Plant and Equipment

12 Months Ended

Mar. 31, 2015

8. Plant and Equipment

Plant and equipment, at cost, are as follows at March 31:

	2015			2014
Machinery and equipment	$	25,963,000		$	25,092,000
Office equipment and fixtures		8,602,000			7,552,000
Leasehold improvements		7,422,000			7,569,000
		41,987,000			40,213,000
Less accumulated depreciation		(29,452,000	)		(29,188,000	)

Total	$	12,535,000		$	11,025,000

Plant and equipment located in the foreign countries where the Company has facilities, net of accumulated depreciation, totaled $3,913,000 and $4,703,000 at March 31, 2015 and 2014, respectively. These assets constitute substantially all the long-lived assets of the Company located outside of the United States.

- Definition

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.

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