Property and Equipment

12 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property and equipment is comprised of the following:



	June 30,
	2017			2016
	(in thousands)
Land	$	3,331		$	3,009
Buildings and leasehold improvements	21,101			20,473
Computer software and equipment	53,583			46,112
Furniture, fixtures and equipment	26,059			23,316
Construction in progress	4,556			4,897
	108,630			97,807
Less accumulated depreciation	(52,064		)	(45,419		)
	$	56,566		$	52,388

During the fiscal year ended June 30, 2017, the increase in net fixed assets from the prior year is largely due to net assets acquired during the Intelisys acquisition, including the fair value of software assessed on the acquisition date.

Depreciation expense was $9.4 million, $7.3 million and $5.4 million for the fiscal years ended 2017, 2016 and 2015, respectively, all of which relates to selling, general and administrative costs, not the cost of selling goods, and has been presented as such in the accompanying Consolidated Income Statements.