Note 3 - Property, Plant and Equipment

3 Months Ended

Mar. 31, 2021

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3 – Property, Plant and Equipment:

	March 31,			December 31,
	2021			2020
Refrigeration Equipment	$	111,536		$	107,703
Machinery and Equipment		115,613			106,176
Building, Land, and Improvements		103,850			101,786
Furniture and Office Equipment		5,883			5,687
Leasehold Improvements		1,314			1,301
Automotive Equipment		65			160
Construction in Progress		85,671			44,497
		423,931			367,310
Less: Accumulated Depreciation		(92,560	)		(86,237	)
Property, plant and equipment, net	$	331,371		$	281,073

Depreciation expense related to property, plant and equipment totaled $6,585 for the three months ended March 31, 2021, of which $3,800 was recorded to cost of goods sold for the three months ended March 31, 2021, with the remainder of depreciation and amortization expense recorded to selling, general and administrative expense.

Depreciation expense related to property, plant and equipment totaled $4,373 for the three months ended March 31, 2020, of which $1,744 was recorded to cost of goods sold for the three months ended March 31, 2020, with the remainder of depreciation and amortization expense recorded to selling, general and administrative expense.