Property and Equipment

12 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Property and equipment is comprised of the following:



	June 30,
	2018			2017
	(in thousands)
Land	$	3,331		$	3,331
Buildings and leasehold improvements	21,384			21,101
Computer software and equipment	74,220			53,583
Furniture, fixtures and equipment	27,077			26,059
Construction in progress	1,584			4,556
Rental equipment	13,817			—
	141,413			108,630
Less accumulated depreciation	(68,371		)	(52,064		)
	$	73,042		$	56,566

During the fiscal year ended June 30, 2018, the increase in net fixed assets from the prior year is largely due to net assets acquired during the POS Portal acquisition.

Depreciation expense recorded as selling, general and administrative costs in the accompanying Consolidated Income Statements was $13.3 million, $9.4 million and $7.3 million for the fiscal years ended 2018, 2017 and 2016, respectively. Depreciation expense recorded as cost of goods sold in the accompanying Consolidated Income Statements was $3.5 million for the fiscal year ended June 30, 2018. There was no depreciation expense recorded as cost of goods sold prior to the acquisition of POS Portal on July 31, 2017.