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Warranty
12 Months Ended
Mar. 31, 2013
Warranty

20. Warranty

The Company provides for estimated product warranty expenses when the related products are sold and are included within accrued expenses and other liabilities. Because warranty estimates are forecasts that are based on the best available information, primarily historical claims experience, costs may differ from amounts provided. An analysis of changes in the liability for product warranties is as follows:

 

Balance at March 31, 2010

   $ 31,739   

Current year provisions

     20,565   

Costs incurred

     (17,499

Foreign exchange and other

     1,201   
  

 

 

 

Balance at March 31, 2011

     36,006   

Current year provisions

     26,841   

Costs incurred

     (20,185

Foreign exchange and other

     (595
  

 

 

 

Balance at March 31, 2012

     42,067   

Current year provisions

     19,724   

Costs incurred

     (20,945

Foreign exchange and other

     1,745   
  

 

 

 

Balance at March 31, 2013

   $ 42,591