v3.25.1
PROPERTY, PLANT AND EQUIPMENT
 3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
A summary of property, plant and equipment as of March 31, 2025 and December 31, 2024 is as follows (in thousands):
March 31, 2025December 31, 2024
 (unaudited)
Land$4,006 $4,006 
Buildings and leasehold improvements61,012 60,642 
Machinery and equipment292,838 289,384 
Furniture and fixtures10,782 10,675 
Capitalized ERP system development costs45,903 45,903 
Computers and computer software19,163 19,067 
Automobiles2,726 2,723 
Construction in progress870 757 
Total437,300 433,157 
Accumulated depreciation and amortization(326,355)(320,322)
Property, plant and equipment, net$110,945 $112,835 
Included in the table above are assets under finance leases of $8.3 million and $7.7 million as of March 31, 2025 and December 31, 2024, respectively, and related accumulated amortization of $3.4 million and $3.2 million as of March 31, 2025 and December 31, 2024, respectively.
Depreciation expense for the three months ended March 31, 2025 and 2024 was $4.7 million and $5.3 million, respectively, of which $3.1 million and $3.6 million, respectively, was included in “Operating expenses” and $1.6 million and $1.8 million, respectively, was included in “Selling, general and administrative expenses” on our condensed consolidated statements of operations.