Note 3. Property and Equipment (Tables)

12 Months Ended

Jun. 30, 2012

Major classes of property and equipment at June 30 consist of the following:



(Amounts in Thousands)	2012			2011
Land	$	12,050		$	12,849
Buildings and improvements	175,574			184,684
Machinery and equipment	350,995			349,489
Construction-in-progress	5,288			9,765
Total	$	543,907		$	556,787
Less: Accumulated depreciation	(357,808		)	(360,105		)
Property and equipment, net	$	186,099		$	196,682

Property, Plant and Equipment

The useful lives used in computing depreciation are based on the Company's estimate of the service life of the classes of property, as follows:



	Years
Buildings and improvements	5 to 50
Machinery and equipment	2 to 20
Leasehold improvements	Lesser of Useful Life or Term of Lease

- Definition

Tabular disclosure of the useful life and salvage value of 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.

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