Annual report pursuant to Section 13 and 15(d)

Note 8 - Property, Plant and Equipment

v3.20.2
Note 8 - Property, Plant and Equipment
 12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
(
8
)
Property, Plant and Equipment
 
Property, plant and equipment at
June 30, 2020
and
2019
are summarized as follows (in thousands):
 
   
2020
    
2019
  
                 
Land and improvements
   $
83,081
     $
83,343
  
Building and improvements
    
361,324
      
384,641
  
Machinery and equipment
    
122,157
      
123,396
  
Property, plant and equipment, gross
    
566,562
      
591,380
  
Less: accumulated depreciation and amortization
    
(329,884
 )    
(346,134
 )
Property, plant and equipment, net
   $
236,678
     $
245,246
  
 
We recorded depreciation expense of
$16.9
 million,
$19.5
 million and
$19.8
 million in fiscal
2020,
fiscal
2019
and fiscal
2018,
respectively.