Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

9 Months Ended

Dec. 31, 2013

6. Property, Plant and Equipment

The Company recorded depreciation expense of $0.4 million and $1.4 million for the three and nine months ended December 31, 2013, respectively. The Company recorded depreciation expense of $0.6 million and $1.8 million for the three and nine months ended December 31, 2012, respectively. Property, plant and equipment consisted of the following as of December 31, 2013 and March 31, 2013 (in thousands):

	December 31, 2013			March 31, 2013

Machinery, rental equipment, equipment, automobiles and furniture	$	21,365		$	20,649
Leasehold improvements	9,728			9,708
Molds and tooling	5,111			4,933
	36,204			35,290
Less accumulated depreciation	(33,109		)	(31,747		)
Total property, plant and equipment, net	$	3,095		$	3,543