Property, Plant, and Equipment

6 Months Ended

Jun. 29, 2024

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

Property, Plant, and Equipment

The components of net property, plant, and equipment at June 29, 2024 and December 30, 2023 are as follows:

(in thousands)	June 29, 2024		December 30, 2023
Land and land improvements	$	17,948	$	22,212
Building and building improvements	191,584		202,764
Machinery and equipment	867,976		859,060
Accumulated depreciation	(604,971)		(590,883)
Total	$	472,537	$	493,153

The Company recorded depreciation expense of $17.1 million and $18.0 million for the three months ended June 29, 2024 and July 1, 2023, respectively, and $33.7 million and $35.6 million for the six months ended June 29, 2024 and July 1, 2023, respectively.