Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.24.3
Property, Plant and Equipment
 9 Months Ended
Sep. 30, 2024
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,
2024		 December 31,
2023
Land $ 97,413  $ 96,833 
Buildings and improvements 92,078  84,860 
Machinery and equipment 865,112  820,509 
Construction in progress 39,715  42,000 
1,094,318  1,044,202 
Less: accumulated depreciation (522,597) (467,298)
$ 571,721  $ 576,904 
Depreciation expense was $19,702 and $56,225 for the three and nine months ended September 30, 2024, respectively. Depreciation expense was $17,773 and $51,920 for the three and nine months ended September 30, 2023, respectively.