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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 5 – Property, Plant and Equipment

Property, plant and equipment at December 31 were:

 

 

2021

 

 

2020

 

Buildings and leasehold improvements

$

276,958

 

 

$

267,700

 

Machinery and equipment

 

962,597

 

 

 

942,405

 

 

 

1,239,555

 

 

 

1,210,105

 

Less: Accumulated depreciation and amortization

 

(836,364

)

 

 

(791,348

)

 

 

403,191

 

 

 

418,757

 

Construction in-progress

 

111,987

 

 

 

45,060

 

Land

 

66,901

 

 

 

66,998

 

 

$

582,079

 

 

$

530,815

 

Depreciation and amortization of property, plant and equipment was $106.2 million, $91.7 million and $91.5 million for the years ended December 31, 2021, 2020 and 2019, respectively. During the fourth quarter of 2019 the Company recorded a $24.3 million gain realized upon selling land. The land was acquired in a previous period in anticipation of building a new corporate headquarters building.