PROPERTY AND EQUIPMENT-NET

12 Months Ended

Mar. 31, 2013

PROPERTY AND EQUIPMENT-NET [Abstract]

5. PROPERTY AND EQUIPMENT—NET

Property and equipment—net consists of the following (in thousands):

	March 31,
	2013			2012
Furniture, fixtures and equipment	$	9,274		$	9,082
Vehicles		285			312
Capitalized software		4,149			5,199
Leasehold improvements		2,556			2,446
Total assets		16,264			17,039

Accumulated depreciation and amortization		(14,051	)		(14,953	)
Property and equipment - net	$	2,213		$	2,086

For the years ended March 31, 2013 and 2012, depreciation expense on property and equipment was $1,096 thousand and $967 thousand, 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.

+ References+ Details