LINDSAY CORP PP&E Disclosure
|
|
August 31, |
|
|||||
($ in thousands) |
|
2025 |
|
|
2024 |
|
||
Operating property, plant, and equipment: |
|
|
|
|
|
|
||
Land |
|
$ |
7,385 |
|
|
$ |
7,291 |
|
Buildings |
|
|
61,139 |
|
|
|
58,145 |
|
Machinery and equipment |
|
|
115,112 |
|
|
|
105,061 |
|
Furniture and fixtures |
|
|
9,741 |
|
|
|
9,157 |
|
Computer hardware and software |
|
|
27,139 |
|
|
|
27,907 |
|
Construction in progress |
|
|
46,535 |
|
|
|
24,854 |
|
Total operating property, plant, and equipment |
|
|
267,051 |
|
|
|
232,415 |
|
Accumulated depreciation |
|
|
(142,538 |
) |
|
|
(139,892 |
) |
Total operating property, plant, and equipment, net |
|
|
124,513 |
|
|
|
92,523 |
|
Property held for lease: |
|
|
|
|
|
|
||
Machines |
|
|
15,787 |
|
|
|
15,914 |
|
Barriers |
|
|
32,222 |
|
|
|
32,286 |
|
Total property held for lease |
|
|
48,009 |
|
|
|
48,200 |
|
Accumulated depreciation |
|
|
(30,215 |
) |
|
|
(27,908 |
) |
Total property held for lease, net |
|
|
17,794 |
|
|
|
20,292 |
|
Property, plant, and equipment, net |
|
$ |
142,307 |
|
|
$ |
112,815 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 23, 2025 | Showing above |
| 2024 | Oct 24, 2024 | |
| 2023 | Oct 19, 2023 | |
| 2022 | Oct 20, 2022 | |
| 2021 | Oct 21, 2021 | |
| 2020 | Oct 22, 2020 | |
| 2019 | Oct 31, 2019 | |
| 2018 | Oct 24, 2018 | |
| 2017 | Oct 13, 2017 | |
| 2016 | Oct 18, 2016 | |
| 2015 | Oct 20, 2015 | |
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.