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Property, Plant, and Equipment
 12 Months Ended
Jun. 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):

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 

 

 

 

    

2019

    

2018

    

Useful Life in Years

 

 

 

 

 

 

 

 

 

Land

 

$

904

 

$

904

 

—

Buildings

 

 

8,911

 

 

8,911

 

30 to 40

Molds and dies

 

 

7,333

 

 

7,275

 

3 to 5

Furniture and fixtures

 

 

2,691

 

 

2,599

 

5 to 10

Machinery and equipment

 

 

23,915

 

 

22,996

 

7 to 10

Building improvements

 

 

1,625

 

 

706

 

Shorter of the lease term or life of asset

 

 

 

45,379

 

 

43,391

 

  

Less: accumulated depreciation and amortization

 

 

(37,685)

 

 

(36,600)

 

  

 

 

$

7,694

 

$

6,791

 

  

 

Depreciation and amortization expense on property, plant, and equipment was approximately $1,085,000 and $1,031,000 in fiscal 2019 and 2018, respectively.