PROPERTY AND EQUIPMENT, NET

12 Months Ended

Mar. 31, 2013

PROPERTY AND EQUIPMENT, NET [Abstract]

NOTE 6. PROPERTY AND EQUIPMENT, NET

Property and equipment, net, at March 31, 2013 and 2012 consisted of the following (in thousands):

	March 31,
	2013			2012
Property and equipment at cost:
Machinery and equipment	$	28,676		$	26,910
Furniture and fixtures		1,567			1,565
Computer equipment		5,840			4,805
Leasehold improvements		10,098			9,372
Construction in progress		5,949			5,472
		52,130			48,124
Accumulated depreciation and amortization		(26,800	)		(23,828	)
Property and equipment, net	$	25,330		$	24,296

Depreciation and amortization expense for property and equipment amounted to $5.4 million, $4.5 million and $3.9 million in fiscal 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.

+ References+ Details