Property, Plant and Equipment

9 Months Ended

Mar. 31, 2019

Property, Plant and Equipment [Abstract]

Property, Plant, and Equipment

NOTE 5 – Property, Plant and Equipment

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

	March 31, 2019			June 30, 2018			Useful Life in Years
Land	$	904		$	904		—
Buildings		8,911			8,911		30 to 40
Molds and dies		7,326			7,275		3 to 5
Furniture and fixtures		2,656			2,599		5 to 10
Machinery and equipment		23,651			22,996		7 to 10
Leasehold improvements		1,541			706		Shorter of the lease term or life of asset
		44,989			43,391
Less: accumulated depreciation and amortization		(37,387	)		(36,600	)
	$	7,602		$	6,791

Depreciation and amortization expense on property, plant, and equipment was approximately $281,000 and $259,000 for the three months ended March 31, 2019 and 2018, respectively. Depreciation and amortization expense on property, plant, and equipment was approximately $787,000 and $743,000 for the nine months ended March 31, 2019 and 2018, respectively.