Annual report pursuant to Section 13 and 15(d)

Property, Plant, and Equipment, Net

v3.10.0.1
Property, Plant, and Equipment, Net
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net
NOTE 7—PROPERTY, PLANT AND EQUIPMENT, NET
Property, plant and equipment, net consisted of the following:
 
 
December 31, 
(in thousands)
 
2018
 
2017
Land and improvements
 
$
20,961

 
$
21,065

Buildings and improvements
 
170,928

 
173,919

Machinery, software and equipment
 
327,678

 
322,032

Furniture and fixtures
 
88,305

 
83,613

Leasehold improvements
 
131,756

 
121,949

Construction in progress
 
41,322

 
14,627

 
 
780,950

 
737,205

Less accumulated depreciation
 
(489,354
)
 
(455,811
)
 
 
$
291,596

 
$
281,394


Impairment charges for long-lived assets are included in SG&A expense and were approximately $2,072,000, $1,401,000 and $4,310,000 for the years ended December 31, 2018, 2017 and 2016, respectively. Charges during the years ended December 31, 2018, 2017 and 2016 were recorded primarily for certain underperforming retail stores in the United States, Europe and LAAP regions.