Property, Plant, and Equipment, net

June 30,
 20252024
Land$162,848 $150,137 
Buildings182,466 163,764 
Machinery and equipment111,331 156,496 
Building and leasehold improvements121,665 72,075 
Furniture and fixtures36,268 46,241 
Software7,117 24,363 
Construction in progress
1,038 14,828 
Property, plant, and equipment, gross
622,733 627,904 
Accumulated depreciation and amortization(118,245)(213,896)
Property, plant, and equipment, net
$504,488 $414,008 

Historical Timeline

Fiscal YearFiled
2025Aug 28, 2025Showing above
2024Feb 25, 2025
2023Aug 28, 2023
2022Aug 29, 2022
2021Aug 27, 2021
2020Aug 31, 2020
2019Dec 19, 2019
2017May 17, 2019
2016Aug 26, 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.