Note C - Property and Equipment

12 Months Ended

Jun. 30, 2024

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	2024			2023
Land	NA	$	8,940		$	8,940
Building and building improvements	7 – 39		24,723			24,712
Machinery and equipment	3 – 12		43,631			41,460
Office equipment and furniture	3 – 5		6,765			6,522
Vehicles	3		237			227
Leasehold improvements	1 – 20		23,223			22,641
Total property and equipment			107,519			104,502
Less: accumulated depreciation and amortization			(55,308	)		(50,661	)
Property and equipment, net		$	52,211		$	53,841

Depreciation and amortization expense was approximately $4.6 million in fiscal 2024 and $4.3 million in fiscal 2023.