v3.25.2
PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2025
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

3.          PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

June 30,

December 31,

(in thousands)

    

2025

2024

Land and improvements

$

22,662

$

22,580

Buildings and improvements

 

91,242

 

85,993

Machinery and equipment

 

93,803

 

93,275

Furniture and fixtures

 

14,238

 

14,732

Software costs

 

15,459

 

15,845

TOTAL PROPERTY, PLANT AND EQUIPMENT, gross

 

237,404

 

232,425

Less accumulated depreciation

 

(121,434)

 

(116,446)

TOTAL PROPERTY, PLANT AND EQUIPMENT, net

$

115,970

$

115,979

For the three months ended June 30, 2025 and 2024, depreciation expense related to property, plant and equipment was $3.7 million and $3.5 million, respectively. For the six months ended June 30, 2025 and 2024, depreciation expense related to property, plant and equipment was $7.4 million and $7.0 million, respectively.