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

Property, Plant and Equipment, Net

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Property, Plant and Equipment, Net
 12 Months Ended
Dec. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net
Note 7. Property, Plant and Equipment, Net
Property, plant and equipment, net consisted of the following:
December 31,
2023 2022
(U.S. $ in thousands)
Machinery and equipment $ 158,883  $ 157,602 
Buildings and improvements 173,117  178,605 
Computer equipment and software 54,038  52,503 
Office equipment, furniture and fixtures 14,301  14,628 
Land 19,019  18,927 
419,358  422,265 
Accumulated depreciation and amortization and impairment (224,185) (230,220)
195,173  192,045 
Construction work in progress 2,379  3,018 
$ 197,552  $ 195,063 
Depreciation expenses were $22.4 million, $22.6 million and $24.8 million in the years ended December 31, 2023, 2022 and 2021, respectively. During the years ended December 31, 2023, 2022 and 2021, the Company recorded impairment charges of $4.4 million, $3.8 million and $1.4 million, respectively, which were recorded in the consolidated statements of operations and comprehensive loss under cost of sales.