XML 22 R11.htm IDEA: XBRL DOCUMENT v3.22.1
Property, Plant and Equipment
9 Months Ended
Mar. 31, 2022
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

5. Property, Plant and Equipment

Property, plant and equipment consists of the following:

(in thousands)

 

March 31, 2022

 

 

June 30, 2021

 

Buildings and improvements

 

$

140,241

 

 

$

129,288

 

Land

 

 

36,215

 

 

 

33,734

 

Machinery and equipment

 

 

74,677

 

 

 

58,227

 

Cooperage

 

 

11,804

 

 

 

10,551

 

Vineyards

 

 

21,174

 

 

 

21,364

 

Furniture and fixtures

 

 

1,581

 

 

 

1,343

 

 

 

 

285,692

 

 

 

254,507

 

Less accumulated depreciation and amortization

 

 

(64,591

)

 

 

(52,791

)

 

 

 

221,101

 

 

 

201,716

 

Construction in progress

 

 

13,040

 

 

 

11,957

 

 

 

$

234,141

 

 

$

213,673

 

Depreciation and amortization expense related to property and equipment was $6.0 million and $2.7 million for the three months ended March 31, 2022 and 2021, respectively and $14.1 million and $8.1 million for the nine months ended March 31, 2022 and 2021, respectively.