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Property, Plant and Equipment
6 Months Ended
Dec. 31, 2015
Property, Plant and Equipment  
Property, Plant and Equipment

 

Note 7.  Property, Plant and Equipment

 

Property, plant and equipment at December 31, 2015 and June 30, 2015 consisted of the following:

 

(In thousands)

 

Useful Lives

 

December 31,
2015

 

June 30,
2015

 

Land

 

 

$

6,811

 

$

5,891

 

Building and improvements

 

10 - 39 years

 

97,881

 

51,446

 

Machinery and equipment

 

5 - 10 years

 

90,423

 

47,681

 

Furniture and fixtures

 

5 - 7 years

 

2,301

 

1,748

 

Construction in progress

 

 

45,041

 

28,228

 

 

 

 

 

 

 

 

 

Property, plant and equipment, gross

 

 

 

242,457

 

134,994

 

 

 

 

 

 

 

 

 

Less accumulated depreciation

 

 

 

(44,060

)

(40,438

)

 

 

 

 

 

 

 

 

Property, plant and equipment, net

 

 

 

$

198,397

 

$

94,556

 

 

 

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net included amounts held in foreign countries in the amount of $1.1 million and $1.2 million at December 31, 2015 and June 30, 2015, respectively.