Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment at December 31, 2019 and December 31, 2018 consisted of the following:

	December 31, 2019		December 31, 2018
Right-of-use finance lease assets (1)	$	506	$	—
Land and improvements	5,407		5,457
Buildings and improvements	27,600		26,254
Machinery and equipment	108,474		101,492
Construction-in-progress	4,214		3,802
	146,201		137,005
Less: Accumulated depreciation	(75,925)		(61,839)
Property, plant and equipment, net	$	70,276	$	75,166

(1) Commencing on January 1, 2019, the Company recognizes right-of-use finance lease assets in accordance with ASC 842. Prior to January 1, 2019, the Company recognized such assets in accordance with ASC 840. As such, the assets were recorded in buildings and improvements and machinery and equipment based on the asset’s classification. Prior period results continue to be reported under the accounting standards in effect for those periods.