Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.23.2
Property, Plant and Equipment
6 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment 10. Property, Plant and Equipment:
A summary of property, plant and equipment, at cost, and related accumulated depreciation is as follows:
June 30,
2023
December 31,
2022
Land $ 96,799  $ 96,659 
Buildings and improvements 83,606  82,061 
Machinery and equipment 772,397  751,145 
Construction in progress 69,239  56,448 
1,022,041  986,313 
Less: accumulated depreciation (434,837) (401,424)
$ 587,204  $ 584,889 
Depreciation expense was $17,455 and $34,147 for the three and six months ended June 30, 2023, respectively. Depreciation expense was $16,142 and $32,153 for the three and six months ended June 30, 2022, respectively.