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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2019
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
NOTE 5 — Property, Plant and Equipment
Property, plant and equipment is comprised of the following:
 
As of December 31,
 
2019
2018
Land and land improvements
$
1,095

$
1,136

Buildings and improvements
68,350

70,522

Machinery and equipment
224,312

231,619

Less: Accumulated depreciation
(188,719
)
(203,876
)
Property, plant and equipment, net
$
105,038

$
99,401


Depreciation expense recorded in the Consolidated Statements of Earnings includes the following:
 
For the Years Ended
 
2019
2018
2017
Depreciation expense
$
16,849

$
15,697

$
14,071