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Alkermes PLC's quarterly construction in progress increased from Mar. 2015 ($45.5 Mil) to Jun. 2015 ($55.4 Mil) and increased from Jun. 2015 ($55.4 Mil) to Sep. 2015 ($60.3 Mil).
Alkermes PLC's annual construction in progress declined from Mar. 2012 ($44.8 Mil) to Mar. 2013 ($39.4 Mil) but then increased from Mar. 2013 ($39.4 Mil) to Dec. 2014 ($39.8 Mil).
It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.
Alkermes PLC Annual Data
Alkermes PLC Quarterly Data