Property, Plant, and Equipment

12 Months Ended

Jun. 30, 2012

Property, Plant, and Equipment [Abstract]

(6)	Property, Plant, and Equipment

Property, plant, and equipment, net is comprised of the following at June 30:

	2012			2011
Land, land improvements, and land use rights	$	10,831			6,907
Building and improvements		76,395			43,076
Machinery and equipment		175,305			93,891
Furnaces		193,055			136,177
Mineral Reserves		55,843			—
Mine Development		4,058			—
Other		4,852			3,993
Construction in progress		23,616			23,743
Property, plant, and equipment, gross		543,955			307,787
Less accumulated depreciation, depletion and amortization		(111,194	)		(77,810	)
Property, plant, and equipment, net	$	432,761			229,977

Depreciation, depletion and amortization expense for the year ended June 30, 2012 was $34,848, of which $34,083 is recorded in cost of goods sold and $765 is recorded in selling, general, and administrative expenses, respectively. Depreciation, depletion and amortization expense for the year ended June 30, 2011 was $25,055, of which $24,330 is recorded in cost of goods sold and $725 is recorded in selling, general, and administrative expenses, respectively. Depreciation, depletion and amortization expense for the year ended June 30, 2010 was $20,362, of which $19,912 is recorded in cost of goods sold and $450 is recorded in selling, general, and administrative expenses, respectively.

Capitalized interest for the years ended June 30, 2012, 2011, and 2010 was $24, $52, and $376, 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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