Property, Plant and Equipment

9 Months Ended

Sep. 30, 2022

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant, and Equipment

Property, plant, and equipment as of September 30, 2022 and December 31, 2021 consisted of the following:

	September 30, 2022		December 31, 2021
Land	$	5,256	$	6,224
Improvements to land and leaseholds	20,762		15,416
Buildings	34,468		27,206
Machinery and equipment, including equipment under finance leases	122,935		112,021
Construction in progress	3,102		1,194
Gross property, plant, and equipment	186,523		162,061
Less accumulated depreciation and amortization, including accumulated amortization of finance leases	(102,566)		(103,839)
Property, plant, and equipment - net	$	83,957	$	58,222

Depreciation expense was $2,269 and $2,041 for the three months ended September 30, 2022 and 2021, respectively, and $6,083 and $6,049 for the nine months ended September 30, 2022 and 2021, respectively. The Company reviews its property, plant, and equipment for recoverability whenever events or changes in circumstances indicate that carrying amounts may not be recoverable. The Company recognizes an impairment loss if it believes that the carrying amount of a long-lived asset is not recoverable and exceeds its fair value. There were no impairments of property, plant, and equipment during the nine months ended September 30, 2022 and 2021.