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EXCEL - IDEA: XBRL DOCUMENT - CHROMCRAFT REVINGTON INCFinancial_Report.xls
10-K - CHROMCRAFT REVINGTON, INC 10-K 12-31-2011 - CHROMCRAFT REVINGTON INCform10k.htm
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EX-31.1 - EXHIBIT 31.1 - CHROMCRAFT REVINGTON INCex31_1.htm
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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2011
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
Note 3.   Property, Plant and Equipment

Property, plant and equipment at December 31, 2011 and 2010 consisted of the following:

   
2011
  
2010
 
Land
 $324  $324 
Buildings and improvements
  18,438   18,438 
Machinery and equipment
  23,159   23,136 
Leasehold improvements
  737   769 
Construction in progress
  -   20 
    42,658   42,687 
Less accumulated depreciation and amortization
  (36,175)  (35,452)
   $6,483  $7,235 
 
In the fourth quarter of 2010, the Company determined that the remaining capitalized costs for a new information technology system in construction in progress were not recoverable.  This determination was based on the Company's assessment that it was not in the best interest of the Company to pursue the completion of the system and incur the related costs.  As a result, the Company recorded a $350 asset impairment charge in selling, general, and administrative expense in 2010.  The Company is considering alternative enhancements to its information technology system that would be more cost effective and a better fit for the Company's operations going forward.