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Property, Plant and Equipment
12 Months Ended
Dec. 26, 2020
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

F.

Property, Plant and Equipment

Property, plant and equipment consisted of the following:

 

 

 

December 26,

2020

 

 

December 28,

2019

 

 

 

(in thousands)

 

Machinery and plant equipment

 

$

641,790

 

 

$

571,506

 

Kegs

 

 

61,582

 

 

 

66,011

 

Land

 

 

25,753

 

 

 

25,759

 

Building and building improvements

 

 

174,328

 

 

 

130,311

 

Office equipment and furniture

 

 

31,115

 

 

 

29,202

 

Leasehold improvements

 

 

43,157

 

 

 

48,528

 

Assets under construction

 

 

84,564

 

 

 

59,027

 

 

 

 

1,062,289

 

 

 

930,344

 

Less accumulated depreciation

 

 

(439,206

)

 

 

(389,276

)

 

 

$

623,083

 

 

$

541,068

 

 

The Company recorded depreciation expense related to these assets of $65.4 million, $56.1 million and $51.8 million, in fiscal years 2020, 2019, and 2018, 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 fiscal years 2020, 2019 and 2018, the Company recorded impairment charges of $4.4 million, $0.9 million and $0.7 million, respectively.