v3.26.1
Property, Plant and Equipment
3 Months Ended
Mar. 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 8. Property, Plant and Equipment

Property, plant and equipment, net consisted of the following:

 

 

March 31, 2026

 

 

December 31, 2025

 

Land

 

$

 

66,760

 

 

$

 

63,336

 

Building

 

 

 

124,163

 

 

 

 

109,479

 

Leasehold improvements

 

 

 

34,867

 

 

 

 

38,658

 

Machinery, equipment and furniture and fixtures

 

 

 

293,321

 

 

 

 

284,833

 

Construction in progress

 

 

 

22,272

 

 

 

 

22,321

 

Property, plant and equipment, gross

 

 

 

541,383

 

 

 

 

518,627

 

Less: accumulated depreciation

 

 

 

(133,049

)

 

 

 

(120,698

)

Property, plant and equipment, net

 

$

 

408,334

 

 

$

 

397,929

 

 

Depreciation expense was $15,505 and $14,914 for the three months ended March 31, 2026 and 2025, respectively.