Property, Plant and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2024

Property, Plant and Equipment, Net

Schedule of Property, Plant and Equipment, Net

(Thousands)	Depreciable Lives	March 31, 2024		December 31, 2023
Land		$	8,756	$	8,778
Buildings	10-40 years		45,975		35,911
Leasehold improvements(1)			12,465		9,800
Plant equipment	3-15 years		130,648		128,639
Vehicles and transportation equipment	3-5 years		632		648
IT systems	3-7 years		12,576		8,909
Furniture and fixtures	3-10 years		3,289		3,294
Customer beverage equipment(2)	3-5 years		22,982		22,931
Lease right-of-use assets(3)			81		81
Construction in progress and equipment deposits			251,852		208,308
			489,256		427,299
Less: accumulated depreciation			(88,417)		(83,261)
Property, plant and equipment, net		$	400,839	$	344,038

1 - Leasehold improvements are amortized over the shorter of their estimated useful lives or the related lease life.

2 - Customer beverage equipment consists of brewers held on site at customer locations.

3 - Lease right-of-use assets are amortized over the shorter of the useful life of the asset or the lease term.