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Product Warranties and Product Repair Costs
 9 Months Ended
Nov. 30, 2024
Payables And Accruals Warranties [Abstract]  
Product Warranties and Product Repair Costs

(16) Product Warranties and Product Repair Costs

The following table provides a summary of the activity with respect to product warranties and product repair costs. The liability for product warranties is included within Accrued expenses and other current liabilities and was $5,884 and $4,965 at November 30, 2024 and February 29, 2024, respectively, on the Consolidated Balance Sheets. The reserve for product repair costs is recorded as a reduction of Inventory and was $599 and $1,628 at November 30, 2024 and February 29, 2024, respectively, on the Consolidated Balance Sheets.

 

 

 

Three months ended
November 30,

 

 

Nine months ended
November 30,

 

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Opening balance

 

$

6,351

 

 

$

6,667

 

 

$

6,593

 

 

$

6,759

 

Liabilities for warranties and product repair costs accrued during the period

 

 

979

 

 

 

548

 

 

 

3,335

 

 

 

2,573

 

Warranty claims settled and product repair costs expended during the period

 

 

(847

)

 

 

(899

)

 

 

(3,445

)

 

 

(3,016

)

Ending balance

 

$

6,483

 

 

$

6,316

 

 

$

6,483

 

 

$

6,316