Graham Corporation Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2018

Note 3 – Property, Plant and Equipment:

Major classifications of property, plant and equipment are as follows:

	March 31,
	2018		2017
Land	$	210	$	210
Buildings and leasehold improvements		19,066		18,818
Machinery and equipment		29,579		28,854
Construction in progress		34		18
		48,889		47,900
Less – accumulated depreciation and amortization		31,837		30,879
	$	17,052	$	17,021

Depreciation expense in fiscal 2018, fiscal 2017 and fiscal 2016 was $1,986, $2,092, and $2,201, respectively.