Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

9 Months Ended

Dec. 31, 2014

6. Property, Plant and Equipment

The Company recorded depreciation expense of $0.3 million and $0.9 million for the three and nine months ended December 31, 2014, respectively. The Company recorded depreciation expense of $0.4 million and $1.4 million for the three and nine months ended December 31, 2013, respectively. Property, plant and equipment consisted of the following (in thousands):

	December 31, 2014			March 31, 2014

Machinery, rental equipment, equipment, automobiles and furniture	$	20,942		$	20,665
Leasehold improvements	9,760			9,731
Molds and tooling	3,999			5,138
	34,701			35,534
Less, accumulated depreciation	(31,539		)	(32,643		)
Total property, plant and equipment, net	$	3,162		$	2,891