Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

6 Months Ended

Sep. 30, 2012

6. Property, Plant and Equipment

Property, plant and equipment consisted of the following:

	September 30, 2012			March 31, 2012
	(In thousands)
Machinery, rental equipment, equipment, automobiles and furniture	$	20,634		$	20,506
Leasehold improvements	9,694			9,696
Molds and tooling	4,933			4,880
	35,261			35,082
Less accumulated depreciation and amortization	(31,141		)	(30,249		)
Total property, plant and equipment, net	$	4,120		$	4,833

The Company recorded depreciation expense of $0.6 million and $ 1.2 million for the three and six months ended September 30, 2012, respectively. The Company recorded depreciation expense of $0.6 million and $1.3 million for the three and six months ended September 30, 2011, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

+ References + Details