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Property, Plant, and Equipment
12 Months Ended
Jun. 30, 2023
Property, Plant, and Equipment  
Property, Plant, and Equipment

NOTE 6 - Property, Plant, and Equipment

Property, plant and equipment consist of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

    

June 30, 2023

    

June 30, 2022

    

Useful Life in Years

​

​

​

​

​

​

​

​

​

Land

​

$

904

​

$

904

​

N/A

Buildings

​

 

8,911

​

 

8,911

​

30 to 40

Molds and dies

​

 

7,517

​

 

7,480

​

3 to 5

Furniture and fixtures

​

 

3,387

​

 

3,030

​

5 to 10

Machinery and equipment

​

 

28,574

​

 

26,696

​

3 to 10

Building improvements

​

 

3,078

​

 

2,464

​

Shorter of the lease term or life of asset

​

​

 

52,371

​

 

49,485

​

  

Less: accumulated depreciation and amortization

​

 

(43,063)

​

 

(41,546)

​

  

​

​

$

9,308

​

$

7,939

​

  

​

Depreciation and amortization expense on property, plant, and equipment was approximately $1,569,000, $1,380,000 and $1,260,000 in fiscal 2023, 2022 and 2021, respectively.