v3.25.1
Property and Equipment:
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
Property and Equipment [Text Block] Property, Plant and Equipment
Property, plant and equipment consists of the following (in thousands): 
As of
 March 31, 2025December 31, 2024
Machinery and equipment(1)
$410,681 $400,861 
Land, building and building improvements(1)
174,125 177,089 
Molds99,480 96,318 
Computer equipment and software(1)
122,237 122,208 
Furniture and fixtures(1)
27,329 27,871 
Instruments placed with customers(2)
131,248 124,290 
Construction in progress(1)
84,790 87,006 
Total property, plant and equipment, cost(1)
1,049,890 1,035,643 
Accumulated depreciation(1)
(607,907)(592,897)
Property, plant and equipment, net(1)
$441,983 $442,746 
______________________________
(1)     As of March 31, 2025 and December 31, 2024, certain property, plant and equipment category account balances that are part of a disposal group that met the criteria for assets held for sale during the fourth quarter of 2024 were combined with other disposal group assets and presented as a separate line item "Assets held For Sale" in our consolidated balance sheets.
(2)    Instruments placed with customers consist of drug-delivery and monitoring systems placed with customers under operating leases.

Depreciation expense was $16.9 million and $22.4 million for the three months ended March 31, 2025 and 2024, respectively, of which $14.8 million and $19.4 million, respectively, are included in cost of goods sold.