Annual report pursuant to Section 13 and 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.24.1
PROPERTY, PLANT AND EQUIPMENT (Tables)
 12 Months Ended
Dec. 31, 2023
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,
2023 2022
Buildings and building components $ 88,527  $ 80,697 
Land 12,956  14,085 
Leasehold improvements 46,660  43,472 
Machinery and equipment 27,050  27,615 
Furniture, fixtures and office equipment (including computer) 21,146  16,126 
Construction-in-process 1,968  20,086 
Total property, plant and equipment - gross 198,307  202,081 
Less: Accumulated depreciation (39,039) (24,326)
Total property, plant and equipment - net $ 159,268  $ 177,755