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Property, Plant and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Summary of Property, Plant and Equipment

A summary of property, plant and equipment, net is as follows (in thousands):

 

 

December 31, 2023

 

 

December 31, 2022

 

 Machinery and equipment

 

$

422,071

 

 

$

378,907

 

 Buildings, improvements and leasehold improvements

 

 

66,746

 

 

 

70,816

 

 Automobiles, trucks, tractors and trailers

 

 

8,106

 

 

 

6,376

 

 Furniture and fixtures

 

 

22,746

 

 

 

19,373

 

 Construction-in-progress

 

 

8,195

 

 

 

5,185

 

 Land

 

 

25,654

 

 

 

26,695

 

 Oil and gas producing assets

 

 

28,984

 

 

 

11,714

 

 Total

 

 

582,502

 

 

 

519,066

 

 Accumulated depreciation and depletion

 

 

(287,542

)

 

 

(236,690

)

 Property, plant and equipment, net

 

$

294,960

 

 

$

282,376

 

Summary of depreciation and depletion expense

A summary of depreciation and depletion expense associated with our property, plant and equipment is as follows:

 

 

 

For the Year Ended

 

 

 

December 31,

 

 

 

2023

 

 

2022

 

Depreciation

 

$

68,100

 

 

$

84,005

 

Depletion

 

 

2,305

 

 

 

3,615

 

Total depreciation and depletion

 

$

70,405

 

 

$

87,620