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

PROPERTY, PLANT AND EQUIPMENT

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PROPERTY, PLANT AND EQUIPMENT
 12 Months Ended
Dec. 28, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT 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.
Refer to Note 14 to the Company's financial statements in this Form 10-K for information on the related fair value considerations.