v3.25.2
4. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES: Property, plant, and equipment (Policies)
12 Months Ended
Dec. 31, 2024
Policies  
Property, plant, and equipment

Property, plant, and equipment

Property, plant and equipment are stated at cost. Repair and maintenance costs that do not improve service potential or extend economic life are expensed as incurred. Depreciation and amortization are recorded principally by the straight-line method over the estimated useful lives of the assets, which are reviewed periodically and generally have the following ranges:

 

 

Years

Buildings

10

Machinery and equipment

5 - 15

Office furniture and equipment

2 - 7

Leasehold improvements

4 - 5