Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

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Property, Plant and Equipment
 12 Months Ended
Mar. 31, 2014
Property, Plant and Equipment  
Property, Plant and Equipment

4. Property, Plant and Equipment

        Property, plant and equipment as of March 31, 2014 and 2013 consisted of the following (in thousands):

 
   2014   2013   Estimated
Useful Life

Machinery, rental equipment, equipment, automobiles and furniture

   $ 20,665   $ 20,649   2 - 10 years

Leasehold improvements

     9,731     9,708   10 years

Molds and tooling

     5,138     4,933   2 - 5 years
             
​ ​ ​ ​ ​ ​ ​ ​ ​

 

     35,534     35,290    

Less, accumulated depreciation

     (32,643 )   (31,747 )  
             
​ ​ ​ ​ ​ ​ ​ ​ ​

Total property, plant and equipment, net

   $ 2,891   $ 3,543    
             
​ ​ ​ ​ ​ ​ ​ ​ ​
​ ​ ​ ​ ​ ​ ​ ​ ​
             

        Depreciation expense for property, plant and equipment was $1.8 million, $2.3 million and $2.6 million for the years ended March 31, 2014, 2013 and 2012, respectively.