Category

Estimated
Useful Life

Leasehold Improvements

1 - 16 years

Machinery and Equipment

5 - 15 years

Furniture and Fixtures

3 - 7 years

Vehicles

5 years

Website and Software

3 years

Computer Equipment

3 - 5 years

Buildings and Building Improvements

5 - 39 years


($ in thousands)	December 31, 2025		December 31, 2024
Land and Buildings	$	213,171	$	209,668
Machinery and Equipment	42,905		44,347
Furniture and Fixtures	47,745		43,054
Leasehold Improvements	170,849		183,522
Website, Computer Equipment and Software	11,975		11,853
Vehicles	2,678		2,784
Construction In Progress	22,988		12,037
Total property and equipment, gross	512,311		507,265
Less: Accumulated depreciation	(185,119)		(162,419)
Property and equipment, net	$	327,192	$	344,846

The following table reflects depreciation expense related to property and equipment for the years ended December 31, 2025 and 2024:


	Year Ended December 31,
($ in thousands)		2025		2024
Depreciation expense included in cost of goods sold and ending inventory		$	26,313	$	28,648
Depreciation expense included in selling, general, and administrative expense		14,416		15,547
Total depreciation expense		$	40,729	$	44,195

The following table reflects depreciation expense capitalized to cost of goods sold and depreciation expense capitalized to ending inventory for the years ended December 31, 2025 and 2024:


	Year Ended December 31,
($ in thousands)		2025		2024
Capitalized expense included in cost of goods sold		$	25,664	$	33,299
Capitalized expense to inventory for prior periods		8,345		12,795