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Property, Plant and Equipment
6 Months Ended
Jun. 30, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

8. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

 

 

 

June 30,

 

 

December 31,

 

(In thousands)

 

2024

 

 

2023 (1)

 

Land

 

$

957

 

 

$

957

 

Building and improvements

 

 

131,819

 

 

 

132,735

 

Furniture, fixtures and equipment

 

 

242,823

 

 

 

237,728

 

Leasehold improvements

 

 

39,971

 

 

 

39,893

 

Construction in progress

 

 

49,354

 

 

 

45,791

 

Subtotal

 

 

464,924

 

 

 

457,104

 

Less: accumulated depreciation

 

 

(242,186

)

 

 

(230,161

)

Total property, plant and equipment, net

 

$

222,738

 

 

$

226,943

 

 

(1)
In connection with the sale of the Athlone Facility, $92.2 million of the Company’s property, plant and equipment was classified as “Assets held for sale” in the accompanying condensed consolidated balance sheet at December 31, 2023 and was not included in these amounts.