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Property, Plant and Equipment
6 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment
NOTE 4 – Property, Plant and Equipment
 
Property, plant and equipment consist of the following (in thousands):
 
 
 
December 31,
2017
 
June 30,
2017
 
Useful Life in Years
 
 
 
 
 
 
 
 
 
Land
 
$
904
 
$
904
 
Buildings
 
 
8,911
 
 
8,911
 
30 to 40
Molds and dies
 
 
7,171
 
 
7,058
 
3 to 5
Furniture and fixtures
 
 
2,599
 
 
2,570
 
5 to 10
Machinery and equipment
 
 
22,544
 
 
22,183
 
7 to 10
Leasehold improvements
 
 
633
 
 
485
 
Shorter of the lease term or life of asset
 
 
 
42,762
 
 
42,111
 
 
Less: accumulated depreciation and amortization
 
 
(36,052)
 
 
(35,568)
 
 
 
 
$
6,710
 
$
6,543
 
 
 
Depreciation and amortization expense on property, plant, and equipment was $248,000 and $213,000 for the three months ended December 31, 2017 and 2016, respectively. Depreciation and amortization expense on property, plant, and equipment was $484,000 and $422,000 for the six months ended December 31, 2017 and 2016, respectively.