Property, Plant and Equipment

9 Months Ended

Mar. 31, 2012

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 March 31, 2012 and June 30, 2011:

	March 31, 2012			June 30, 2011			Estimated Useful Life (Years)
Land and improvements	$	2,930		$	2,930		—
Building and improvements		21,295			21,265		15-40
Machinery, equipment and office furniture		59,361			58,157		3-8
Leasehold improvements		984			989		1-5
Construction in progress		153			357		—
		84,723			83,698
Accumulated depreciation		(55,805	)		(53,503	)
	$	28,918		$	30,195

Depreciation expense was $1,168 and $1,342 for the three months ended March 31, 2012 and 2011, respectively, and $3,670 and $3,951 for the nine months ended March 31, 2012 and 2011, respectively.