Annual report pursuant to Section 13 and 15(d)

Note 8 - Property, Plant and Equipment

v3.19.2
Note 8 - Property, Plant and Equipment
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 at
June 30, 2019
and
2018
are summarized as follows (in thousands):
 
   
2019
   
2018
 
                 
Land and improvements
  $
83,343
    $
82,899
 
Building and improvements
   
384,641
     
404,522
 
Machinery and equipment
   
123,396
     
123,606
 
Property, plant and equipment, gross
   
591,380
     
611,027
 
Less: accumulated depreciation and amortization
   
(346,134
)    
(343,124
)
Property, plant and equipment, net
  $
245,246
    $
267,903
 
 
 
We recorded depreciation expense of
$19.6
 million,
$19.8
 million and
$20.1
 million in fiscal
2019,
fiscal
2018
and fiscal
2017,
respectively.