Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.8.0.1
Property, Plant and Equipment
 6 Months Ended
Sep. 30, 2017
Property, Plant and Equipment  
Property, Plant and Equipment

6.  Property, Plant and Equipment

 

Property, plant and equipment consisted of the following as of September 30, 2017 and March 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

September 30,

 

March 31,

 

 

    

2017

    

2017

 

Machinery, rental equipment, equipment, automobiles and furniture

 

$

16,050

 

$

17,657

 

Leasehold improvements

 

 

9,828

 

 

9,870

 

Molds and tooling

 

 

2,929

 

 

2,866

 

 

 

 

28,807

 

 

30,393

 

Less, accumulated depreciation

 

 

(26,575)

 

 

(28,278)

 

Total property, plant and equipment, net

 

$

2,232

 

$

2,115

 

 

 

Depreciation expense for property and equipment was $0.2 million and $0.4 million for the three and six months ended September 30, 2017, respectively. The Company recorded depreciation expense of $0.3 million and $0.6 million for the three and six months ended September 30, 2016, respectively.