Property, plant and equipment, net, consisted of the following (in thousands):
 March 28,
2026
March 29,
2025
Property, plant and equipment, at cost:
Buildings and improvements$206,185 $173,769 
Machinery and equipment108,314 91,232 
Land55,569 39,829 
Construction in progress21,653 16,117 
391,721 320,947 
Accumulated depreciation(112,831)(93,327)
$278,890 $227,620 

Historical Timeline

Fiscal YearFiled
2026May 22, 2026Showing above
2025May 23, 2025
2024May 24, 2024
2023May 19, 2023
2022May 31, 2022
2021May 28, 2021
2020May 27, 2020
2019May 29, 2019
2018May 30, 2018
2017Jun 13, 2017
2016Jun 21, 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.