Quarterly report pursuant to Section 13 or 15(d)

Property, Plant and Equipment

v3.6.0.2
Property, Plant and Equipment
 9 Months Ended
Dec. 31, 2016
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, 2016, respectively. The Company recorded depreciation expense of $0.3 million and $1.0 million for the three and nine months ended December 31, 2015, respectively. Property, plant and equipment consisted of the following as of December 31, 2016 and March 31, 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

March 31,

 

 

    

2016

    

2016

 

Machinery, rental equipment, equipment, automobiles and furniture

 

$
18,974

 

$
19,016

 

Leasehold improvements

 

 
9,855

 

 
9,855

 

Molds and tooling

 

 
2,857

 

 
2,824

 

 

 

 
31,686

 

 
31,695

 

Less, accumulated depreciation

 

 
(28,857)

 

 
(28,158)

 

Total property, plant and equipment, net

 

$
2,829

 

$
3,537