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Property and Equipment
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):
Estimated useful livesDecember 31,
20222021
Land$4,763 $7,502 
Buildings and leasehold improvements
5-30
49,705 85,810 
Computer equipment
3-5
42,545 43,853 
Machinery & equipment
5-10
117,145 124,254 
Other
2-10
15,292 14,547 
Construction in progress4,530 1,960 
233,980 277,926 
Less: accumulated depreciation(171,017)(183,921)
Property and equipment, net$62,963 $94,005 
Depreciation expense was $12.4 million and $17.1 million for the years ended December 31, 2022 and 2021, respectively.
During 2022, the Company disposed land and buildings related to a sale-leaseback transaction with a net book value of approximately $25.1 million and received net proceeds of $32.1 million. The Company recognized a gain of $7.0 million as a result, which is reported in operating expense in the consolidated statements of comprehensive income (loss).