Property and Equipment, Net (Tables)

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following components (dollars in thousands):

	March 31, 2026		December 31, 2025
Land and land improvements	$	7,210	$	7,290
Buildings	66,410		66,590
Machinery and equipment	449,310		450,960
	522,930		524,840
Less: Accumulated depreciation	279,390		277,330
Property and equipment, net	$	243,540	$	247,510

Depreciation Expense

Depreciation expense as included in the accompanying consolidated statement of income is as follows (dollars in thousands):

	Three months ended March 31,
	2026		2025
Depreciation expense, included in cost of sales	$	7,970	$	7,390
Depreciation expense, included in selling, general and administrative expenses	220		250
Total depreciation expense	$	8,190	$	7,640