December 31,

  

December 31,

 

($ in thousands)

 

2025

  

2024

 

Machinery and equipment

 $64,415  $61,956 

Buildings

  37,859   37,657 

Lasts, dies and patterns

  13,418   11,806 

Furniture and fixtures

  1,546   1,548 

Less - accumulated depreciation

  (81,492)  (75,242)

Total

  35,746   37,725 

Construction work-in-progress

  12,007   10,969 

Land

  2,176   972 

Net Fixed Assets

 $49,929  $49,666

 

Historical Timeline

Fiscal YearFiled
2025Mar 11, 2026Showing above
2024Mar 17, 2025
2023Mar 15, 2024
2022Mar 10, 2023
2021Mar 15, 2022
2020Mar 16, 2021
2019Mar 6, 2020
2018Mar 13, 2019
2017Mar 12, 2018
2016Mar 9, 2017

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.