Warranties

3 Months Ended

Oct. 31, 2015

Warranties

Warranties

Note 9.Warranties

A summary of activity in the warranty reserves follows:

	Three Months Ended
	October 31,
	2015			2014
Beginning balance	$	1,740,000		$	1,589,000
Acquisitions	28,000			—
Provisions	905,000			713,000
Settlements	(823,000		)	(600,000		)
Foreign currency translation	(3,000		)	(13,000		)
Ending balance	$	1,847,000		$	1,689,000

The warranty provisions for the three months ended October 31, 2015 and 2014 relate principally to the Company’s endoscope reprocessing and water purification equipment. Warranty reserves are included in accrued expenses in the Condensed Consolidated Balance Sheets.