Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.24.1.1.u2
Property, Plant and Equipment
12 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 5 – Property, Plant and Equipment:

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

 

 

 

March 31,

 

 

 

2024

 

 

2023

 

Land and land improvements

 

$

450

 

 

$

450

 

Buildings and leasehold improvements

 

 

24,651

 

 

 

23,112

 

Machinery and equipment

 

 

45,391

 

 

 

41,398

 

Construction in progress

 

 

6,699

 

 

 

2,518

 

 

 

 

77,191

 

 

 

67,478

 

Less – accumulated depreciation and amortization

 

 

45,111

 

 

 

41,955

 

 

 

$

32,080

 

 

$

25,523

 

 

Depreciation expense in fiscal 2024, fiscal 2023 and fiscal 2022 was $3,275, $3,511, and $3,077, respectively.