Note 4. Property and Equipment

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment Disclosure

Property and Equipment

Major classes of property and equipment at June 30 consist of the following:



(Amounts in Thousands)	2015			2014
Land	$	8,726		$	9,392
Buildings and improvements	57,524			57,756
Machinery and equipment	177,148			175,984
Construction-in-progress	14,885			6,549
Total	$	258,283		$	249,681
Less: Accumulated depreciation	(151,504		)	(151,747		)
Property and equipment, net	$	106,779		$	97,934

The useful lives used in computing depreciation are based on estimated service lives for classes of property, as follows:



	Years
Buildings and improvements	5 to 40
Machinery and equipment	3 to 10

Depreciation of property and equipment, including asset write-downs associated with restructuring plans, totaled, in millions, $19.0 for fiscal year 2015, $17.1 for fiscal year 2014, and $16.5 for fiscal year 2013.

At both June 30, 2015 and 2014, no assets were classified as held for sale. During fiscal year 2014, we sold a facility and land located in Gaylord, Michigan, recognizing a pre-tax loss, in thousands, of $311. During fiscal year 2013, we recognized pre-tax impairment on this property, in thousands, of $188. The loss on sale and impairment charges were included in the Restructuring Expense line of the Consolidated Statements of Income.