Property, Plant and Equipment

3 Months Ended

Sep. 30, 2017

Property, Plant and Equipment

Property, Plant and Equipment

Note 7.  Property, Plant and Equipment

Property, plant and equipment at September 30, 2017 and June 30, 2017 consisted of the following:

(In thousands)	Useful Lives	September 30, 2017			June 30, 2017
Land	—	$	6,191		$	6,191
Building and improvements	10 - 39 years	108,740			108,730
Machinery and equipment	5 - 10 years	142,885			142,086
Furniture and fixtures	5 - 7 years	2,987			2,953
Less accumulated depreciation		(76,809		)	(71,461		)
		183,994			188,499
Construction in progress		65,282			54,649
Property, plant and equipment, net		$	249,276		$	243,148

Depreciation expense for the three months ended September 30, 2017 and 2016 was $5.7 million and $5.1 million, respectively.

During the three months ended September 30, 2017 and 2016, the Company had no impairment charges related to property, plant and equipment.  Property, plant and equipment, net included amounts held in foreign countries in the amount of $1.0 million at September 30, 2017 and June 30, 2017.