Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.5.0.2
Property, Plant and Equipment
 6 Months Ended
Sep. 30, 2016
Property, Plant and Equipment  
Property, Plant and Equipment

6.  Property, Plant and Equipment

 

The Company recorded depreciation expense of $0.3 million and $0.6 million for the three and six months ended September 30, 2016, respectively. The Company recorded depreciation expense of $0.3 million and $0.6 million for the three and six months ended September 30, 2015, respectively. Property, plant and equipment consisted of the following as of September 30, 2016 and March 31, 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

September 30,

 

March 31,

 

 

    

2016

    

2016

 

Machinery, rental equipment, equipment, automobiles and furniture

 

$
18,662

 

$
19,016

 

Leasehold improvements

 

 
9,855

 

 
9,855

 

Molds and tooling

 

 
2,847

 

 
2,824

 

 

 

 
31,364

 

 
31,695

 

Less, accumulated depreciation

 

 
(28,568)

 

 
(28,158)

 

Total property, plant and equipment, net

 

$
2,796

 

$
3,537