Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.24.4
Property and Equipment
12 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Property and Equipment
Note 5:    Property and Equipment
The following table details the Company's property and equipment as of September 30, 2024 and 2023, respectively (in $000’s):
September 30,
2024
September 30,
2023
Property and equipment, net:
Building and improvements $ 40,490  $ 35,684 
Land 3,469  2,029 
Transportation equipment 2,765  2,062 
Machinery and equipment 73,309  67,575 
Furnishings and fixtures 6,301  6,028 
Office, computer equipment and other 4,285  4,569 
130,619  117,947 
Less: Accumulated depreciation (47,750) (37,244)
$ 82,869  $ 80,703 
Depreciation expense was approximately $12.3 million and $10.9 million for the years ended September 30, 2024 and 2023, respectively.