XML 31 R13.htm IDEA: XBRL DOCUMENT v3.25.1
Property and Equipment, Net
12 Months Ended
Dec. 31, 2024
Property and Equipment, Net [Abstract]  
Property and Equipment, Net
5. Property and Equipment, Net

 

Property and equipment, net consisted of the following (in thousands):

 

   As of
December 31,
 
   2024   2023 
Land  $6,882   $6,964 
Buildings   46,812    49,551 
Machinery and equipment   19,765    22,050 
Computer and software   12,775    20,846 
Leasehold improvements   3,293    7,951 
Capitalized software   33,738    31,528 
Furniture and fixtures   2,024    3,784 
Construction in progress(1)   1,736    1,756 
    127,025    144,430 
Accumulated depreciation and amortization   (75,850)   (82,951)
Property and equipment, net  $51,175   $61,479 

  

(1) Property construction-in-progress is stated at cost and not depreciated. The property would be transferred to its respective account within property and equipment upon completion.

 

Depreciation and amortization expense associated with property and equipment was $10.7 million, $13.0 million and $11.0 million for the years ended December 31, 2024, 2023 and 2022, respectively.