Note C - Property and Equipment, Net

9 Months Ended

Mar. 31, 2015

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			March 31, 2015			June 30, 2014
Land		N/A		$	393		$	393
Building and building improvements	7	–	39		2,793			2,793
Machinery and equipment	3	–	12		27,357			26,772
Office equipment and furniture	3	–	5		3,138			3,189
Vehicles		3			208			209
Leasehold improvements	1	–	15		11,128			10,949
Total property and equipment					45,017			44,305
Less: accumulated depreciation and amortization					(36,730	)		(35,494	)
Property and equipment, net				$	8,287		$	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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