Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Property, Plant and Equipment, Net

v3.22.4
Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

Note 6. Property, Plant and Equipment, Net

Property, plant and equipment, net consisted of the following:

  

    December 31,
    2022   2021
    (U.S. $ in thousands)
Machinery and equipment   $ 157,602     $ 157,692  
Buildings and improvements     178,605       178,025  
Computer equipment and software     52,503       51,311  
Office equipment, furniture and fixtures     14,628       14,723  
Land     18,927       19,079  
      422,265       420,830  
Accumulated depreciation     (230,220 )      (219,357 ) 
      192,045       201,473  
Construction work in progress     3,018       1,822  
    $ 195,063     $ 203,295  

Depreciation expenses were $22.6 million, $24.8 million and $25.2 million in the years ended December 31, 2022, 2021 and 2020, respectively. During the years ended December 31, 2022 , 2021 and 2020, the Company recorded impairment charges of $3.8 million, $1.4 and $7.0 million, respectively which were recorded in the consolidated statements of operations and comprehensive loss under cost of sales.