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Note 6 - Property and Equipment
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

6.

Property and Equipment:

 

Property and equipment consists of the following:

 

(in thousands)

Depreciable Lives   December 31, 2024   December 31, 2023  
                   

Land

  -   $ 18,161   $ 16,676  

Land improvements

  5 - 10     4,825     4,685  

Buildings and improvements

  7 - 30     164,545     158,335  

Machinery and equipment

  2 - 15     275,006     254,777  

Furniture and fixtures

  3 - 7     6,932     6,849  

Computer software and equipment

  2 - 5     26,770     26,787  

Vehicles

  2 - 5     5,688     5,112  

Financing lease

  -     4,812     5,686  

Construction in progress

  -     12,963     4,541  
          519,702     483,448  

Less accumulated depreciation and accumulated amortization of financing leases

        (315,866 )   (297,340 )

Net property and equipment

      $ 203,836   $ 186,108  

 

Leasehold improvements are included with buildings and improvements and are depreciated over the life of the lease or seven years, whichever is less.

 

Construction in progress as of December 31, 2024 and 2023 primarily consisted of payments for additional processing equipment, equipment and building upgrades to our existing facilities that were not yet placed into service.