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Property, Plant and Equipment, net | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Property, Plant and Equipment, net | Property, Plant and Equipment, net The table below sets forth the components of property, plant and equipment as of December 31, 2024 and 2023:
(in thousands) |  | 2024 |  | 2023 |  | Estimated useful life
Land and land improvements |  | $ | 28,161 |  |  | $ | 29,654 |  |  | 25 years for improvements
Buildings |  | 306,273 |  |  | 302,086 |  |  | 15 to 40 years
Machinery and equipment |  | 1,188,661 |  |  | 1,207,504 |  |  | 5 to 15 years
Furniture and fixtures |  | 11,457 |  |  | 11,409 |  |  | 5 years
Computer and other equipment |  | 25,024 |  |  | 24,120 |  |  | 3 to 10 years
Software |  | 69,932 |  |  | 69,191 |  |  | 5 to 8 years
Capital expenditures in progress |  | 75,262 |  |  | 90,759 |  |  |
Property, plant and equipment, gross |  | 1,704,770 |  |  | 1,734,723 |  |  |
Accumulated depreciation and amortization |  | (1,141,339) |  |  | (1,132,734) |  |  |
Property, plant and equipment, net |  | $ | 563,431 |  |  | $ | 601,989 |  |  |
Depreciation expense was $82.5 million in 2024, $70.4 million in 2023, and $62.5 million in 2022. Software amortization is recorded in Selling, general, and administrative expense and was $1.9 million in 2024, $1.9 million in 2023, and $1.7 million in 2022. Capital expenditures, including purchased software, were $81.2 million in 2024, $84.4 million in 2023, and $96.3 million in 2022. Unamortized software cost was $5.4 million, $6.6 million, and $5.9 million in each of the years ended December 31, 2024, 2023, and 2022, respectively. Expenditures for maintenance and repairs are charged to income as incurred and amounted to $25.4 million in 2024, $22.4 million in 2023, and $20.7 million in 2022.

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/360/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 6 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-6 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 7 -SubTopic 360 -Topic 958 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477798/958-360-50-7 + Details
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