Property and Equipment

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Property and equipment consists of the following:

	December 31,
(in thousands)	2024		2023
Land	$	15,596	$	15,596
Buildings and improvements	137,461		133,033
Machinery and equipment	236,675		235,527
Computer hardware and software	89,699		86,659
Leasehold improvements	4,528		4,609
Construction in progress	5,632		8,410
Total	489,591		483,834
Accumulated depreciation and amortization	(262,328)		(230,179)
Property and equipment, net	$	227,263	$	253,655

Depreciation expense for the years ended December 31, 2024, 2023 and 2022 was $32.1 million, $31.6 million and $33.4 million, respectively.