2009 to May 28, 2010, and for the year ended June 30, 2009, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details