Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.23.3
Property, Plant and Equipment
9 Months Ended
Sep. 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:
September 30,
2023
December 31,
2022
Land $ 96,686  $ 96,659 
Buildings and improvements 83,346  82,061 
Machinery and equipment 802,823  751,145 
Construction in progress 47,974  56,448 
1,030,829  986,313 
Less: accumulated depreciation (450,020) (401,424)
$ 580,809  $ 584,889 
Depreciation expense was $17,773 and $51,920 for the three and nine months ended September 30, 2023, respectively. Depreciation expense was $16,103 and $48,256 for the three and nine months ended September 30, 2022, respectively.