Property, Plant, and Equipment

12 Months Ended

Jun. 30, 2012

NOTE 4 - Property, Plant, and Equipment

Property, plant and equipment consist of the following:

	June 30,
	2012		2011		Useful Life in Years
	(in thousands)

Land	$	904	$	904	--
Buildings		8,911		8,911	30 to 40
Molds and dies		6,748		6,636	3 to 5
Furniture and fixtures		2,317		2,287	5 to 10
Machinery and equipment		19,107		18,642	7 to 10
Leasehold improvements		372		372	Shorter of the lease term or life of asset
		38,359		37,752

Less: accumulated depreciation and amortization		31,112		30,011

	$	7,247	$	7,741

Depreciation and amortization expense on property, plant, and equipment was approximately $1,101,000 and $1,102,000 in fiscal 2012 and 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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