Property, Plant and Equipment

3 Months Ended

Jun. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, Plant and Equipment

The cost and accumulated depreciation of property and equipment at June 30, 2017 and March 31, 2017 are as follows (in thousands):

	June 30, 2017			March 31, 2017
Land	$	3,643		$	3,643
Construction in progress - equipment	471			601
Buildings	34,549			34,549
Equipment and software	73,345			73,445
Furniture and fixtures	1,185			1,201
Leasehold improvements	1,907			2,442
Property, plant and equipment, gross	115,100			115,881
Less accumulated depreciation	(75,818		)	(72,443		)
Property, plant and equipment, net	$	39,282		$	43,438

Depreciation expense was $4.2 million and $1.7 million for the three months ended June 30, 2017 and 2016, respectively. Included in depreciation expense for the three months ended June 30, 2017 is $2.5 million of accelerated depreciation recorded to cost of goods sold related to revised estimates of the remaining useful lives of certain pieces of manufacturing equipment.