Property, Plant, and Equipment

9 Months Ended

Dec. 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 December 28, 2024 and December 30, 2023 was $7.8 million and $6.9 million, respectively. Depreciation expense for the nine months ended December 28, 2024 and December 30, 2023 was $22.0 million and $16.2 million, respectively.

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


(Dollars in thousands)	December 28, 2024			March 30, 2024
Land and improvements	$	77,941		$	72,188
Buildings and improvements		194,690			183,109
Machinery and equipment		158,664			142,870
Construction in progress		21,880			20,469
Property, plant, and equipment, at cost		453,175			418,636
Less: accumulated depreciation		(149,009	)		(127,706	)
Property, plant, and equipment, net	$	304,166		$	290,930