The significant components of property, plant and equipment at for the Successor and at for the Predecessor are comprised of the following:

 

		Successor				Predecessor
		July 31,				October 31,
(in thousands)		2019				2018
Land, building and improvements		$	26,582			$	22,244
Capital leases—land and buildings			828				909
Machinery and equipment			280,085				237,094
Transportation equipment			2,230				3,297
Furniture and office equipment			742				1,486
			310,467				265,030
Less accumulated depreciation			(13,382	)			(63,115	)
Property, plant and equipment, net		$	297,085			$	201,915

 

Depreciation expense for the Successor for the -month period ended and the period from to was million and million, respectively. Depreciation expense for the Predecessor from to and for the and -month periods ended was million, million, million, respectively. Depreciation expense related to revenue producing machinery and equipment is recorded in cost of operations and an immaterial amount of depreciation expense related to our capital leases and furniture and fixtures is included in general and administrative expenses. In conjunction with the Business Combination, the basis of all property, plant and equipment was recognized at fair value in purchase accounting and as such, there is a significant decline in the accumulated depreciation balances as of when compared to