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Property and Equipment, Net
12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net

Note 3 – Property and Equipment, Net

Major classes of property, plant and equipment are as follows:

 

 

 

 

December 31,

 

 

 

 

2022

 

 

2021

 

Land and improvements

 

 

$

19,609

 

 

$

21,039

 

Buildings and improvements

 

 

 

102,245

 

 

 

99,403

 

Machinery, equipment and aircraft

 

 

 

218,549

 

 

 

204,945

 

Construction in progress

 

 

 

31,076

 

 

 

10,605

 

Property, plant and equipment, gross

 

 

 

371,479

 

 

 

335,992

 

Less accumulated depreciation

 

 

 

(196,468

)

 

 

(186,218

)

Property, plant and equipment, net

 

 

$

175,011

 

 

$

149,774

 

 

Depreciation of property and equipment was $14.3 million in 2022, $13.6 million in 2021 and $12.2 million in 2020. Machinery, equipment and aircraft includes $0.5 million and $0.6 million of financing leases at December 31, 2022 and 2021, respectively.