Annual report pursuant to Section 13 and 15(d)

Property, Plant and Equipment

v3.20.1
Property, Plant and Equipment
 12 Months Ended
Mar. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment

Property, plant and equipment consisted of the following at March 31:

 
 
2020
 
2019*
Land, buildings and improvements
 
$
53,060

 
$
54,294

Machinery and equipment
 
38,880

 
28,567

Office furniture and equipment
 
15,587

 
22,596

Internally developed software
 
5,793

 
4,917

Construction in progress
 
2,772

 
2,995

Property, plant and equipment at cost
 
116,092

 
113,369

Accumulated depreciation
 
(43,550
)
 
(38,414
)
Property, plant and equipment, net
 
$
72,542

 
$
74,955

 
 
 
 
 


*Certain reclassifications have been made to the prior year amounts to conform to the current year presentation. These reclassifications had no effect on the reported results in the consolidated balance sheets or statements of cash flows.

Depreciation expense was $10,502, $9,194 and $7,962, in fiscal 2020, fiscal 2019, and fiscal 2018, respectively.

Included within depreciation expense was amortization of internally developed software of $790, $479, and $495, in fiscal 2020, fiscal 2019 and fiscal 2018, respectively.