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Property, Plant and Equipment
 12 Months Ended
Jun. 30, 2020
Property, Plant and Equipment  
Property, Plant and Equipment

NOTE 5 - Property, Plant, and Equipment

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

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 

 

 

 

    

2020

    

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

 

 

2,792

 

 

2,691

 

5 to 10

Machinery and equipment

 

 

24,878

 

 

23,915

 

7 to 10

Building improvements

 

 

2,173

 

 

1,625

 

Shorter of the lease term or life of asset

 

 

 

46,995

 

 

45,379

 

  

Less: accumulated depreciation and amortization

 

 

(38,907)

 

 

(37,685)

 

  

 

 

$

8,088

 

$

7,694

 

  

 

Depreciation and amortization expense on property, plant, and equipment was approximately $1,221,000 and $1,085,000 in fiscal 2020 and 2019, respectively.