PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Property, plant and equipment, net consisted of the following:


	June 30, 2022		June 30, 2021
Land	$	11,216	$	13,666
Buildings and improvements	51,849		58,143
Machinery and equipment	296,398		306,811
Computer hardware and software	65,680		65,132
Furniture and fixtures	23,522		23,546
Leasehold improvements	54,999		54,360
Construction in progress	27,200		21,633
	530,864		543,291
Less: Accumulated depreciation and impairment	233,459		230,514
	$	297,405	$	312,777

Depreciation expense for the fiscal years ended June 30, 2022, 2021 and 2020 was $31,235, $34,291 and $31,409, respectively.

During fiscal year 2022, the Company completed the sale of undeveloped land plots in Boulder, Colorado in the United States for total cash proceeds of $10,005, net of brokerage and other fees, resulting in a gain in the amount of $8,656, which is included as a component of other (income) expense, net on the Consolidated Statement of Operations. The Company recognized a non-cash impairment charge of $303 during the fiscal year ended June 30, 2022 relating to a facility in the United Kingdom. Further, a facility in the United States was held for sale as of June 30, 2022 with a net carrying amount of $1,840.

During fiscal year 2021, the Company recorded $1,333 of non-cash impairment charges related to the write-down of building improvements. Additionally, during fiscal year 2021, the Company completed the sale of its manufacturing facility in Moonachie, NJ in the United States which resulted in a gain in the amount of $4,900. In connection with the sale, property, plant and equipment, net in the amount of $5,502 was written off. In addition to the aforementioned items, a non-cash impairment charge of $244 was recorded related to a facility in the United Kingdom which was held for sale as of June 30, 2021; the remaining property, plant and equipment, net of $1,874 was classified as held for sale on the Consolidated Balance Sheets as of June 30, 2021.

During fiscal 2020, the Company recorded $12,313 of non-cash impairment charges primarily related to a write-down of building improvements, machinery and equipment in the United States and Europe used to manufacture certain slow moving or low margin SKUs, held for sale accounting of Danival and consolidation of certain office space and manufacturing facilities.