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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment as of December 31, 2025 and 2024 were as follows:
20252024
Land$35,651 $25,143 
Building and improvements178,248 149,783 
Machinery and equipment321,879 272,188 
Construction in progress69,009 35,919 
Property, plant and equipment, at cost604,787 483,033 
Less: accumulated depreciation(291,364)(253,501)
Total property, plant and equipment, net$313,423 $229,532 
As of December 31, 2025 and 2024, PP&E includes $1.4 million and $1.0 million, respectively, of finance lease assets and future minimum lease payments. See Note 6, Leases, for additional information.
The Company recorded $30.4 million. $25.9 million, and $23.8 million of depreciation expense during the years ended December 31, 2025, 2024 and 2023, respectively.