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Property, Plant And Equipment, Net
3 Months Ended
Sep. 30, 2012
Property, Plant And Equipment, Net

Note 5 – Property, Plant and Equipment, net

Property, plant and equipment, net consist of the following:

 

     Estimated
Useful Lives
(in Years)
     September 30,
2012
    June 30,
2012
 

Land

      $ 7,424      $ 8,046   

Buildings and improvements

     1-50         247,128        254,563   

Machinery and equipment

     3-20         1,030,279        1,002,539   

Furniture and fixtures

     3-10         26,320        29,423   
     

 

 

   

 

 

 

Property, plant and equipment, gross

        1,311,151        1,294,571   

Less accumulated depreciation and amortization

        (885,310     (864,337
     

 

 

   

 

 

 

Property, plant and equipment, net

      $ 425,841      $ 430,234   
     

 

 

   

 

 

 

Depreciation expense for the three months ended September 30, 2012 and 2011 was $26.5 million and $28.6 million, respectively.