Property, Plant and Equipment

3 Months Ended

Jun. 29, 2013

Property, Plant and Equipment [Abstract]

Property, plant and equipment are carried at cost. Depreciation is calculated using the straight-line method over the estimated useful lives of each asset. Estimated useful lives for significant classes of assets are as follows: buildings and improvements, 10 to 39 years, and machinery and equipment, 3 to 25 years. Repairs and maintenance charges are expensed as incurred. Property, plant and equipment consist of the following (in thousands):



	June 29, 2013			March 30, 2013
Property, plant and equipment, at cost:
Land	$	19,129		$	19,129
Buildings and improvements	25,497			25,474
Machinery and equipment	15,771			15,423
	60,397			60,026
Accumulated depreciation	(14,414		)	(13,803		)
Property, plant and equipment, net	$	45,983		$	46,223

- 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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