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Property, Plant and Equipment
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 5 – Property, Plant and Equipment

Property, plant and equipment at December 31 were:

 

 

2020

 

 

2019

 

Buildings and leasehold improvements

$

267,700

 

 

$

228,522

 

Machinery and equipment

 

942,405

 

 

 

863,771

 

 

 

1,210,105

 

 

 

1,092,293

 

Less:  Accumulated depreciation and amortization

 

(791,348

)

 

 

(706,658

)

 

 

418,757

 

 

 

385,635

 

Construction in-progress

 

45,060

 

 

 

30,747

 

Land

 

66,998

 

 

 

53,192

 

 

$

530,815

 

 

$

469,574

 

Depreciation and amortization of property, plant and equipment was $91.7 million, $91.5 million and $86.3 million for the years ended December 31, 2020, 2019 and 2018, 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.