PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Sep. 30, 2024

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

5.    PROPERTY, PLANT AND EQUIPMENT

Property, plant, and equipment is classified as follows:

		September 30,		December 31,
	Useful lives	2024		2023
Land		$	1,786	$	973
Building and improvements	5 - 39 years		29,090		26,201
Machinery, equipment, tools and dies	3 - 15 years		107,222		99,711
Construction in progress			8,138		9,300
Furniture, fixtures and other	3 - 10 years		25,322		24,439
			171,558		160,624
Less accumulated depreciation			(103,162)		(93,161)
Property, plant, and equipment, net		$	68,396	$	67,463

Depreciation expense was $3,312 and $3,346 for the three months ended September 30, 2024 and 2023, respectively. For the nine months ended September 30, 2024 and 2023, depreciation expense was approximately $9,667 and $9,730, respectively.