Property, Plant, and Equipment, Net

12 Months Ended

Dec. 31, 2025

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE 7 — PROPERTY, PLANT AND EQUIPMENT, NET

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

	As of December 31,
(in thousands)	2025		2024
Land and improvements	$	33,021	$	32,862
Buildings and improvements	235,969		226,336
Machinery, software and equipment	420,565		405,909
Furniture and fixtures	137,640		127,366
Leasehold improvements	202,585		184,800
Construction in progress	13,375		15,420
	1,043,155		992,693
Less accumulated depreciation	(764,024)		(709,785)
	$	279,131	$	282,908

Depreciation expense for Property, plant and equipment, net was $56.8 million, $55.3 million, and $56.4 million for the years ended December 31, 2025, 2024 and 2023, respectively.

Impairment charges recorded for PP&E related to certain underperforming retail locations were $10.1 million for the year ended December 31, 2025 and were not material for the years ended December 31, 2024 and 2023.