Property, Plant and Equipment

12 Months Ended

Sep. 30, 2021

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

10. Property, Plant and Equipment

At September 30, 2020, the Company’s property located in Bogotá, Colombia was classified as held for sale on the accompanying consolidated balance sheet.  The property was used for warehousing its rental equipment operations, product sales and service support to its customers in South America.  The Company has been marketing the property since the second quarter of fiscal year 2020.  The carrying value of the property was $0.6 million at September 30, 2020.  During the fourth quarter of fiscal year 2021, the Company commenced negotiations with a prospective tenant to lease the property and anticipates that a lease will be entered into during the first quarter of fiscal year 2022.  As a result of the anticipated leasing arrangement, Company has included the asset’s carrying value in property, plant and equipment on the accompanying consolidated balance sheet as of September 30, 2021.                     

Property, plant and equipment consisted of the following (in thousands):

	AS OF SEPTEMBER 30,
	2021			2020
Land and land improvements	$	7,932		$	7,703
Building and building improvements		24,646			23,998
Machinery and equipment		56,828			55,359
Furniture and fixtures		1,417			1,368
Tools and molds		3,036			2,959
Construction in progress		2,288			1,431
Leasehold improvements		—			88
Transportation equipment		75			75
		96,222			92,981
Accumulated depreciation and impairment		(66,239	)		(63,107	)
	$	29,983		$	29,874

Property, plant and equipment depreciation expense was $4.0 million for each of the fiscal years ended September 30, 2021 and 2020.