v3.25.2
Property, Plant, and Equipment
3 Months Ended
Jun. 28, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

4. Property, Plant, and Equipment

Property, plant, and equipment are stated at cost. Depreciation is calculated primarily on a straight-line basis, generally over the following estimated useful lives: land improvements – 3 to 10 years; buildings and improvements – 8 to 25 years; and vehicles and machinery and equipment – 3 to 8 years. Depreciation expense for the three months ended June 28, 2025 and June 29, 2024 was $9.0 million and $7.7 million, respectively.

The components of property, plant, and equipment were as follows:

 

(Dollars in thousands)

 

June 28, 2025

 

 

March 29, 2025

 

Land and improvements

 

$

85,915

 

 

$

78,936

 

Buildings and improvements

 

 

204,038

 

 

 

197,491

 

Machinery and equipment

 

 

176,190

 

 

 

172,208

 

Construction in progress

 

 

16,177

 

 

 

14,457

 

Property, plant, and equipment, at cost

 

 

482,320

 

 

 

463,092

 

Less: accumulated depreciation

 

 

(165,283

)

 

 

(155,952

)

Property, plant, and equipment, net

 

$

317,037

 

 

$

307,140