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Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net

6. Property, Plant and Equipment, net

Property, plant and equipment consists of:

 

 

 

Estimated Useful

 

December 31,

 

 

 

Lives

 

2022

 

 

2021

 

 

 

 

 

(In thousands)

 

Land improvements

 

10-25 years

 

$

7,240

 

 

$

7,374

 

Buildings

 

15-40 years

 

 

169,315

 

 

 

206,037

 

Machinery, equipment and other

 

3-10 years

 

 

385,745

 

 

 

398,995

 

 

 

 

 

 

562,300

 

 

 

612,406

 

Less accumulated depreciation

 

 

 

 

(410,850

)

 

 

(419,834

)

 

 

 

 

 

151,450

 

 

 

192,572

 

Land

 

 

 

 

9,858

 

 

 

12,261

 

Construction work in process

 

 

 

 

19,962

 

 

 

11,367

 

Total property, plant and equipment

 

 

 

$

181,270

 

 

$

216,200

 

 

Depreciation expense totaled $26.6 million, $27.2 million and $28.7 million for 2022, 2021 and 2020, respectively.