Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, Plant and Equipment consist of the following at December 31:

(in thousands)	Range of useful lives	2022			2021
Land		$	7,171		$	7,171
Buildings and improvements	10-40 years		137,567			128,387
Machinery and equipment	2-25 years		425,713			375,860
Construction in progress			18,484			20,906
			588,935			532,324
Less: accumulated depreciation			(270,751	)		(240,004	)
Total property, plant and equipment, net		$	318,184		$	292,320

Schedule of Damaged and obsolete Fixed Asset Write-Offs, Disposal Costs, Insurance Recoveries for Ola, Arkansas Sawmill Fire and Net Gain on Fire Damage

Damaged and obsolete fixed asset write-offs, disposal costs, insurance recoveries for the Ola, Arkansas sawmill fire and net gain on fire damage consist of the following for the year ended December 31:

(in thousands)	2022			2021
Fixed asset write-offs		-			(9,544	)
Disposal costs		(924	)		(2,595	)
Total fixed asset loss on disposal		(924	)		(12,139	)
Insurance recoveries		35,000			15,000
Gain on fire damage at Ola		34,076			2,861
Insurance recoveries on timberlands fire damage		429			500
Gain on fire damage		34,505			3,361