Property and equipment consisted of the following (in thousands):
|
|
|
Depreciable Life |
|
June 30, |
|
June 30, |
|
||||
|
|
|
(in years) |
|
2016 |
|
2015 |
|
||||
|
Land |
|
|
— |
|
|
$ |
1,264 |
|
$ |
1,264 |
|
|
Building and improvements |
|
7 |
- |
40 |
|
|
17,460 |
|
|
17,422 |
|
|
Machinery and equipment |
|
3 |
- |
12 |
|
|
39,350 |
|
|
35,238 |
|
|
Office furniture and equipment |
|
3 |
- |
10 |
|
|
1,050 |
|
|
931 |
|
|
Construction-in-process |
|
|
— |
|
|
|
1,838 |
|
|
1,934 |
|
|
Assets acquired under capital lease |
|
|
|
|
|
|
5,482 |
|
|
5,573 |
|
|
|
|
|
|
|
|
|
66,444 |
|
|
62,362 |
|
|
Less: Accumulated depreciation |
|
|
|
|
|
|
(23,018) |
|
|
(17,808) |
|
|
Less: Accumulated amortization on capital leases |
|
|
|
|
|
|
(1,445) |
|
|
(741) |
|
|
|
|
|
|
|
|
$ |
41,981 |
|
$ |
43,813 |
|