Note C - Property and Equipment

6 Months Ended

Dec. 31, 2014

Property, Plant and Equipment Disclosure [Text Block]

C. Property and Equipment, net

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

	Depreciable Life In Years				December 31, 2014			June 30, 2014
Land			N/A		$	393		$	393
Building and building improvements		7	–	39		2,793			2,793
Machinery and equipment		3	–	12		27,061			26,772
Office equipment and furniture		3	–	5		3,249			3,189
Vehicles			3			208			209
Leasehold improvements		1	–	15		11,265			10,949
Total property and equipment						44,969			44,305
Less: accumulated depreciation and amortization						(36,498	)		(35,494	)
Property and equipment, net					$	8,471		$	8,811

- 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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