BlueLinx Holdings Inc
For the period ended Dec 30, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
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Property, Plant and Equipment
- Property and Equipment
Property, plant and equipment as of December 30, 2023 and December 31, 2022, consisted of the following:
| December 30, 2023 | December 31, 2022 | |
|---|---|---|
| (In thousands) | ||
| Land and land improvements | $29,071 | $24,829 |
| Buildings | 201,799 | 179,936 |
| Machinery and equipment | 156,849 | 138,351 |
| Construction in progress | 8,602 | 17,753 |
| 396,321 | 360,869 | |
| Accumulated depreciation | (170,334) | (155,260) |
| Property and equipment, net | $225,987 | $205,609 |
Depreciation expense for property, plant and equipment was $27.8 million, $24.2 million, and $22.8 million for the years ended December 30, 2023, December 31, 2022, and January 1, 2022, respectively. See Note 13, Lease Commitments, for disclosure about the Company’s property and equipment that is held under finance lease obligations.
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