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FIXED ASSETS

12 Months Ended

Mar. 31, 2013

NOTE 6 – FIXED ASSETS

Fixed assets consist of the following (in thousands):


	Estimated Useful Life In Years
			March 31,
			2013			2012
Furniture and fixtures		3-7	$	3,337		$	2,866
Computer equipment and internal use software		3-5		52,170			45,440
Demonstration and spare part units		2		8,041			6,764
Leasehold improvements		4-12		11,920			8,578

				75,468			63,648
Less – accumulated depreciation				(55,790	)		(47,191	)

			$	19,678		$	16,457

Depreciation expense was $9.8 million, $9.6 million and $7.8 million for the years ended March 31, 2013, 2012 and 2011, 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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