XML 53 R17.htm IDEA: XBRL DOCUMENT v3.22.0.1
Property, Plant and Equipment, net
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, net Property, Plant and Equipment, net
 
Property, plant and equipment consisted of the following:
 December 31,
 (in thousands)
20212020
Land$28,175 $28,553 
Buildings and site improvements202,393 203,421 
Leasehold improvements5,995 7,091 
Machinery and equipment399,079 372,923 
 635,642 611,988 
Less accumulated depreciation and amortization(402,246)(377,460)
 233,396 234,528 
Capital projects in progress26,473 20,656 
 $259,869 $255,184 
 
Property, plant and equipment as of December 31, 2021 and 2020, includes fully depreciated assets with an original cost of $234.0 million and $200.5 million, respectively, which are still in use in the Company’s operations. The Company capitalizes certain development costs associated with internal use software, including the direct costs of services provided by third-party consultants and payroll for internal employees, both of which are performing development and implementation activities on a software project. As of December 31, 2021 and 2020, the Company had capitalized software development costs net of accumulated amortization of $30.2 million and $29.4 million, respectively, included in Machinery and equipment and as of December 31, 2021 and 2020, $4.8 million and $5.5 million, respectively, was included in capital projects in progress.
Depreciation expense, including depreciation of equipment and amortization of internally developed software and software acquired through capital lease arrangements, was $36.1 million, $32.1 million and $32.6 million for the years ended December 31, 2021, 2020 and 2019, respectively.