Schedule of Property, Plant and Equipment, Net |
| | | | | | | | | (Dollars in Thousands) | | Depreciable Lives | | March 31, 2025 | | December 31, 2024 | Land | | | | $ | 5,160 | | $ | 6,581 | Buildings | | 10-40 years | | | 182,650 | | | 175,171 | Leasehold improvements(1) | | | | | 12,330 | | | 12,320 | Plant equipment | | 3-15 years | | | 251,150 | | | 249,933 | Vehicles and transportation equipment | | 3-5 years | | | 281 | | | 615 | IT systems | | 3-7 years | | | 12,869 | | | 12,717 | Furniture and fixtures | | 3-10 years | | | 7,342 | | | 7,373 | Customer beverage equipment(2) | | 3-5 years | | | 21,985 | | | 21,826 | Lease right-of-use assets(3) | | | | | 80 | | | 81 | Construction in progress and equipment deposits | | | | | 93,317 | | | 85,279 | | | | | | 587,164 | | | 571,896 | Less: accumulated depreciation | | | | | (110,894) | | | (104,885) | Property, plant and equipment, net | | | | $ | 476,270 | | $ | 467,011 |
1 - Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life. 2 - Customer beverage equipment consists of brewers held on site at customer locations. 3 - Lease right-of-use assets are amortized over the shorter of the useful life of the asset or the lease term.
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