Property and Equipment

12 Months Ended

Jan. 01, 2022

Property, Plant and Equipment [Abstract]

8. Property and Equipment, net

Property and equipment, net, consists of the following (in thousands):


	January 1, 2022		January 2, 2021
Building and building improvements	$	142,132	$	122,310
Machinery, equipment and tooling	103,451		90,843
Land	57,027		57,151
Transportation, vehicles and other	33,082		33,175
Computer equipment and software	32,450		24,693
Leasehold improvements	21,894		19,295
Furniture and office equipment	14,200		13,567
Demonstration units	949		1,024
Construction-in-progress (CIP)	25,109		44,589
Total property and equipment	430,294		406,647
Accumulated depreciation	(157,501)		(134,136)
Property and equipment, net	$	272,793	$	272,511

The balance in CIP at January 1, 2022 relates primarily to the capitalized implementation costs related to a new enterprise resource planning software system and costs related to equipment and other facility improvements, the underlying assets for which have not been completed or placed into service. The decrease in CIP balance from January 2, 2021 primarily relates to the Company’s European headquarters building in Switzerland being placed into service along with a phase of the new enterprise resource planning software system for certain subsidiaries being placed into service.

The balance in CIP at January 2, 2021 related primarily to acquisition and improvement costs for a portion of a purchased building in Switzerland, capitalized implementation costs related to a new enterprise resource planning software system and costs related to manufacturing equipment and other facility improvements globally, the underlying assets for which have not been completed or placed into service.

For the years ended January 1, 2022, January 2, 2021 and December 28, 2019, depreciation expense of property and equipment was $25.3 million, $21.8 million and $19.1 million, respectively.