​ ​ ​

2025

  ​ ​ ​

2024

(Dollars in thousands)

Land and land improvements

$

3,898

$

3,898

Buildings and improvements

 

32,204

 

32,204

Machinery and equipment

 

40,036

 

38,959

Retail fixtures and leasehold improvements

 

5,248

 

4,268

Construction in progress

 

637

 

971

Property, plant and equipment

 

82,023

 

80,300

Less: Accumulated depreciation

 

(54,609)

 

(52,120)

Property, plant and equipment, net

$

27,414

$

28,180

Historical Timeline

Fiscal YearFiled
2025Mar 13, 2026Showing above
2024Mar 14, 2025
2023Mar 14, 2024
2022Mar 13, 2023
2021Mar 11, 2022
2020Mar 12, 2021
2019Mar 12, 2020
2018Mar 14, 2019
2017Mar 13, 2018
2016Mar 9, 2017
2015Mar 10, 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.