Property, Plant and Equipment

9 Months Ended

Mar. 31, 2014

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Note 9: Property, Plant and Equipment

Property, plant and equipment are stated at cost less depreciation and 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, 2014 and June 30, 2013:

	March 31,			June 30,			Estimated Useful Life
	2014			2013			(Years)
Land and improvements	$	4,030		$	4,030			—
Building and improvements		26,944			24,665			15-40
Machinery, equipment and office furniture		62,471			60,905			3-8
Leasehold improvements		733			1,009			1-5
Construction in progress		2,113			1,525			—
		96,291			92,134
Accumulated depreciation		(59,453	)		(57,791	)
	$	36,838		$	34,343

Depreciation expense was $1,335 and $1,193 for the three months ended March 31, 2014 and 2013, respectively, and $3,864 and $3,537, respectively, for the nine months ended March 31, 2014 and 2013.