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Property, plant and equipment (Tables) | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Schedule of Useful Lives of Assets | The useful lives of these assets are generally as follows:
|  | Years
Buildings |  | 25 to 33
Plant and equipment |  | 1 to 10
Instrumentation |  | 3 to 4
Computer software |  | 3 to 7
Furniture and fixtures |  | 4 to 8
Schedule of Property, Plant and Equipment | The assets and related accumulated depreciation are adjusted for property retirements and disposals, with the resulting gain or loss included in earnings. Fully depreciated assets remain in the accounts until retired from service.
|  | December 31, |
(U.S. Dollars, in thousands) |  | 2024 |  |  | 2023 |
Cost |  |  |  |  |  |
Buildings |  | $ | 3,874 |  |  | $ | 4,103 |
Plant and equipment |  |  | 76,481 |  |  |  | 70,252 |
Instrumentation |  |  | 176,387 |  |  |  | 154,192 |
Computer software |  |  | 41,396 |  |  |  | 43,040 |
Furniture and fixtures |  |  | 9,832 |  |  |  | 11,010 |
Construction in progress |  |  | 22,693 |  |  |  | 41,751 |
Finance lease assets |  |  | 21,383 |  |  |  | 23,337 |
Property, plant, and equipment, gross |  |  | 352,046 |  |  |  | 347,685 |
Accumulated depreciation |  |  | (212,242 | ) |  |  | (188,625 | )
Property, plant, and equipment, net |  | $ | 139,804 |  |  | $ | 159,060 |

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482099/360-10-50-1 + Details
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