PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

The composition of property, plant and equipment is as follows (dollar amounts in thousands):

As of December 31,	2023		2022
Land and improvements	$	351	$	668
Buildings and improvements	32,853		32,055
Machinery and equipment	31,539		31,577
Furniture and fixtures	6,126		11,669
Computer software and hardware	68,887		61,180
	139,756		137,149
Accumulated depreciation and amortization	(94,756)		(90,987)
Total property, plant and equipment	$	45,000	$	46,162

Depreciation expense was $11.8 million and $11.0 million for the years ended December 31, 2023 and 2022, respectively.

Capitalized interest was immaterial for the years ended December 31, 2023 and 2022.