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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Jun. 30, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment consists of the following as of June 30, 2023 and 2022 (in thousands):
As of June 30, 2023
CostAccumulated
Depreciation
Net
Land$1,014 $— $1,014 
Buildings and building improvements32,587 (18,786)13,801 
Machinery and equipment116,333 (91,773)24,560 
Total$149,934 $(110,559)$39,375 
As of June 30, 2022
CostAccumulated
Depreciation
Net
Land$1,009 $— $1,009 
Buildings and building improvements29,424 (17,242)12,182 
Machinery and equipment110,469 (86,544)23,925 
Total$140,902 $(103,786)$37,116 
Depreciation expense was $5.2 million and $5.3 million for the years ended June 30, 2023 and 2022, respectively.