Property, Plant, and Equipment

3 Months Ended

Jul. 02, 2022

Property, Plant and Equipment [Abstract]

3. Property, Plant, and Equipment

Property, plant, and equipment are stated at cost. Depreciation is calculated primarily on a straight-line basis, generally over the following estimated useful lives: land improvements – 3 to 10 years; buildings and improvements – 8 to 25 years; and vehicles and machinery and equipment – 3 to 8 years. Depreciation expense for the three months ended July 2, 2022 and July 3, 2021 was $3.7 million and $3.3 million, respectively.

The components of property, plant, and equipment were as follows:


(Dollars in thousands)	July 2, 2022			April 2, 2022
Land and improvements	$	40,502		$	39,815
Buildings and improvements		110,338			104,085
Machinery and equipment		73,244			69,518
Construction in progress		14,789			10,280
Property, plant, and equipment, at cost		238,873			223,698
Less: accumulated depreciation		(93,940	)		(90,713	)
Property, plant, and equipment, net	$	144,933		$	132,985