PROPERTY, PLANT AND EQUIPMENT

3 Months Ended

Mar. 31, 2024

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

4.          PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	March 31,			December 31,
(in thousands)	2024		2023
Land and improvements	$	22,102	$	19,596
Buildings and improvements		84,702		86,346
Machinery and equipment		87,413		86,250
Furniture and fixtures		13,651		13,560
Software costs		14,408		11,806
Total property, plant and equipment, gross		222,276		217,558
Less accumulated depreciation		(106,104)		(102,486)
Total property, plant and equipment, net	$	116,172	$	115,072

Depreciation expense related to property and equipment was $3.5 million and $3.1 million for the periods ending March 31, 2024 and 2023, respectively.