PROPERTY, PLANT AND EQUIPMENT |
9. PROPERTY, PLANT AND EQUIPMENT | | | | | | | | | | | | | June 28, 2025 | | March 29, 2025 | | | | | | (Dollars in Thousands) | Land | $ | 2,145 | | | $ | 1,985 | | Building and building improvements | 109,957 | | | 105,079 | | Plant equipment and machinery | 183,666 | | | 181,825 | | Office equipment and information technology | 132,055 | | | 130,924 | | Haemonetics equipment | 345,314 | | | 395,152 | | Construction in progress | 21,961 | | | 22,229 | | Property, plant and equipment, at cost | 795,098 | | | 837,194 | | Less: accumulated depreciation | (508,233) | | | (553,142) | | Property, plant and equipment, net | $ | 286,865 | | | $ | 284,052 | |
During the three months ended June 28, 2025 and June 29, 2024 depreciation expense was $15.4 million and $14.6 million, respectively.
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