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Property, Plant and Equipment
12 Months Ended
Jun. 30, 2015
Property, Plant and Equipment  
Property, Plant and Equipment

 

Note 6.  Property, Plant and Equipment

 

Property, plant and equipment at June 30, 2015 and 2014 consisted of the following:

 

(In thousands)

 

Useful Lives

 

June 30,
2015

 

June 30,
2014

 

Land

 

 

$

5,891

 

$

4,641

 

Building and improvements

 

10 - 39 years

 

51,446

 

42,013

 

Machinery and equipment

 

5 - 10 years

 

47,681

 

37,678

 

Furniture and fixtures

 

5 - 7 years

 

1,748

 

1,416

 

Construction in progress

 

 

28,228

 

11,454

 

 

 

 

 

 

 

 

 

Property, plant and equipment, gross

 

 

 

134,994

 

97,202

 

 

 

 

 

 

 

 

 

Less accumulated depreciation

 

 

 

(40,438

)

(35,498

)

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

 

 

$

94,556

 

$

61,704

 

 

 

 

 

 

 

 

 

 

 

 

During the fiscal years ended June 30, 2015, 2014 and 2013, the Company had no impairment charges.  Property, plant and equipment, net included amounts held in foreign countries in the amount of $1.2 million and $1.1 million at June 30, 2015 and 2014, respectively.