2025

   

2024

 

Land and land improvements

  $ 17,173     $ 17,071  

Buildings and improvements

    55,094       54,673  

Machinery and equipment

    10,992       9,866  

Office furniture and fixtures

    11,854       10,568  

Vehicles

    1,130       1,065  

Construction in progress

    60       1,136  
      96,303       94,379  

Less accumulated depreciation and amortization

    (42,321 )     (38,797 )

Property and equipment, net

  $ 53,982     $ 55,582  

Historical Timeline

Fiscal YearFiled
2025Mar 19, 2026Showing above
2024Mar 20, 2025
2023Mar 21, 2024
2022Mar 23, 2023
2021Mar 10, 2022
2020Mar 11, 2021
2018Mar 14, 2019
2017Mar 15, 2018
2016Mar 16, 2017

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.