Property and Equipment

6 Months Ended

Sep. 30, 2011

Note 7 — Property and Equipment

Property and equipment consisted of the following (in thousands):


	September 30,		March 31,
	2011		2011
Furniture and fixtures	$	1,159	$	1,160
Computer and office equipment		18,395		18,173
Warehouse equipment		10,078		10,078
Leasehold improvements		2,243		1,944
Construction in progress		250		240

Total		32,125		31,595
Less: accumulated depreciation and amortization		23,912		22,296

Net property and equipment	$	8,213	$	9,299

Depreciation expense was $800,000 and $1.6 million for the three and six months ended September 30, 2011, respectively and $850,000 and $1.7 million for the three and six months ended September 30, 2010, 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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