COLUMBUS MCKINNON CORP
For the period ended Mar 31, 2026. Filed Jun 8, 2026.
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FY2026 · Filed Jun 8, 2026
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Property, Plant, and Equipment
- Property, Plant, and Equipment
Consolidated property, plant, and equipment of the Company consisted of the following:
| March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Land and land improvements | $26,537 | $4,396 |
| Buildings | 340,987 | 68,345 |
| Machinery, equipment, and leasehold improvements | 721,444 | 277,396 |
| Construction in progress | 6,585 | 9,025 |
| 1,095,553 | 359,162 | |
| Less accumulated depreciation | 687,046 | 252,998 |
| Net property, plant, and equipment | $408,507 | $106,164 |
The acquisition of Kito Crosby contributed $318,034,000 to the increase in net property, plant, and equipment since March 31, 2025.
Depreciation expense was $28,281,000, $18,241,000, and $16,549,000 for the years ended March 31, 2026, 2025, and 2024, respectively. The increase in depreciation expense in fiscal 2026 is the result of the Kito Crosby Acquisition and related property, plant, and equipment acquired.
Gross property, plant, and equipment includes capitalized software costs of $82,433,000 at March 31, 2026, and $42,927,000 at March 31, 2025. Accumulated depreciation includes accumulated amortization on capitalized software costs of $66,829,000 and $30,740,000 at March 31, 2026, and 2025, respectively. Amortization expense on capitalized software costs was $2,853,000, $1,935,000 and $1,510,000 during the years ended March 31, 2026, 2025, and 2024, respectively.
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