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Warranties
6 Months Ended
Feb. 28, 2017
Warranties [Abstract]  
Warranties

Note 10 – Warranties 



The following table provides the changes in the Company’s product warranties:







 

 

 

 

 

 



 

 

 

 

 

 



 

Three months ended



 

February 28,

 

February 29,

($ in thousands)

 

2017

 

2016

Product warranty accrual balance, beginning of period

 

$

7,572 

 

$

6,285 

Liabilities accrued for warranties during the period

 

 

860 

 

 

586 

Warranty claims paid during the period

 

 

(1,420)

 

 

(725)

Changes in estimates

 

 

(74)

 

 

285 

Product warranty accrual balance, end of period

 

$

6,938 

 

$

6,431 



 

 

 

 

 

 



 

Six months ended



 

February 28,

 

February 29,

($ in thousands)

 

2017

 

2016

Product warranty accrual balance, beginning of period

 

$

7,443 

 

$

7,271 

Liabilities accrued for warranties during the period

 

 

1,861 

 

 

1,944 

Warranty claims paid during the period

 

 

(2,621)

 

 

(2,586)

Changes in estimates

 

 

255 

 

 

(198)

Product warranty accrual balance, end of period

 

$

6,938 

 

$

6,431