Mirion Technologies, Inc. Post-effective amendment to a registration statement that is not immediately effective upon filing

Post-effective amendment to a registration statement that is not immediately effective upon filing

Property, Plant, and Equipment, Net

Property, Plant, and Equipment, Net

12 Months Ended

Dec. 31, 2021

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment, Net

5. Property, Plant and Equipment, Net

Property, plant and equipment, net consist of the following (in millions):


			Successor			Predecessor
	Depreciable Lives		December 31, 2021			June 30, 2021			June 30, 2020
Land, buildings, and leasehold improvements		3- 39 years	$	45.0		$	44.4		$	43.9
Machinery and equipment		5 - 15 years		26.7			49.6			38.9
Badges		3-5 years		27.9			38.9			29.4
Furniture, fixtures, computer equipment and other		3-10 years		16.7			33.6			27.6
Construction in progress		—		12.2			13.6			7.3

				128.5			180.1			147.1
Less: accumulated depreciation and amortization				(4.5	)		(91.3	)		(71.9	)

			$	124.0		$	88.8		$	75.2

Total depreciation expense included in costs of revenues and operating expenses was as follows (in millions):


	Successor		Predecessor
	December 31, 2021		October 19, 2021		June 30, 2021		June 30, 2020		June 30, 2019
Depreciation expense in:
Cost of revenues	$	3.5	$	3.9	$	14.0	$	12.7	$	11.1
Operating expenses		1.7		2.1		6.8		5.2		5.4

Construction in progress includes capitalized internal use software costs totaling $1.7 million, $3.5 million, and $1.2 million as of December 31, 2021, June 30, 2021, and June 30, 2020 respectively.