Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.4.0.3
Property, Plant and Equipment
12 Months Ended
Mar. 31, 2016
Property, Plant and Equipment  
Property, Plant and Equipment

4. Property, Plant and Equipment

Property, plant and equipment as of March 31, 2016 and 2015 consisted of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

    

2016

    

2015

 

Estimated Useful Life

Machinery, rental equipment, equipment, automobiles and furniture

 

$

19,016

 

$

20,873

 

2 - 10 years

Leasehold improvements

 

 

9,855

 

 

9,760

 

10 years

Molds and tooling

 

 

2,824

 

 

3,722

 

2 - 5 years

 

 

 

31,695

 

 

34,355

 

 

Less, accumulated depreciation

 

 

(28,158)

 

 

(30,832)

 

 

Total property, plant and equipment, net

 

$

3,537

 

$

3,523

 

 

 

Depreciation expense for property, plant and equipment was $1.3 million, $1.2 million and $1.8 million for the years ended March 31, 2016, 2015 and 2014, respectively.