| Property, Plant, and Equipment |
Depreciation is provided for on a straight-line basis over the estimated useful lives of the related assets as follows:
| | | | | | | | | | Building and building improvements | | 20 years | | Manufacturing machinery and equipment | | 7 to 10 years | | Equipment and tooling | | 3 to 5 years | | Computer hardware and software | | 3 to 5 years | | Office furniture and equipment | | 3 to 5 years | | Leasehold improvements | | 2 to 15 years | | Vehicle | | 5 years |
Property, plant and equipment, net | | | | | | | | | | | | | June 30, | | 2026 | | 2025 | | (in thousands) | | Land | $ | 4,877 | | | $ | 4,877 | | | Building and building improvements | 73,292 | | | 71,961 | | | Manufacturing machinery and equipment | 472,841 | | | 442,462 | | | Equipment and tooling | 40,960 | | | 37,918 | | | Computer equipment and software | 54,238 | | | 53,509 | | | Office furniture and equipment | 3,642 | | | 3,267 | | | Leasehold improvements | 43,967 | | | 43,901 | | | | | | | 693,817 | | | 657,895 | | | Less: accumulated depreciation and amortization | (421,809) | | | (371,836) | | | 272,008 | | | 286,059 | | | Equipment and construction in progress | 42,663 | | | 28,038 | | | Property, plant and equipment, net | $ | 314,671 | | | $ | 314,097 | |
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| Intangible Asset, Finite-Lived |
Intangible assets, net | | | | | | | | | | | | | June 30, | | 2026 | | 2025 | | (in thousands) | | Patents and technology rights | $ | 18,037 | | | $ | 18,037 | | | Software license | 1,485 | | | — | | | Trade name | 268 | | | 268 | | | Customer relationships | 1,150 | | | 1,150 | | | 20,940 | | | 19,455 | | | Less: accumulated amortization | (19,862) | | | (19,455) | | | 1,078 | | | — | | | Goodwill | 269 | | | 269 | | | Intangible assets, net | $ | 1,347 | | | $ | 269 | |
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