Property, Plant, and Equipment

3 Months Ended

Sep. 30, 2012

Property, Plant, and Equipment [Abstract]

(5) Property, Plant, and Equipment

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

			September 30	June 30,
			2012	2012
Land, land improvements, and land use rights		$	10,561	10,831
Building and improvements			76,992	76,395
Machinery and equipment			180,182	175,305
Furnaces			195,245	193,055
Mineral reserves			55,843	55,843
Mine development			4,512	4,058
Other			4,916	4,852
Construction in progress			27,215	23,616
	Property, plant, and equipment, gross		555,466	543,955
Less accumulated depreciation, depletion and amortization			(122,570)	(111,194)
	Property, plant, and equipment, net	$	432,896	432,761

Depreciation, depletion and amortization expense for the three months ended September 30, 2012 was $11,683, of which $11,502 is recorded in cost of goods sold and $181 is recorded in selling, general, and administrative expenses, respectively. Depreciation, depletion and amortization expense for the three months ended September 30, 2011 was $7,300, of which $7,106 is recorded in cost of goods sold and $194 is recorded in selling, general, and administrative expenses, respectively.

Capitalized interest for the three months ended September 30, 2012 and 2011 was $0 and $12, 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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