Quarterly report pursuant to Section 13 or 15(d)

Land Property and Equipment (Notes)

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Land Property and Equipment (Notes)
 9 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Line Items]  
Property, Plant and Equipment Disclosure [Text Block]
Land, Property, and Equipment

Long-lived assets consist of property and equipment. Long-lived assets that are held and used should be reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the long-lived assets might not be recoverable. Due to a significant adverse change in the business climate connected to the ClearLink DAS development project, the Company determined indicators of impairment were present as of June 30, 2016. The Company determined that equipment related to development and manufacturing of this product was fully impaired and recorded an impairment charge of $1.2 million in the nine months ended December 31, 2016. Long-lived asset impairment charges are presented in Long-lived assets impairment on the Condensed Consolidated Statements of Operations. See Note 2 Restructuring Charges.

There was no long-lived asset impairment during the nine months ended December 31, 2017.

The components of fixed assets are as follows:
(in thousands)
December 31, 2017
 
March 31, 2017
Land
$
672

 
$
672

Machinery and equipment
1,603

 
1,698

Office, computer and research equipment
5,473

 
6,012

Leasehold improvements
1,275

 
7,680

Land, property and equipment, gross
$
9,023

 
$
16,062

Less accumulated depreciation and amortization
(7,393
)
 
(14,078
)
Land, property and equipment, net
$
1,630

 
$
1,984



The significant decrease in the gross fixed assets and accumulated depreciation is primarily related to the disposals of fully depreciated leasehold improvements associated with a building operating lease that ended on September 30, 2017.