PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment and related accumulated depreciation consists of the following as of September 30, 2023 and December 31, 2022:

	September 30, 2023		December 31, 2022
Land	$	31,817	$	31,877
Buildings and Improvements	197,363		197,819
Furniture and Fixtures	19,621		16,189
Computer Equipment and Software	25,422		21,478
Leasehold Improvements	226,797		211,785
Tools and Equipment	89,764		88,507
Vehicles	4,279		4,992
Assets Under Construction (1)	41,380		41,800
Total Property, Plant and Equipment, Gross	636,443		614,447
Less: Accumulated Depreciation	(123,854)		(88,542)
Property, Plant and Equipment, Net	$	512,589	$	525,905

(1) Assets under construction represent construction in progress related to facilities not yet completed or otherwise not placed in service.

For the three months ended September 30, 2023 and September 30, 2022, depreciation expense included in costs of goods sold totaled $8,354 and $8,504, respectively. For the three months ended September 30, 2023 and September 30, 2022, depreciation expense included in selling, general, and administrative expense totaled $4,014 and $2,782, respectively.

For the nine months ended September 30, 2023 and September 30, 2022, depreciation expense included in costs of goods sold totaled $25,410 and $22,871, respectively. For the nine months ended September 30, 2023 and September 30, 2022, depreciation expense included in selling, general, and administrative expense totaled $11,521 and $8,502, respectively.