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PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The following table details the components of property, plant and equipment, net:
At March 31, 2025At September 30, 2024
Land, building and building improvements$155,079 $153,076 
Machinery and equipment(1)
486,250 472,030 
Leasehold improvements37,602 37,833 
678,931 662,939 
Accumulated depreciation(387,178)(374,642)
Total$291,753 $288,297 
(1) Machinery and Equipment includes approximately $39,002 and $36,443 of construction in progress assets as of March 31, 2025 and September 30, 2024, respectively.
Depreciation and amortization expense for property, plant and equipment was $9,858 and $9,499 for the quarters ended March 31, 2025 and 2024, respectively, and $19,708 and $18,766 for the six months ended March 31, 2025 and 2024, respectively. Depreciation and amortization included in Selling, general and administrative ("SG&A") expenses was $4,088 and $4,095 for the quarters ended March 31, 2025 and 2024, respectively and $8,422 and $8,094 for the six months ended March 31, 2025 and 2024, respectively. Remaining components of depreciation and amortization, attributable to manufacturing operations, are included in Cost of goods and services.
In connection with the expansion of CPP's global sourcing strategy announced on May 3, 2023, certain owned manufacturing locations which ceased operations have met the criteria to be classified as held for sale, and the net book value of these properties as of March 31, 2025 and September 30, 2024 totaled $5,450 and $14,532, respectively.
During the six months ended March 31, 2025, no event or indicator of impairment occurred which would require additional impairment testing of property, plant and equipment.