Property, Plant and Equipment

12 Months Ended

Dec. 30, 2017

Property, Plant and Equipment

E. Property, Plant and Equipment

Property, plant and equipment consisted of the following:

	December 30,			December 31,
	2017			2016
	(in thousands)
Machinery and plant equipment	$	438,925		$	420,486
Kegs		69,049			70,024
Land		22,295			22,295
Building and building improvements		112,912			112,508
Office equipment and furniture		24,307			22,412
Leasehold improvements		16,660			14,147
		684,148			661,872
Less accumulated depreciation		(299,868	)		(253,461	)
	$	384,280		$	408,411

The Company recorded depreciation expense related to these assets of $51.2 million, $49.3 million, and $43.4 million, in fiscal years 2017, 2016, and 2015, respectively.

Impairment of Assets

The Company evaluates its assets for impairment when events indicate that an asset or asset group may have suffered impairment. During 2017, 2016, and 2015, the Company recorded impairment charges of $2.5 million, $0.7 million, and $0.3 million, respectively.

Gain on Sale of Assets

During 2016, the Company recognized a $1.0 million gain on the sale of land owned in Freetown, Massachusetts.