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Property, Plant and Equipment
 9 Months Ended
Sep. 28, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
The Company records property, plant and equipment at cost and includes finance lease assets in “Property, plant and equipment, net” in its condensed consolidated balance sheets. A summary of property, plant, and equipment as of September 28, 2024 and December 31, 2023 is as follows:
(in thousands)September 28,
2024		December 31,
2023
Manufacturing equipment$163,969 $165,028 
Research and development equipment20,690 19,594 
Leasehold improvements18,429 23,898 
Building23,112 22,813 
Finance leases5,477 1,086 
Software2,842 3,568 
Furniture and fixtures934 1,079 
Vehicles594 584 
Land5,491 5,478 
Assets not yet placed in service42,553 43,123 
Total property, plant and equipment$284,091 $286,251 
Less: accumulated depreciation and amortization95,976 92,205 
Property, plant and equipment, net$188,115 $194,046 
Depreciation and amortization expense in the three months ended September 28, 2024 and September 30, 2023 was $5.3 million and $5.8 million, respectively. Of the total depreciation and amortization expense in the three months ended September 28, 2024 and September 30, 2023, $4.7 million and $5.1 million, respectively, were recorded in cost of goods sold, $0.5 million and $0.5 million, respectively, were recorded in research and development expenses, and $0.1 million and $0.2 million, respectively, were recorded in SG&A expenses in the Company’s condensed consolidated statements of operations.
Depreciation and amortization expense in the nine months ended September 28, 2024 and September 30, 2023 was $17.5 million and $17.7 million, respectively. Of the total depreciation and amortization expense in the nine months ended September 28, 2024 and September 30, 2023, $15.3 million and $15.7 million, respectively, were recorded in cost of goods sold, $1.5 million and $1.4 million, respectively, were recorded in research and development expenses, and $0.7 million and $0.6 million, respectively, were recorded in SG&A expenses in the Company’s condensed consolidated statements of operations.
The Company had $2.3 million and $4.5 million in property, plant and equipment concluded to meet the criteria for assets held for sale as of September 28, 2024 and December 31, 2023, respectively. The Company recorded $0.1 million in loss on sale of fixed assets in each of the three months ended September 28, 2024 and September 30, 2023, and recorded $0.5 million and $3.9 million in loss on sale of fixed assets in the nine months ended September 28, 2024 and September 30, 2023, respectively.