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Property, Plant and Equipment, net
 9 Months Ended
Mar. 31, 2016
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment, net

Note 5 – Property, Plant and Equipment, net

Property, plant and equipment, net consisted of the following:

 

 

 

Estimated

Useful Lives

(in Years)

 

March 31,

2016

 

 

June 30,

2015

 

Land

 

 

 

$

9,796

 

 

$

9,742

 

Buildings and improvements

 

1-50

 

 

290,036

 

 

 

260,074

 

Machinery and equipment

 

3-20

 

 

1,389,661

 

 

 

1,270,650

 

Furniture and fixtures

 

3-10

 

 

31,740

 

 

 

30,492

 

Property, plant and equipment, gross

 

 

 

 

1,721,233

 

 

 

1,570,958

 

Less accumulated depreciation and amortization

 

 

 

 

(1,144,445

)

 

 

(1,018,537

)

Property, plant and equipment, net

 

 

 

$

576,788

 

 

$

552,421

 

 

Depreciation expense for the three months ended March 31, 2016 and 2015 was $38.9 million and $33.2 million, respectively, and for the nine months ended March 31, 2016 and 2015 was $109.7 million and $96.6 million, respectively.