Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.3.1.900
Property, Plant and Equipment
 9 Months Ended
Dec. 31, 2015
Property, Plant and Equipment  
Property, Plant and Equipment

 

6.  Property, Plant and Equipment

 

The Company recorded depreciation expense of $0.3 million and $1.0 million for the three and nine months ended December 31, 2015, respectively. The Company recorded depreciation expense of $0.3 million and $0.9 million for the three and nine months ended December 31, 2014, respectively.

 

Property, plant and equipment consisted of the following (in thousands):

 

 

 

December 31,
2015

 

March 31,
2015

 

 

 

 

 

 

 

Machinery, rental equipment, equipment, automobiles and furniture

 

$
19,688

 

$
20,873

 

Leasehold improvements

 
9,855

 
9,760

 

Molds and tooling

 
3,195

 
3,722

 

 

 

 

 

 

 

 

 
32,738

 
34,355

 

Less, accumulated depreciation

 
(28,884

)
(30,832

)

 

 

 

 

 

 

Total property, plant and equipment, net

 

$
3,854

 

$
3,523