June 29, 2025June 30, 2024
(in thousands)
Land$33,811 $33,827 
Orchards in production and land improvements21,539 20,604 
Building and building improvements70,479 69,089 
Leasehold improvements31,866 31,289 
Production equipment135,213 131,664 
Furniture and fixtures9,517 9,325 
Computer and telecommunication equipment41,378 42,159 
Software208,960 176,160 
Capital projects in progress13,313 23,172 
Property, plant and equipment, gross566,076 537,289 
Accumulated depreciation and amortization(350,480)(313,500)
Property, plant and equipment, net$215,596 $223,789 

Historical Timeline

Fiscal YearFiled
2025Sep 5, 2025Showing above
2024Sep 6, 2024
2023Sep 15, 2023
2022Sep 16, 2022
2021Sep 10, 2021
2020Sep 11, 2020
2019Sep 13, 2019
2018Sep 14, 2018
2017Sep 15, 2017
2016Sep 16, 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.