Property, Plant and Equipment

3 Months Ended

Sep. 30, 2019

Property, Plant and Equipment

Property, Plant and Equipment

NOTE 5 – Property, Plant and Equipment

Property, plant and equipment consist of the following (in thousands):

	September 30,		June 30,
	2019		2019		Useful Life in Years
Land	$	904	$	904	—
Buildings		8,911		8,911	30 to 40
Molds and dies		7,337		7,333	3 to 5
Furniture and fixtures		2,695		2,691	5 to 10
Machinery and equipment		24,087		23,915	7 to 10
Leasehold improvements		1,626		1,625	Shorter of the lease term or life of asset
		45,560		45,379
Less: accumulated depreciation and amortization		(37,980)		(37,685)
	$	7,580	$	7,694

Depreciation and amortization expense on property, plant, and equipment was approximately $295,000 and $246,000 for the three months ended September 30, 2019 and 2018, respectively.