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Product Warranties
 6 Months Ended
Mar. 31, 2023
Product Warranties Disclosures [Abstract]  
Product Warranties

9. PRODUCT WARRANTIES

The Company provides product assurance warranties of various lengths ranging from 5 years to lifetime for limited coverage for a variety of material and workmanship defects based on standard terms and conditions between the Company and its customers. Warranty coverage depends on the product involved. The warranty reserve activity consisted of the following (in thousands):

 

 

 

Three Months Ended March 31,

 

 

 

Six Months Ended March 31,

 

 

 

2023

 

 

2022

 

 

 

2023

 

 

 

2022

 

Beginning balance

 

$

14,538

 

 

$

12,681

 

 

 

$

15,023

 

 

 

$

12,699

 

Adjustments to reserve

 

 

337

 

 

 

1,810

 

 

 

 

165

 

 

 

 

2,277

 

Warranty claims payment

 

 

(494

)

 

 

(543

)

 

 

 

(807

)

 

 

 

(1,028

)

Ending balance

 

 

14,381

 

 

 

13,948

 

 

 

 

14,381

 

 

 

 

13,948

 

Current portion of accrued warranty

 

 

(2,645

)

 

 

(3,218

)

 

 

 

(2,645

)

 

 

 

(3,218

)

Accrued warranty – less current portion

 

$

11,736

 

 

$

10,730

 

 

 

$

11,736

 

 

 

$

10,730