Property, Plant and Equipment |
Property, Plant and Equipment Our property, plant and equipment consist of the following: | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | Property, plant and equipment: | (in thousands) | Land | $ | 17,148 | | | $ | 17,148 | | Buildings | 329,210 | | | 315,854 | | Machinery and equipment | 494,819 | | | 436,891 | | Furniture and fixtures | 57,235 | | | 50,105 | | Total property, plant and equipment | 898,412 | | | 819,998 | | Less: Accumulated depreciation | 338,933 | | | 309,642 | | Property, plant and equipment, net | $ | 559,479 | | | $ | 510,356 | |
Depreciation expense is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | June 30, 2025 | | June 30, 2024 | | June 30, 2025 | | June 30, 2024 | | (in thousands) | Depreciation expense | $ | 18,267 | | | $ | 12,737 | | | $ | 35,135 | | | $ | 24,468 | |
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