General form of registration statement for all companies including face-amount certificate companies

PROPERTY, PLANT AND EQUIPMENT, NET

v3.21.2
PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

 

4. PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment consists of the following (in thousands):

 

               
    December 31,  
    2020     2019  
Plant, machinery and equipment   $ 30,159     $ 28,474  
Furnitures and fixtures     705       702  
Leasehold improvements     2,469       3,124  
 Property, Plant and Equipment, Gross     33,333       32,300  
Accumulated depreciation     (28,500 )     (26,783 )
 Property, Plant and Equipment, Net   $ 4,833     $ 5,517  

 

Depreciation expense totaled approximately $2.9 million, $3.1 million and $2.9 million for the years ended December 31, 2020, 2019 and 2018, respectively.