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Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2024

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment are recorded at historical cost and are depreciated using the straight-line method of depreciation over the estimated useful lives as follows:


			Estimated Life
Buildings			25 to 33-1/2 years
Building improvements			10 to 25 years
Machinery and equipment			5 to 12 years
Tools, dies and auxiliary equipment			3 to 8 years
Furniture and fixtures			3 to 12 years


	December 31,
(In thousands)	2024		2023
Land, buildings and improvements	$	68,356	$	45,710
Machinery and equipment	186,902		177,337
Tools, dies and auxiliary equipment	78,934		73,494
Furniture and fixtures	37,400		33,212
Leasehold improvements	18,991		16,418
Construction-in-progress	51,416		35,357
Total property, plant and equipment	441,999		381,528
Less accumulated depreciation	273,264		259,656
Total property, plant and equipment, net	$	168,735	$	121,872

Depreciation expense was $20.6 million in 2024, $19.7 million in 2023 and $19 million in 2022.