Property, Plant and Equipment

12 Months Ended

Mar. 31, 2013

Note 4. Property, Plant and Equipment

Property, plant and equipment consist of the following (in thousands):

	March 31,
	2013			2012
Land	$	873		$	873
Buildings	4,553			4,489
Manufacturing equipment	5,665			5,235
Computer equipment	1,129			811
Other	384			225
	12,604			11,633
Less accumulated depreciation	(5,198		)	(4,367		)
	$	7,406		$	7,266

Depreciation expense for the years ended March 31, 2013, 2012 and 2011 was $831,000, $725,000 and $661,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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