Note 7 - Property, Plant and Equipment

12 Months Ended

Jun. 30, 2012

Property, Plant and Equipment Disclosure [Text Block]

7. PROPERTY, PLANT AND EQUIPMENT:

Property, plant and equipment consists of the following as of June 30, 2012 and 2011 (in thousands):

	As of June 30, 2012
	Cost		Accumulated Depreciation			Net
Land	$	1,394	$	-		$	1,394
Buildings and building improvements		44,409		(22,351	)		22,058
Machinery and equipment		129,846		(99,701	)		30,145
Total	$	175,649	$	(122,052	)	$	53,597

	As of June 30, 2011
	Cost		Accumulated Depreciation			Net
Land	$	1,444	$	-		$	1,444
Buildings and building improvements		43,289		(22,765	)		20,524
Machinery and equipment		144,799		(110,502	)		34,297
Total	$	189,532	$	(133,267	)	$	56,265

Included in machinery and equipment are assets under capital leases of $0.7 million as of June 30, 2012 and $0.9 million as of June 30, 2011 relating to domestic and Brazilian operations. The accumulated amortization relating to these leases was $0.4 million and $1.0 million for fiscal 2012 and 2011, respectively.

Operating lease expense was $1.8 million, $1.5 million and $1.9 million in fiscal 2012, 2011 and 2010, respectively. Future commitments under operating leases are as follows (in thousands):

Fiscal Year
2013	$	1,724
2014		1,006
2015		124
2016		41
2017		1
Thereafter		-