Quarterly report pursuant to Section 13 or 15(d)

Note 8 - Property, Plant and Equipment

v3.22.2.2
Note 8 - Property, Plant and Equipment
 3 Months Ended
Sep. 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):

 

   

September 30,

    

June 30,

  
   

2022

    

2022

  

Land and improvements

   $ 77,747     $ 78,443  

Building and improvements

     346,162       356,622  

Machinery and equipment

     122,093       127,062  

Property, plant and equipment, gross

     546,002       562,127  

Less: accumulated depreciation and amortization

     (324,223 )     (338,597 )

Property, plant and equipment, net

   $ 221,779     $ 223,530  

 

We recorded depreciation expense of $3.9 million and $4.3 million for the three months ending September 30, 2022 and 2021, respectively.