Property, Plant and Equipment
|12 Months Ended|
Mar. 31, 2019
|Property, Plant and Equipment|
|Property, Plant, Equipment and Rental Assets||
4. Property, Plant and Equipment
Property, plant and equipment as of March 31, 2019 and 2018 consisted of the following (in thousands):
The Company regularly reassesses the useful lives of property and equipment and retires assets no longer in service. Depreciation expense for property, plant and equipment was $1.0 million and $0.9 million for the fiscal years ended March 31, 2019 and 2018, respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef