Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment, net

v3.3.1.900
Property, Plant and Equipment, net
 12 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment, net
Property, Plant and Equipment, net

At December 31, 2015 and December 31, 2014, property, plant and equipment, net consisted of the following (in thousands):

 
2015
 
2014
Leasehold improvements
$
3,886

 
$
1,592

Furniture and fixtures
2,154

 
2,293

Equipment
21,043

 
17,593

Computer equipment
6,967

 
4,115

Computer software and ERP system
8,677

 
5,950

Automobiles
255

 
307

Buildings
2,649

 
2,649

Albatross (aircraft)
425

 
425

Satellite transponder
6,700

 
—

Construction in-progress
6,319

 
1,501

Total property, plant, and equipment
59,075

 
36,425

Accumulated depreciation
(20,009
)
 
(12,774
)
Property, plant and equipment, net
$
39,066

 
$
23,651



Depreciation expense for property, plant and equipment amounted to $9.4 million, $7.2 million and $3.9 million for the years ended December 31, 2015, 2014 and 2013, respectively.
Depreciation expense, including software amortization expense, by classification for the years ended December 31, 2015, 2014, and 2013 is shown below (in thousands):

 
Year ended December 31,
 
2015
 
2014
 
2013
Depreciation expense:
 
 
 
 
 
Cost of sales
$
2,957

 
$
2,820

 
$
1,113

Sales and marketing
893

 
471

 
—

Product development
1,443

 
858

 
71

General and administrative
4,154

 
3,030

 
2,719

Total depreciation expense
$
9,447

 
$
7,179

 
$
3,903