Annual report [Section 13 and 15(d), not S-K Item 405]

Property, Plant and Equipment

v3.25.4
Property, Plant and Equipment
12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment
11. Property, Plant and Equipment:
A summary of property, plant and equipment, at cost, and related accumulated depreciation is as follows:
December 31,
2025 2024
Land $ 89,988  $ 89,988 
Buildings and improvements 59,557  54,424 
Machinery and equipment 781,236  712,349 
Construction in progress 32,368  25,349 
Property, plant and equipment, gross 963,149  882,110 
Less: accumulated depreciation (481,990) (423,426)
Total property, plant and equipment, net $ 481,159  $ 458,684 
Depreciation expense was $67,806, $59,863 and $55,345 for the years ended December 31, 2025, 2024 and 2023, respectively.