PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

The composition of property, plant and equipment is as follows (dollar amounts in thousands):

As of December 31,	2022		2021
Land and improvements	$	668	$	351
Buildings and improvements	32,055		32,845
Machinery and equipment	31,577		30,631
Furniture and fixtures	11,669		12,237
Computer software and hardware	61,180		57,535
	137,149		133,599
Accumulated depreciation and amortization	(90,987)		(82,742)
Total property, plant and equipment	$	46,162	$	50,857

Depreciation expense was $11.0 million and $11.1 million for the years ended December 31, 2022 and 2021, respectively.

Capitalized interest was immaterial for the years ended December 31, 2022 and 2021.