Annual report pursuant to Section 13 and 15(d)

Note 8 - Property, Plant and Equipment

v3.21.2
Note 8 - Property, Plant and Equipment
12 Months Ended
Jun. 30, 2021
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,

 
   

2021

   

2020

 
                 

Land and improvements

  $ 79,478     $ 83,081  

Building and improvements

    358,469       361,324  

Machinery and equipment

    127,673       122,157  

Property, plant and equipment, gross

    565,620       566,562  

Less: accumulated depreciation and amortization

    (334,174 )     (329,884 )

Property, plant and equipment, net

  $ 231,446     $ 236,678  

 

We recorded depreciation expense of $16.4 million, $16.9 million and $19.5 million in fiscal 2021, fiscal 2020 and fiscal 2019, respectively.