Consolidated property, plant, and equipment of the Company consisted of the following:
 March 31,
 20252024
Land and land improvements$4,396 $5,460 
Buildings68,345 66,683 
Machinery, equipment, and leasehold improvements277,396 253,643 
Construction in progress9,025 23,426 
 359,162 349,212 
Less accumulated depreciation252,998 242,817 
Net property, plant, and equipment$106,164 $106,395 

Historical Timeline

Fiscal YearFiled
2025May 28, 2025Showing above
2024May 29, 2024
2023May 25, 2023
2022May 25, 2022
2021May 26, 2021
2020May 27, 2020
2019May 29, 2019
2018May 30, 2018
2017May 31, 2017
2016Jun 1, 2016

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.