XML 27 R11.htm IDEA: XBRL DOCUMENT v3.4.0.3
PROPERTY AND EQUIPMENT
9 Months Ended
Mar. 31, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

Property and equipment, at cost, consist of the following:

 

        March 31, 2016  
      (unaudited)  
($'s in thousands)   Useful
Lives
  Cost     Accumulated 
Depreciation
    Net  
Computer equipment and software   3-7 years   $ 5,420     $ (4,287 )   $ 1,133  
Property and equipment used for rental program   5 years     26,789       (17,553 )     9,236  
Furniture and equipment   3-7 years     828       (626 )     202  
Leasehold improvements   Lesser of life or lease term     575       (562 )     13  
        $ 33,612     $ (23,028 )   $ 10,584  

 

      June 30, 2015  
($'s in thousands)  

Useful

Lives

  Cost     Accumulated 
Depreciation
    Net  
Computer equipment and purchased software   3-7 years   $ 4,670     $ (4,017 )   $ 653  
Property and equipment used for rental program   5 years     26,469       (14,476 )     11,993  
Furniture and equipment   3-7 years     723       (572 )     151  
Leasehold improvements   Lesser of life or lease term     575       (503 )     72  
        $ 32,437     $ (19,568 )   $ 12,869  

 

 

Assets under capital lease totaled approximately $2.6 million and $2.1 million as of March 31, 2016 and June 30, 2015, respectively. Capital lease amortization of approximately $69 thousand and $130 thousand is included in depreciation expense for the three-month periods ended March 31, 2016 and 2015, respectively. Capital lease amortization of approximately $208 thousand and $271 thousand is included in depreciation expense for the nine-month periods ended March 31, 2016 and 2015, respectively.