HAR » Topics » Note 3 - Property, Plant and Equipment

This excerpt taken from the HAR 8-K filed Jun 15, 2009.

Note 3 - Property, Plant and Equipment

Property, plant and equipment are composed of the following:

 

     June 30,  

($000s omitted)

   2008     2007  

Land

   $ 14,659      14,738   

Buildings and improvements

     311,336      269,968   

Machinery and equipment

     1,082,359      905,293   

Furniture and fixtures

     46,749      41,386   
              
     1,455,103      1,231,385   

Less accumulated depreciation and amortization

     (815,061   (639,409
              

Property, plant and equipment, net

   $ 640,042      591,976   
              
These excerpts taken from the HAR 10-K filed Aug 29, 2008.
Property, Plant and Equipment. Property, plant and equipment is stated at cost or, in the case of capitalized leases, at the present value of the future minimum lease payments. Depreciation and amortization of property, plant and equipment is computed primarily using the straight-line method over useful lives estimated from 1 to 50 years or over the term of the lease, whichever is shorter. Buildings and improvements are depreciated over 1 to 50 years, machinery and equipment are depreciated over 3 to 20 years and furniture and fixtures are depreciated over 3 to 10 years.  See Note 3, Property, Plant and Equipment, for additional information.

Property, Plant and Equipment.
Property, plant and equipment is stated at cost or, in the case of
capitalized leases, at the present value of the future minimum lease payments.
Depreciation and amortization of property, plant and equipment is computed
primarily using the straight-line method over useful lives estimated from
1 to 50 years or over the term of the lease, whichever is shorter.
Buildings and improvements are depreciated over 1 to 50 years, machinery and
equipment are depreciated over 3 to 20 years and furniture and fixtures are
depreciated over 3 to 10 years.  See Note 3, Property, Plant and Equipment, for additional
information.



This excerpt taken from the HAR 10-K filed Sep 6, 2006.
Property, Plant and Equipment. Property, plant and equipment is stated at cost or, in the case of capitalized leases, at the present value of the future minimum lease payments. Depreciation and amortization of property, plant and equipment is computed primarily using the straight-line method over useful lives estimated from 3 to 30 years or over the term of the lease, whichever is shorter. Buildings and improvements are depreciated over 3 to 30 years, machinery and equipment are depreciated over 5 to 10



years and furniture and fixtures are depreciated over 3 years. See Note 3, Property, Plant and Equipment, for additional information.

This excerpt taken from the HAR 10-K filed Sep 7, 2005.

Note 3-Property, Plant and Equipment

Property, plant and equipment are composed of the following:

June 30,

($000s omitted)

2005 

2004 

   

Land

$

12,085 

   

10,396 

Buildings and improvements

213,442 

193,599 

Machinery and equipment

651,454 

559,663 

Furniture and fixtures

97,567 

76,548 

974,548 

840,206 

Less accumulated depreciation and amortization

(482,929)

(406,115)

Property, plant and equipment, net

$

491,619 

434,091 


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