Property and Equipment

12 Months Ended

Jun. 30, 2013

C. Property and Equipment

Property and equipment consisted of the following at June 30 (dollars in thousands):


	Depreciable Life In Years		2013			2012
Land		NA	$	393		$	393
Building and building improvements		7–39		2,793			2,756
Machinery and equipment		3–12		26,141			25,876
Office equipment and furniture		3–5		3,030			3,023
Vehicles		3		136			136
Leasehold improvements		1–15		10,771			10,136

Total property and equipment				43,264			42,320
Less: accumulated depreciation and amortization				(34,059	)		(31,673	)

Property and equipment, net			$	9,205		$	10,647

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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