Note C - Property and Equipment

3 Months Ended

Sep. 30, 2022

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

C. Property and Equipment

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

	Depreciable Life In Years			September 30, 2022			June 30, 2022
Land	NA			$	7,645		$	7,645
Building and building improvements	7	-	39		22,617			17,415
Machinery and equipment	3	-	12		42,301			40,131
Office equipment and furniture	3	-	5		5,986			5,970
Vehicles		3			211			211
Leasehold improvements	1	-	15		22,005			21,626
Total property and equipment					100,765			92,998
Less: accumulated depreciation and amortization					(49,381	)		(48,425	)
Property and equipment, net				$	51,384		$	44,573

Depreciation expense was approximately $1.0 million for the three month period ended  September 30, 2022 and $1.1 million for the three month period ended September 30, 2021.