Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.24.2.u1
Property, Plant and Equipment
6 Months Ended
Jun. 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:
June 30,
2024
December 31,
2023
Land $ 96,807  $ 96,833 
Buildings and improvements 92,085  84,860 
Machinery and equipment 851,706  820,509 
Construction in progress 35,620  42,000 
1,076,218  1,044,202 
Less: accumulated depreciation (502,659) (467,298)
$ 573,559  $ 576,904 
Depreciation expense was $18,108 and $36,523 for the three and six months ended June 30, 2024, respectively. Depreciation expense was $17,455 and $34,147 for the three and six months ended June 30, 2023, respectively.