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Property and Equipment
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment Property and Equipment
Property and equipment consisted of the following (in thousands):

Estimated useful livesDecember 31,
20242023
Land$2,394 $4,843 
Buildings and leasehold improvements
5-30
26,354 46,596 
Computer equipment
3-7
44,690 44,944 
Machinery & equipment
5-10
136,600 119,687 
Other
2-10
22,533 18,115 
Construction in progress5,329 1,562 
237,900 235,747 
Less: accumulated depreciation(174,479)(174,346)
Property and equipment, net$63,421 $61,401 
Depreciation expense was $16.9 million and $10.8 million for the years ended December 31, 2024 and 2023, respectively.
In November 2024, the Company disposed land and buildings related to sale-leaseback transactions with a net book value of approximately $15.5 million and received net proceeds of $20.3 million. The Company recognized a gain of $4.9 million as a result, which is reported in operating income in the consolidated statements of comprehensive loss.