Property and Equipment

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Property and equipment, net consisted of the following:



	As of June 30, 2015			As of June 30, 2014
Land	$	254		$	254
Leasehold improvements	4,527			2,039
Machinery and equipment	14,728			11,257
Furniture and fixtures	2,354			1,544
Construction in process	2,621			2,987
	24,484			18,081
Less accumulated depreciation	(9,538		)	(7,118		)
	$	14,946		$	10,963

Depreciation expense was $2,427, $1,600 and $1,090 for the fiscal years ended June 30, 2015, 2014 and 2013, respectively, substantially all of which was recorded in cost of goods sold.

Sale-Leaseback Transaction

In March 2008, the Company sold its two primary manufacturing and office facilities for a total of $18,250, which resulted in a gain of $726. Expenses incurred related to the sale were $523. Simultaneous with the sale, the Company entered into an agreement to lease back the buildings for an initial term of 20 years. The net gain on this transaction of $203 has been deferred and is being amortized over the initial lease term. For the fiscal years ended June 30, 2015, 2014 and 2013, the realized gain recognized was $7, $11 and $11, respectively.