Property, Plant and Equipment |
Property, plant and equipment, net consisted of the following as of August 31 (in thousands):
|
|
|
2021 |
|
|
|
2020 |
|
Machinery and equipment |
|
$ |
791,043 |
|
|
$ |
746,845 |
|
Land and improvements |
|
|
304,188 |
|
|
|
295,575 |
|
Buildings and leasehold improvements |
|
|
147,106 |
|
|
|
138,380 |
|
ERP systems |
|
|
17,760 |
|
|
|
17,760 |
|
Office equipment and other software licenses |
|
|
37,326 |
|
|
|
44,103 |
|
Construction in progress |
|
|
102,544 |
|
|
|
55,964 |
|
Property, plant and equipment, gross |
|
|
1,399,967 |
|
|
|
1,298,627 |
|
Less accumulated depreciation |
|
|
(837,293 |
) |
|
|
(811,623 |
) |
Property, plant and equipment, net(1) |
|
$ |
562,674 |
|
|
$ |
487,004 |
|
(1) |
Property, plant and equipment, net included $18 million and $16 million as of August 31, 2021 and 2020, respectively, related to the Company’s Canadian operations. |
|