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

Property, Plant and Equipment

12 Months Ended

Mar. 31, 2016

Note 3 – Property, Plant and Equipment:

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

	March 31,
	2016		2015
Land	$	210	$	210
Buildings and leasehold improvements		18,774		18,682
Machinery and equipment		28,537		27,749
Construction in progress		70		70
		47,591		46,711
Less – accumulated depreciation and amortization		28,844		26,899
	$	18,747	$	19,812

Depreciation expense in fiscal 2016, fiscal 2015, and fiscal 2014 was $2,201, $2,079, and $1,977, respectively.