Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.23.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Components of Property, Plant and Equipment Depreciation is recognized on a straight-line basis over the following periods:
Buildings and building components
7 - 30 years
Leasehold improvements
The lesser of the term of the lease or the estimated useful life of the asset: 1 - 28 years
Machinery and equipment
1 - 10 years
Furniture, fixtures and office equipment (including computer)
2 - 7 years
Finance lease ROU assets - buildings
14 - 28 years
Finance lease ROU assets - machinery and equipment
3 - 5 years
The components of property, plant and equipment (“PPE”) are as follows:
As of December 31,
2022 2021
Buildings and building components $ 80,697  $ 49,697 
Land 14,085  12,380 
Leasehold improvements 43,472  24,042 
Machinery and equipment 27,615  12,656 
Furniture, fixtures and office equipment (including computer) 16,126  10,221 
Construction-in-process 20,086  35,625 
Total property, plant and equipment - gross $ 202,081  $ 144,621 
Less: Accumulated depreciation (24,326) (7,341)
Total property, plant and equipment - net $ 177,755  $ 137,280