XML 40 R30.htm IDEA: XBRL DOCUMENT v3.23.1
Property and Equipment (Tables)
3 Months Ended
Mar. 31, 2023
Property Plant And Equipment [Abstract]  
Property and Equipment, Net

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

 

 

Estimated Useful

 

 

 

 

 

 

Life (Years)

 

 

March 31, 2023

 

 

December 31, 2022

 

Land

 

 

 

 

$

875

 

 

$

875

 

Buildings

 

39-40

 

 

 

17,389

 

 

 

17,389

 

Building improvements

 

5-40

 

 

 

43,113

 

 

 

38,952

 

Machinery and equipment

 

3-15

 

 

 

58,987

 

 

 

58,542

 

Furniture, fixtures and office equipment

 

5-10

 

 

 

2,976

 

 

 

2,976

 

Computer equipment and software

 

 

3

 

 

 

8,246

 

 

 

8,246

 

Construction in progress

 

 

 

 

 

22,804

 

 

 

16,706

 

 

 

 

 

 

 

154,390

 

 

 

143,686

 

Less accumulated depreciation

 

 

 

 

 

(99,553

)

 

 

(98,560

)

Total property and equipment, net

 

 

 

 

$

54,837

 

 

$

45,126

 

Depreciation Expense Related to Property and Equipment

Depreciation expense related to property and equipment was as follows (in thousands):

 

 

Three Months
Ended March 31,

 

 

 

2023

 

 

2022

 

Depreciation Expense

 

$

1,038

 

 

$

599