Property, Plant And Equipment

8.	PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment are summarized as follows (in thousands):


	December 31,
	2011			2010
Property, plant and equipment, net:
Buildings and improvements (including leasehold improvements)	$	500,040		$	501,401
Laboratory and manufacturing equipment		199,693			168,711
Office and computer equipment		211,936			116,479
Capitalized leased equipment		10,878			10,865
Construction in progress		60,746			82,334

Subtotal		983,293			879,790
Less accumulated depreciation and amortization (including $10,546 and $10,451 relating to capitalized leased equipment for 2011 and 2010, respectively)		(358,263	)		(316,367	)

Subtotal		625,030			563,423
Land		149,376			137,812

Total	$	774,406		$	701,235

In September 2011, we completed the purchase of a clinical biologics manufacturing facility and certain process development assets located in Oceanside, California. We paid a total purchase price of $28.3 million in cash including transaction costs. We accounted for this transaction as an asset acquisition. The purchase price was allocated based on the fair value of the acquired tangible assets, which consisted primarily of property, plant and equipment.

- 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.

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