Property and equipment
Life20252024
Computer equipment
3 - 5 years
$15.5 $16.2 
Manufacturing equipment
1 - 5 years
119.1 104.9 
Furniture, fixtures and leasehold improvements
3 - 12 years
40.3 45.0 
Capitalized software
3 - 7 years
19.7 21.2 
Construction in progress
Up to 5 years
16.8 20.0 
211.4 207.3 
Accumulated depreciation and amortization(139.3)(131.8)
Property and equipment, net$72.1 $75.5 

Historical Timeline

Fiscal YearFiled
2025Aug 21, 2025Showing above
2024Aug 23, 2024
2023Aug 18, 2023
2022Aug 22, 2022
2021Aug 23, 2021
2020Aug 21, 2020
2019Aug 23, 2019
2018Aug 24, 2018
2017Aug 18, 2017
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.