Property and Equipment

9 Months Ended

Apr. 02, 2017

Property and Equipment

Property and Equipment

NOTE 5 – Property and Equipment

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

	Depreciable Life			April 2,		June 30,
	(in years)			2017		2016
Land		—		$	1,264	$	1,264
Building and improvements	7	-	40		17,612		17,460
Machinery and equipment	3	-	12		39,984		39,350
Office furniture and equipment	3	-	10		1,272		1,050
Construction-in-process		—			2,851		1,838
Assets acquired under capital lease					7,104		5,482
					70,087		66,444
Accumulated depreciation					(25,791)		(23,018)
Accumulated amortization on capital leases					(2,114)		(1,445)
Property and equipment of discontinued operations					—		(153)
				$	42,182	$	41,828

Depreciation expense totaled $1.7 million and $1.6 million for the three months ended April 2, 2017 and March 27, 2016, respectively, and $4.9 million and $4.6 million for the nine months ended April 2, 2017 and March 27, 2016, respectively.