Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2013

4. Property, Plant and Equipment

Property, plant and equipment as of March 31, 2013 and 2012 consisted of the following (in thousands):

	2013			2012			Estimated Useful Life

Machinery, rental equipment, equipment, automobiles and furniture	$	20,649		$	20,506		2 - 10 years
Leasehold improvements		9,708			9,696		10 years
Molds and tooling		4,933			4,880		2 - 5 years

		35,290			35,082
Less, accumulated depreciation		(31,747	)		(30,249	)

Total property, plant and equipment, net	$	3,543		$	4,833

Depreciation expense for property, plant and equipment was $2.3 million, $2.6 million and $2.8 million for the years ended March 31, 2013, 2012 and 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