Property, Plant, and Equipment

6 Months Ended

Dec. 31, 2011

Property, Plant and Equipment Disclosure [Text Block]

Note 12: Property, Plant and Equipment

Property, plant and equipment are stated at cost less impairments. Maintenance and repairs are charged to expense as incurred. Management evaluates, on an ongoing basis, the carrying value of property, plant and equipment and makes adjustments when impairments are identified. Depreciation is based on the estimated useful lives of the various classes of assets and is computed using the straight-line method. The following table sets forth the components of property, plant and equipment at December 31, 2011 and June 30, 2011:

	December 31, 2011			June 30, 2011			Estimated Useful Life (Years)
Land and improvements	$	2,930		$	2,930			—
Building and improvements		21,284			21,265			15-40
Machinery, equipment and office furniture		58,815			58,157			3-8
Leasehold improvements		985			989			1-5
Construction in progress		644			357			—
		84,658			83,698
Accumulated depreciation		(55,535	)		(53,503	)
	$	29,123		$	30,195

Depreciation expense was $1,259 and $1,352 for the three months ended December 31, 2011 and 2010, respectively, and $2,502 and $2,609 for the six months ended December 31, 2011 and 2010, respectively.