Note 8 - Property, Plant and Equipment

12 Months Ended

Jun. 30, 2015

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

8. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consists of the following as of June 30, 2015 and 2014 (in thousands):

	As of June 30, 2015
	Cost		Accumulated Depreciation			Net
Land	$	1,320	$	-		$	1,320
Buildings and building improvements		45,434		(25,210	)		20,224
Machinery and equipment		132,788		(109,919	)		22,869
Total	$	179,542	$	(135,129	)	$	44,413

	As of June 30, 2014
	Cost		Accumulated Depreciation			Net
Land	$	1,376	$	-		$	1,376
Buildings and building improvements		47,793		(25,994	)		21,799
Machinery and equipment		142,579		(114,217	)		28,362
Total	$	191,748	$	(140,211	)	$	51,537

Included in machinery and equipment are assets under capital leases of $0.7 million as of June 30, 2015 and June 30, 2014. The accumulated amortization relating to these leases was $0.6 million and $0.6 million as of June 30, 2015 and 2014, respectively.

Operating lease expense was $2.2 million, $1.9 million and $1.9 million in fiscal 2015, 2014 and 2013, respectively. Future commitments under operating leases are as follows (in thousands):

Fiscal Year
2016	$	1,305
2017		1,552
2018		1,330
2019		1,400
2020		1,204
Thereafter		2,512
		9,303