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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
The carrying values of property, plant and equipment were as follows: 
 December 31,
 20242023
 (In thousands)
Land and land improvements$24,841 $27,627 
Buildings and leasehold improvements125,292 108,960 
Machinery and equipment687,430 666,527 
Computer equipment and software145,281 132,668 
Construction in process174,811 157,056 
Gross property, plant and equipment1,157,655 1,092,838 
Accumulated depreciation(662,030)(641,769)
Net property, plant and equipment$495,625 $451,069 
Depreciation Expense
We recognized depreciation expense in income from continuing operations of $56.4 million, $51.4 million, and $46.7 million in 2024, 2023, and 2022, respectively.

Gain on Sale of Assets
During 2022, we sold certain real estate in the United States for $42.2 million, net of transaction costs and recognized a $37.9 million pre-tax gain on sale. This gain on sale was excluded from Segment EBITDA of our Automation Solutions segment.
Sale-Leasebacks
During 2023, we sold certain real estate in Canada as part of a sale and leaseback transaction for CAD$18.6 million (approximately $13.8 million), net of transaction costs and recognized a $12.1 million pre-tax gain on sale. This gain on sale was excluded from Segment EBITDA of our Automation Solutions segment. The lease is for a term of 10 years and as of December 31, 2024, had a total right-of-use asset balance of $8.6 million.