v3.24.1.u1
Note 3 - Property, Plant and Equipment, Net
 3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

Note 3 – Property, Plant and Equipment, net:

 

  

March 31,

  

December 31,

 
  

2024

  

2023

 

Refrigeration Equipment

 $178,367  $167,956 

Machinery and Equipment

  246,114   242,256 

Building, Land, and Improvements

  542,137   535,003 

Furniture and Office Equipment

  15,319   14,987 

Leasehold Improvements

  1,319   1,319 

Construction in Progress

  210,404   187,952 

Finance Lease Right of Use Asset

  28,478   29,187 
   1,222,138   1,178,660 

Less: Accumulated Depreciation and Amortization

  (216,379)  (199,496)

Property, Plant and Equipment, net

 $1,005,759  $979,164 

 

Depreciation and amortization expense related to property, plant and equipment for the three months ended March 31, 2024 totaled $15,806, of which $11,351, was recorded to cost of goods sold with the remainder of depreciation expense recorded to selling, general and administrative expense.

 

Depreciation expense related to property, plant and equipment for the three months ended March 31, 2023 totaled $14,394, of which $10,721, was recorded to cost of goods sold with the remainder of depreciation expense recorded to selling, general and administrative expense.