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Property, Plant, and Equipment
12 Months Ended
Jun. 30, 2024
Property, Plant, and Equipment  
Property, Plant, and Equipment

NOTE 7 - Property, Plant, and Equipment

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

    

2024

    

2023

Useful Life in Years

    

Land

$

904

$

904

N/A

Buildings

 

8,911

 

8,911

 

30 to 40

Molds and dies

 

7,539

 

7,517

 

3 to 5

Furniture and fixtures

 

3,613

 

3,387

 

5 to 10

Machinery and equipment

 

29,761

 

28,574

 

3 to 10

Building improvements

 

3,129

 

3,078

 

Shorter of the lease term or life of asset

 

53,857

 

52,371

 

  

Less: accumulated depreciation and amortization

 

(44,780)

 

(43,063)

 

  

$

9,077

$

9,308

 

  

Depreciation and amortization expense on property, plant, and equipment was approximately $1,826,000, $1,569,000 and $1,380,000 in fiscal 2024, 2023 and 2022, respectively.