Note 8 - Property, Plant and Equipment

12 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of the following as of June 30, 2016 and 2015 (in thousands):

	As of June 30, 2016
	Cost		Accumulated Depreciation			Net
Land	$	1,314	$	-		$	1,314
Buildings and building improvements		45,486		(29,595	)		15,891
Machinery and equipment		126,882		(103,077	)		23,805
Total	$	173,682	$	(132,672	)	$	41,010

	As of June 30, 2015
	Cost		Accumulated Depreciation			Net
Land	$	1,320	$	-		$	1,320
Buildings and building improvements		45,434		(25,210	)		20,224
Machinery and equipment		132,788		(109,919	)		22,869
Total	$	179,542	$	(135,129	)	$	44,413

No assets under capital leases are included in machinery and equipment as of June 30, 2016 or June 30, 2015.

Operating lease expense was $2.3 million, $2.2 million and $1.9 million in fiscal 2016, 2015 and 2014, respectively. Future commitments under operating leases are as follows (in thousands):

Fiscal Year
2017	$	2,204
2018		2,040
2019		1,876
2020		1,614
2021		1,685
Thereafter		2,191
		11,610