Annual report pursuant to Section 13 and 15(d)

Note 8 - Property, Plant and Equipment

v3.22.2.2
Note 8 - Property, Plant and Equipment
 12 Months Ended
Jun. 30, 2022
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,

  
   

2022

    

2021

  
                 

Land and improvements

   $ 78,443     $ 79,478  

Building and improvements

     356,622       358,469  

Machinery and equipment

     127,062       127,673  

Property, plant and equipment, gross

     562,127       565,620  

Less: accumulated depreciation and amortization

     (338,597 )     (334,174 )

Property, plant and equipment, net

   $ 223,530     $ 231,446  

 

We recorded depreciation expense of $16.0 million, $16.4 million and $16.9 million in fiscal 2022, fiscal 2021 and fiscal 2020, respectively.