PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2013

PROPERTY, PLANT AND EQUIPMENT [Abstract]

C. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment at June 30 were as follows (in thousands):

	2013		2012
Land	$	4,977	$	4,673
Buildings		42,712		41,992
Machinery and equipment		138,223		139,908

		185,912		186,573
Less: accumulated depreciation		123,597		120,217

	$	62,315	$	66,356

Depreciation expense for the years ended June 30, 2013, 2012 and 2011 was $10,120,000, $9,947,000 and $9,110,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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