v3.26.1
Property and Equipment, Net (Notes)
 6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Property and Equipment, Net Property and Equipment, Net
Property and equipment consists of the following components (dollars in thousands):
June 30, 2026December 31, 2025
Land and land improvements$7,150 $7,290 
Buildings66,920 66,590 
Machinery and equipment453,430 450,960 
527,500 524,840 
Less: Accumulated depreciation286,710 277,330 
Property and equipment, net$240,790 $247,510 
Depreciation expense as included in the accompanying consolidated statement of income is as follows (dollars in thousands):
Three months ended June 30, Six months ended June 30,
2026202520262025
Depreciation expense, included in cost of sales$8,540 $7,720 $16,510 $15,110 
Depreciation expense, included in selling, general and administrative expenses220 230 440 480 
Total depreciation expense$8,760 $7,950 $16,950 $15,590