Property, plant and equipment included the following as of:

    

March 31, 2025

    

March 31, 2024

Land

$

110

$

110

Building and improvements

 

3,294

 

3,294

Machinery and equipment, furniture, and fixtures

 

26,605

 

25,591

Construction-in-progress

 

147

 

148

Total property, plant, and equipment

 

30,156

 

29,143

Less: accumulated depreciation

 

(16,365)

 

(14,345)

Total property, plant and equipment, net

$

13,791

$

14,798

Historical Timeline

Fiscal YearFiled
2025Jul 30, 2025Showing above
2024Sep 13, 2024
2023Jun 15, 2023
2022Aug 10, 2022
2021Jun 10, 2021
2020Jun 11, 2020
2019Jun 27, 2019
2018Jun 28, 2018
2017Jun 29, 2017
2016Jun 28, 2016

About PP&E Disclosures

The PP&E disclosure details a company's physical asset base — land, buildings, machinery, and equipment — along with the depreciation methods and useful life assumptions that determine how these costs flow through the income statement. Capitalization policy thresholds reveal management's judgment on the boundary between expense and asset, directly affecting both reported earnings and asset values.

Key signals: changes in estimated useful lives or depreciation methods can materially shift reported earnings without any operational change. Compare capital expenditures against depreciation expense — when capex consistently trails depreciation, the asset base may be aging and underinvested. Watch for large asset impairments or write-downs that signal overvalued carrying amounts. Asset retirement obligations reveal future environmental or decommissioning costs that are often underappreciated. Compare PP&E intensity (PP&E-to-revenue) against industry peers to assess capital efficiency and competitive positioning.