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

Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2014

Property Plant And Equipment [Abstract]

Property, Plant and Equipment

Note 4 — Property, Plant and Equipment:

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


	March 31,
	2014		2013
Land	$	210	$	210
Buildings and leasehold improvements		13,249		13,179
Machinery and equipment		24,904		23,474
Construction in progress		3,025		14

		41,388		36,877
Less — accumulated depreciation and amortization		24,939		23,589

	$	16,449	$	13,288

Depreciation expense in fiscal 2014, fiscal 2013, and fiscal 2012 was $1,977, $1,851, and $1,685, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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