v3.26.1
Property, Plant and Equipment, net
6 Months Ended
Jun. 30, 2026
Property, Plant and Equipment, net  
Property, Plant and Equipment, net

Note 5 – Property, Plant and Equipment, net

Depreciation expense associated with property, plant and equipment was $7,576 and $8,531 for the six months ended June 30, 2026 and 2025, respectively.

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

(thousands)

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Land and improvements

$

1,932

$

1,880

Buildings and improvements

 

54,325

 

55,331

Machinery and equipment

 

352,266

 

354,178

Furniture and fixtures

 

28,946

 

28,981

Construction in progress

 

55,725

 

41,956

Total property plant and equipment

$

493,194

$

482,326

Accumulated depreciation

(thousands)

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Land and improvements

$

647

$

533

Buildings and improvements

 

32,042

 

31,691

Machinery and equipment

 

296,771

 

292,736

Furniture and fixtures

 

16,081

 

16,062

Total accumulated depreciation

$

345,541

$

341,022

Asset Impairment charges of $226 and $12,100 were recorded for the six months ended June 30, 2026 and 2025, respectively, in association with the closing of the Osceola, Arkansas plant and the removal of assets prior to the end of their useful lives. See Note 16 – Restructuring for additional information.