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Property, Plant and Equipment, net
6 Months Ended
Dec. 31, 2013
Property Plant And Equipment [Abstract]  
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)
     December 31,
2013
    June 30,
2013
 

Land

      $ 7,071      $ 6,859   

Buildings and improvements

     1-50         249,320        247,758   

Machinery and equipment

     3-20         1,192,498        1,113,228   

Furniture and fixtures

     3-10         34,117        33,175   
     

 

 

   

 

 

 

Property, plant and equipment, gross

        1,483,006        1,401,020   

Less accumulated depreciation and amortization

        (1,045,353     (975,838
     

 

 

   

 

 

 

Property, plant and equipment, net

      $ 437,653      $ 425,182   
     

 

 

   

 

 

 

Depreciation expense for the three months ended December 31, 2013 and 2012 was $29.1 million and $27.7 million, respectively, and was $57.9 million and $54.2 million in the six months ended December 31, 2013 and 2012, respectively.