Property, Plant and Equipment, Net

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment, Net

Property, Plant and Equipment, Net

8. Property, Plant and Equipment, Net

Property, plant, and equipment, which include assets recorded under finance leases, are stated at cost less accumulated depreciation, and amortization, and consist of the following:

	Estimated Useful Lives	December 31,
	(in Years)	2023		2022
Land	N/A	$	6,288	$	6,687
Buildings and improvements	7 – 40		23,316		24,307
Leasehold improvements	Shorter of life of improvement or lease term		37,930		37,383
Vehicles	5 – 7		443		289
Machinery and equipment	5 – 15		25,755		26,820
Computer equipment and software	3 – 8		103,011		108,898
Furniture and fixtures	5 – 15		8,597		8,574
Finance lease right-of-use assets	Shorter of life of the asset or lease term		66,168		66,256
			271,508		279,214
Less: Accumulated depreciation and amortization			(213,142)		(207,520)
Property, plant and equipment, net		$	58,366	$	71,694

Depreciation expense related to property, plant and equipment was $20.0 million and $24.5 million for the years ended December 31, 2023 and 2022, respectively.