(In thousands)

 
  

2026

  

2025

 

Land

 $9,835  $9,835 

Buildings and improvements

  103,475   81,764 

Machinery and equipment

  333,975   328,172 

Total

  447,285   419,771 

Less: accumulated depreciation

  (265,125)  (244,185)

Property, plant and equipment, net

 $182,160  $175,586 
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Historical Timeline

Fiscal YearFiled
2026Jul 1, 2026Showing above
2025Jul 2, 2025
2024Jun 26, 2024
2023Jun 28, 2023
2022Jun 29, 2022
2021Jun 30, 2021
2020Jul 1, 2020
2019Jun 26, 2019
2018Jun 27, 2018
2017Jul 13, 2017
2016Jul 14, 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.