Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment and Leased Facilities and Equipment (Tables)

v3.21.1
Property, Plant and Equipment and Leased Facilities and Equipment (Tables)
12 Months Ended
Dec. 31, 2020
Property Plant And Equipment [Abstract]  
Summary of Property, Plant and Equipment

Property, plant and equipment consisted of the following at December 31, 2020 and 2019 (in thousands):

 

 

 

Estimated

 

 

December 31,

 

 

 

Useful Life

 

 

2020

 

 

2019

 

 

 

(in Years)

 

 

 

 

 

 

 

 

 

Land

 

 

 

 

$

4,972

 

 

$

4,972

 

Buildings

 

 

25

 

 

 

36,581

 

 

 

35,580

 

Machinery and equipment

 

3 to 25

 

 

 

99,621

 

 

 

126,622

 

Furniture and fixtures

 

3 to 5

 

 

 

1,375

 

 

 

2,288

 

Transportation equipment

 

3 to 5

 

 

 

2,195

 

 

 

2,521

 

Improvements

 

 

15

 

 

 

38,934

 

 

 

40,377

 

Construction in progress

 

 

 

 

 

8,120

 

 

 

2,636

 

Total property, plant and equipment

 

 

 

 

 

 

191,798

 

 

 

214,996

 

Accumulated depreciation

 

 

 

 

 

 

(124,340

)

 

 

(144,512

)

Property, plant and equipment, net

 

 

 

 

 

$

67,458

 

 

$

70,484

 

 

Schedule of Minimum Rental Payments

Future minimum payments under leases having initial terms of more than twelve months are as follows (in thousands):

 

 

 

Minimum

Payments

 

2021

 

$

726

 

2022

 

 

737

 

2023

 

 

653

 

2024

 

 

564

 

2025

 

 

219

 

Total lease payments

 

 

2,899

 

Less: interest

 

 

(278

)

Present value of lease liabilities

 

$

2,621