PLANT AND EQUIPMENT

12 Months Ended

Jun. 30, 2014

Property, Plant and Equipment [Abstract]

Plant and Equipment

Plant and equipment consisted of the following (in thousands):



	Depreciable Life (in years)	June 30, 2014		June 30, 2013
Land	—	$	1,264	$	1,197
Building and improvements	7 - 40	17,369		12,924
Machinery and equipment	3 - 12	36,251		18,463
Office furniture and equipment	3 - 10	883		766
Construction-in-process	—	2,358		281
		58,125		33,631
Less: Accumulated depreciation		12,857		9,580
		$	45,268	$	24,051

Depreciation expense totaled $3.4 million and $2.9 million in the years ended June 30, 2014 and 2013, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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