Property, Plant, and Equipment

3 Months Ended

Jul. 01, 2023

Property, Plant and Equipment [Abstract]

3. Property, Plant, and Equipment

Property, plant, and equipment are stated at cost. Depreciation is calculated primarily on a straight-line basis, generally over the following estimated useful lives: land improvements – 3 to 10 years; buildings and improvements – 8 to 25 years; and vehicles and machinery and equipment – 3 to 8 years. Depreciation expense for the three months ended July 1, 2023 and July 2, 2022 was $4.6 million and $3.7 million, respectively.

The components of property, plant, and equipment were as follows:


(Dollars in thousands)	July 1, 2023			April 1, 2023
Land and improvements	$	42,079		$	41,749
Buildings and improvements		123,799			119,226
Machinery and equipment		96,094			91,007
Construction in progress		31,896			30,010
Property, plant, and equipment, at cost		293,868			281,992
Less: accumulated depreciation		(109,609	)		(104,867	)
Property, plant, and equipment, net	$	184,259		$	177,125