As of October 31,

  

As of October 31,

 

(in thousands, unless otherwise noted)

 

Useful Lives (in years)

  

2025

  

2024

 

Land, building and improvements

 15 to 40  $32,874  $32,724 

Machinery and equipment

 3 to 25   558,679   534,014 

Transportation equipment

 5   12,909   11,133 

Furniture and office equipment

 2 to 7   4,371   4,187 

Accumulated depreciation

     (196,317)  (166,332)

Property, plant and equipment, net

    $412,516  $415,726 

Historical Timeline

Fiscal YearFiled
2025Jan 13, 2026Showing above
2024Jan 10, 2025
2023Jan 16, 2024
2022Jan 31, 2023
2021Jan 12, 2022
2020Jan 12, 2021
2019Jan 14, 2020

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.