Kontoor Brands Inc
For the period ended Dec 28, 2024. Filed Feb 25, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 25, 2025
KTB$82.79+1.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Property, Plant and Equipment
NOTE 6 —PROPERTY, PLANT AND EQUIPMENT
The following table presents components of "property, plant and equipment, net" recorded in the Company's balance sheets:
| (In thousands) | December 2024 | December 2023 |
|---|---|---|
| Land and improvements | $10,236 | $10,795 |
| Buildings and improvements | 168,171 | 184,173 |
| Machinery and equipment | 314,239 | 335,574 |
| Property, plant and equipment, at cost | 492,646 | 530,542 |
| Less: accumulated depreciation and amortization | (389,346) | (418,497) |
| Property, plant and equipment, net | $103,300 | $112,045 |
Depreciation expense was $24.0 million, $20.2 million and $21.4 million in 2024, 2023 and 2022, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.