Property, Plant, and Equipment

6 Months Ended

Sep. 28, 2024

Property, Plant and Equipment [Abstract]

4. 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 September 28, 2024 and September 30, 2023 was $6.5 million and $4.7 million, respectively. Depreciation expense for the six months ended September 28, 2024 and September 30, 2023 was $14.2 million and $9.3 million, respectively.

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


(Dollars in thousands)	September 28, 2024			March 30, 2024
Land and improvements	$	75,004		$	72,188
Buildings and improvements		192,169			183,109
Machinery and equipment		154,384			142,870
Construction in progress		21,403			20,469
Property, plant, and equipment, at cost		442,960			418,636
Less: accumulated depreciation		(142,120	)		(127,706	)
Property, plant, and equipment, net	$	300,840		$	290,930