WTS » Topics » (8) Property, Plant and Equipment

These excerpts taken from the WTS 10-K filed Feb 27, 2009.

Property, Plant and Equipment

        Property, plant and equipment are recorded at cost. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets, which range from 10 to 40 years for buildings and improvements and 3 to 15 years for machinery and equipment.

(8) Property, Plant and Equipment

        Property, plant and equipment consists of the following:

 
  December 31,  
 
  2008   2007  
 
  (in millions)
 

Land

  $ 14.9   $ 13.7  

Buildings and improvements

    149.4     132.6  

Machinery and equipment

    293.5     270.5  

Construction in progress

    7.6     20.6  
           

    465.4     437.4  

Accumulated depreciation

    (228.0 )   (213.7 )
           

  $ 237.4   $ 223.7  
           

78



Watts Water Technologies, Inc. and Subsidiaries

Notes to Consolidated Financial Statements (Continued)

This excerpt taken from the WTS 10-K filed Feb 29, 2008.

(8) Property, Plant and Equipment

        Property, plant and equipment consists of the following:

 
  December 31,
 
 
  2007
  2006
 
 
  (in millions)

 
Land   $ 13.7   $ 12.5  
Buildings and improvements     132.6     124.3  
Machinery and equipment     270.5     247.4  
Construction in progress     20.6     7.7  
   
 
 
      437.4     391.9  
Accumulated depreciation     (213.7 )   (185.7 )
   
 
 
    $ 223.7   $ 206.2  
   
 
 
This excerpt taken from the WTS 10-K filed Mar 1, 2007.

(8) Property, Plant and Equipment

Property, plant and equipment consists of the following:

 

 

December 31,

 

 

 

2006

 

2005

 

 

 

(in thousands)

 

Land

 

$

12,532

 

$

12,274

 

Buildings and improvements

 

124,321

 

99,217

 

Machinery and equipment

 

247,352

 

210,695

 

Construction in progress

 

7,718

 

6,626

 

 

 

391,923

 

328,812

 

Accumulated depreciation

 

(185,763

)

(163,813

)

 

 

$

206,160

 

$

164,999

 

 

75






Watts Water Technologies, Inc. and Subsidiaries
Notes to Consolidated Financial Statements (Continued)

This excerpt taken from the WTS 10-K filed Mar 3, 2006.
(8) Property, Plant and Equipment

Property, plant and equipment consists of the following:

 

 

December 31,

 

 

 

2005

 

2004

 

 

 

(in thousands)

 

Land

 

$

12,274

 

$

9,567

 

Buildings and improvements

 

99,217

 

84,876

 

Machinery and equipment

 

210,695

 

222,274

 

Construction in progress

 

6,626

 

4,938

 

 

 

328,812

 

321,655

 

Accumulated Depreciation

 

(163,813

)

(170,966

)

 

 

$

164,999

 

$

150,689

 

 

This excerpt taken from the WTS 10-K filed Mar 16, 2005.

Property, Plant and Equipment

Property, plant and equipment are recorded at cost. Depreciation is provided on a straight-line basis over the estimated useful lives of the assets, which range from 10 to 40 years for buildings and improvements and 3 to 15 years for machinery and equipment.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki