Property and Equipment, net

6 Months Ended

Dec. 31, 2012

C. Property and Equipment, net

Property and equipment consisted of the following (dollars in thousands):


	Depreciable Life In Years	December 31, 2012		June 30, 2012

Land	N/A	$	393	$	393
Building and building improvements	7 – 39		2,780		2,756
Machinery and equipment	3 – 12		26,240		25,876
Office equipment and furniture	3 – 5		3,030		3,023
Vehicles	3		136		136
Leasehold improvements	1 – 15		10,438		10,136

Total property and equipment			43,017		42,320
Less: accumulated depreciation and amortization			(32,746)		(31,673)

Property and equipment, net		$	10,271	$	10,647

- 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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