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Note C - Warranty
9 Months Ended
Mar. 27, 2020
Notes to Financial Statements  
Product Warranty Disclosure [Text Block]
C
.
Warranty
 
The Company engages in extensive product quality programs and processes, including actively monitoring and evaluating the quality of its suppliers. However, its warranty obligation is affected by product failure rates, the number of units affected by the failure and the expense involved in satisfactorily addressing the situation. The warranty reserve is established based on our best estimate of the amounts necessary to settle future and existing claims on products sold as of the balance sheet date. When evaluating the adequacy of the reserve for warranty costs, management takes into consideration the term of the warranty coverage, historical claim rates and costs of repair, knowledge of the type and volume of new products and economic trends. While we believe the warranty reserve is adequate and that the judgment applied is appropriate, such amounts estimated to be due and payable in the future could differ materially from what actually transpires. The following is a listing of the activity in the warranty reserve for the quarters ended
March 27, 2020
and
March 29, 2019:
 
   
For the Quarter Ended
   
For the Three Quarters Ended
 
   
March 27, 2020
   
March 29, 2019
   
March 27, 2020
   
March 29, 2019
 
Reserve balance, beginning of period
  $
5,775
    $
3,843
    $
3,736
    $
4,407
 
Current period expense and adjustments
   
3,127
     
670
     
9,255
     
2,084
 
Payments or credits to customers
   
(2,973
)    
(742
)    
(7,039
)    
(2,688
)
Translation
   
(9
)    
 (21
)    
(32
)    
 (53
)
Reserve balance, end of period
  $
5,920
    $
3,750
    $
5,920
    $
3,750
 
 
Included in expense in the quarter and
three
quarters ending
March 27, 2020
is a non-recurring warranty charge in the amount of
$2,234
and
$6,123,
respectively, to accrue for estimated costs to resolve a unique product performance issue at certain installations.
 
The current portion of the warranty accrual (
$5,053
and
$2,983
as of
March 27, 2020
and
March 29, 2019,
respectively) is reflected in accrued liabilities, while the long-term portion (
$867
and
$767
as of
March 27, 2020
and
March 29, 2019,
respectively) is included in other long-term liabilities on the consolidated balance sheets.