Depreciation is computed using the straight-line method over the following useful lives: | | | | | | | | | | | | | Years | | Buildings and improvements | 10 | - | 30 | | Machinery and equipment | 3 | - | 25 | | Office furniture and equipment | 3 | - | 10 | | Internally developed software | 5 | - | 7 |
Property, plant and equipment, net consisted of the following: | | | | | | | | | | | | | March 31, | | 2026 | | 2025 | | Land, buildings and improvements | $ | 63,989 | | | $ | 60,233 | | | Machinery and equipment | 68,130 | | | 61,079 | | | Office furniture and equipment | 21,367 | | | 18,945 | | | Internally developed software | 5,213 | | | 5,213 | | | Construction in progress | 2,974 | | | 3,127 | | | Property, plant and equipment at cost | 161,673 | | | 148,597 | | | Accumulated depreciation | (81,934) | | | (75,773) | | | Property, plant and equipment, net | $ | 79,739 | | | $ | 72,824 | | | | | |
|