Warranties

We offer warranties to our customers depending on the specific product and terms of the customer purchase agreement. A typical warranty program requires that we repair or replace defective products within a specified time period (generally one year) from the date of delivery or first use. We record an estimate for future warranty-related costs based on actual historical return rates. Based on analysis of return rates and other factors, the adequacy of our warranty provisions are adjusted as necessary. The liability for warranty costs is included in accrued liabilities in the Consolidated Balance Sheet.

Following is a reconciliation of the product warranty liability for the nine months ended July 31, 2014 and 2013:


	July 31, 2014			July 31, 2013
Beginning balance at October 31	$	9,409		$	8,929
Accruals for warranties		7,054			5,609
Warranty payments		(6,744	)		(5,964	)
Currency effect		(35	)		(44	)

Ending balance	$	9,684		$	8,530