Annual report pursuant to Section 13 and 15(d)

Note 8 - Property, Plant and Equipment

v3.23.2
Note 8 - Property, Plant and Equipment
 12 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]

(8)

Property, Plant and Equipment

 

Property, plant and equipment are summarized as follows (in thousands):

 

   

June 30,

  
   

2023

    

2022

  
                 

Land and improvements

   $ 77,940     $ 78,443  

Building and improvements

     352,582       356,622  

Machinery and equipment

     126,203       127,062  

Property, plant and equipment, gross

     556,725       562,127  

Less: accumulated depreciation and amortization

     (334,558 )     (338,597 )

Property, plant and equipment, net

   $ 222,167     $ 223,530  

 

We recorded depreciation and amortization expense of $15.6 million, $16.0 million and $16.4 million in fiscal years 2023, 2022 and 2021, respectively.