Quarterly report pursuant to Section 13 or 15(d)

Property, Plant, and Equipment, net

v3.5.0.2
Property, Plant, and Equipment, net
 9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment, net
Property, Plant and Equipment, net

As of September 30, 2016 and December 31, 2015, property, plant and equipment, net consisted of the following (in thousands):

 
September 30,
2016
 
December 31,
2015
Leasehold improvements
$
6,347

 
$
3,886

Furniture and fixtures
3,150

 
2,154

Equipment
62,565

 
21,043

Computer equipment
12,515

 
6,967

Computer software
16,515

 
8,677

Automobiles
354

 
255

Buildings
7,039

 
2,649

Albatross (aircraft)
425

 
425

Satellite transponder
66,358

 
6,700

Construction in-progress
6,015

 
6,319

Total property, plant and equipment
$
181,283

 
$
59,075

Accumulated depreciation
(31,663
)
 
(20,009
)
Property, plant and equipment, net
$
149,620

 
$
39,066



Depreciation expense for property, plant, and equipment amounted to $6.2 million and $2.2 million for the three months ended September 30, 2016 and 2015, respectively, and $12.9 million and $6.4 million for the nine months ended September 30, 2016 and 2015, respectively.
 
Depreciation expense, including software amortization expense, by classification for the three and nine months ended September 30, 2016 and 2015 is shown below (in thousands):

 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Depreciation expense:
 
 
 
 
 
 
 
Cost of sales
$
3,125

 
$
648

 
$
5,523

 
$
1,985

Sales and marketing
420

 
219

 
1,133

 
622

Product development
399

 
353

 
1,453

 
1,021

General and administrative
2,231

 
1,007

 
4,773

 
2,805

Total depreciation expense
$
6,175

 
$
2,227

 
$
12,882

 
$
6,433