Property, Plant, and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Components of Property, Plant, and Equipment

The table below sets forth the depreciation expense recognized during the years ended December 31 (in thousands):

	2023		2022		2021
Depreciation expense	$	16,139	$	14,583	$	13,110

Components of property, plant, and equipment at December 31 consisted of the following (in thousands):

	2023		2022
Land and land improvements	$	4,544	$	4,704
Building and improvements	43,732		43,416
Machinery and equipment	231,275		223,843
Construction in progress	17,391		13,065
Property, plant, and equipment, gross	296,942		285,028
Less: accumulated depreciation	(189,339)		(175,444)
Property, plant, and equipment, net	$	107,603	$	109,584