Schedule of Property, Plant and Equipment |
The following useful lives are used: | | | | | | Buildings and facilities | 10 to 30 years | Machinery and equipment | 3 to 15 years | Office furniture and equipment | 5 to 7 years | Capitalized software | 3 to 5 years | Equipment under finance leases | Shorter of term of lease or estimated useful life |
| | | | | | | | | | | | | | | | | As of June 30, | (In thousands) | | 2024 | | 2023 | Buildings and facilities | | $ | 20,441 | | | $ | 20,146 | | Machinery and equipment | | 108,757 | | | 144,473 | | | | | | | Capitalized software | | 9,190 | | | 7,934 | | Office furniture and equipment | | 8,486 | | | 8,231 | | | | 146,874 | | | 180,784 | | Accumulated depreciation | | (113,790) | | | (147,920) | | Land | | 918 | | | 918 | | Property, plant and equipment, net | | $ | 34,002 | | | $ | 33,782 | |
Capitalized CBE included in machinery and equipment above are: | | | | | | | | | | | | | | | | | As of June 30, | (In thousands) | | 2024 | | 2023 | Coffee Brewing Equipment | | $ | 66,596 | | | $ | 93,159 | | Accumulated depreciation | | (39,941) | | | (66,953) | | Coffee Brewing Equipment, net | | $ | 26,655 | | | $ | 26,206 | |
Depreciation expense related to capitalized CBE and other CBE related expenses (excluding CBE depreciation) provided to customers and reported in cost of goods sold were as follows: | | | | | | | | | | | | | | | | | | | | | | | For the Years Ended June 30, | (In thousands) | | 2024 | | 2023 | | 2022 | Depreciation expense | | $ | 7,344 | | | $ | 7,213 | | | $ | 7,492 | | Other CBE expenses | | 36,859 | | | 32,298 | | | 25,773 | |
|