Note 8 - Property, Plant and Equity

12 Months Ended

Jun. 30, 2019

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, 2019

and

2018

(in thousands):

	As of June 30, 201 9
	Cost		Accumulated Depreciation			Net
Land	$	1,210	$	-		$	1,210
Buildings and building improvements		44,772		(30,427	)		14,345
Machinery and equipment		117,386		(96,262	)		21,124
Total	$	163,368	$	(126,689	)	$	36,679

	As of June 30, 201 8
	Cost		Accumulated Depreciation			Net
Land	$	1,210	$	-		$	1,210
Buildings and building improvements		44,540		(29,774	)		14,766
Machinery and equipment		117,573		(97,035	)		20,538
Total	$	163,323	$	(126,809	)	$	36,514

There are

no

capital leases as of

June 30, 2019

or

June 30, 2018.

Depreciation expense was

$5.0

million,

$5.5

million and

$5.4

million for the years ended

June 30, 2019,

2018

and

2017,

respectively.

Operating lease expense was

$2.4

million,

$2.3

million and

$2.3

million in fiscal

2019,

2018

and

2017,

respectively. Future commitments under operating leases are as follows (in thousands):

Fiscal Year
2020	$	2,434
2021		2,328
2022		943
2023		762
2024		502
Thereafter		1,092
	$	8,061