Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.22.1
Property, Plant and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consist of the following:
(in thousands) 2021 2020
Land $ 723  $ 3 
Leasehold improvements 4,641  2,939 
Buildings 53  84 
Machinery, fixtures and equipment 110,127  100,352 
Construction-in-progress 1,900  2,772 
  117,444  106,150 
Less accumulated depreciation and amortization (73,724) (71,054)
Property, plant and equipment, net $ 43,720  $ 35,096 
The Company recorded depreciation expense of $7.5 million and $7.6 million for 2021 and 2020, respectively