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Property And Equipment
12 Months Ended
Jun. 30, 2011
Property And Equipment  
Property And Equipment
4. PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at June 30 (in thousands):

 

Asset Class

   2011     2010  

Land

   $ 17,648      $ 17,655   

Buildings and improvements

     75,835        74,764   

Leasehold improvements and capitalized lease costs

     515,254        446,992   

Furniture and equipment

     148,191        128,411   

Technology and other equipment

     274,015        226,587   

Software

     69,665        56,350   

Library books

     39,395        35,051   

Construction in progress

     21,023        29,850   
  

 

 

   

 

 

 

Total

     1,161,026        1,015,660   

Less accumulated depreciation

     (463,649     (336,814
  

 

 

   

 

 

 

Property and equipment, net

   $ 697,377      $ 678,846   
  

 

 

   

 

 

 

Depreciation and amortization expense related to property and equipment was $138.4 million, $114.6 million and $95.6 million, respectively, for the fiscal years ended June 30, 2011, 2010, and 2009. Amortization expense on software was $14.6 million, $11.8 million and $8.9 million, respectively, for the fiscal years ended June 30, 2011, 2010 and 2009.