Warranties

3 Months Ended

Oct. 31, 2016

Warranties

Warranties

Note 9.Warranties

A summary of activity in the warranty reserves follows:

	Three Months Ended
	October 31,
	2016		2015
Beginning balance	$	2,575,000	$	1,740,000
Acquisitions		121,000		28,000
Provisions		1,916,000		905,000
Settlements		(1,746,000)		(823,000)
Foreign currency translation		(35,000)		(3,000)
Ending balance	$	2,831,000	$	1,847,000

The warranty provisions for the three months ended October 31, 2016 and 2015 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.