Note C - Property and Equipment

12 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

C

. Property and Equipment

Property and equipment consisted of the following at

June

 

30

(dollars in thousands):

	Depreciable Life In Years				201 7			201 6
Land			NA		$	1,200		$	1,200
Building and building improvements		7	–	39		3,706			3,324
Machinery and equipment		3	–	12		24,194			23,846
Office equipment and furniture		3	–	5		3,954			2,994
Vehicles			3			209			209
Leasehold improvements		1	–	15		17,038			15,261
Total property and equipment						50,301			46,834
Less: accumulated depreciation and amortization						(32,165	)		(31,667	)
Property and equipment, net					$	18,136		$	15,167

Depreciation expense was approximately

$2.3

million in fiscal

2017

and

$1.8

million in fiscal

2016.