Note C - Property and Equipment

3 Months Ended

Sep. 30, 2023

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	September 30,			June 30,
	In Years	2023			2023
Land	NA	$	8,941		$	8,940
Building and building improvements	7 – 39		24,723			24,712
Machinery and equipment	3 – 12		42,253			41,460
Office equipment and furniture	3 – 5		6,605			6,522
Vehicles	3		227			227
Leasehold improvements	1 – 15		23,031			22,641
Total property and equipment			105,780			104,502
Less: accumulated depreciation and amortization			(51,809	)		(50,661	)
Property and equipment, net		$	53,971		$	53,841

Depreciation expense was approximately $1.1 million during the three months ended  September 30, 2023. Depreciation expense was approximately $1.0 million during the three months ended September 30, 2022. Construction in progress is included in the building and building improvements line.