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Property and Equipment
6 Months Ended
Dec. 27, 2015
Property and Equipment  
Property and Equipment

NOTE 4 – Property and Equipment

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciable Life

 

December 27,

 

June 30,

 

 

    

(in years)

    

2015

    

2015

 

Land

 

 

 

 

$

1,264

 

$

1,264

 

Building and improvements

 

7

-

40

 

 

18,839

 

 

18,811

 

Machinery and equipment

 

3

-

12

 

 

41,950

 

 

39,422

 

Office furniture and equipment

 

3

-

10

 

 

804

 

 

931

 

Construction-in-process

 

 

 

 

 

634

 

 

1,934

 

 

 

 

 

 

 

 

63,491

 

 

62,362

 

Less: Accumulated depreciation

 

 

 

 

 

 

(21,456)

 

 

(18,549)

 

 

 

 

 

 

 

$

42,035

 

$

43,813

 

 

Depreciation expense totaled $1.5 million for the three months ended December 27, 2015 and December 28, 2014, and $3.0 million and $2.9 million for the six months ended December 27, 2015 and December 28, 2014, respectively.