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Warranties
6 Months Ended
Feb. 28, 2022
Product Warranties Disclosures [Abstract]  
Warranties

Note 9 – Warranties

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

 

 

Three months ended

 

 

Six months ended

 

($ in thousands)

 

February 28,
2022

 

 

February 28,
2021

 

 

February 28,
2022

 

 

February 28,
2021

 

Product warranty accrual balance, beginning of period

 

$

12,379

 

 

$

10,858

 

 

$

12,736

 

 

$

10,765

 

Liabilities accrued for warranties during the period

 

 

1,825

 

 

 

2,247

 

 

 

4,219

 

 

 

3,981

 

Warranty claims paid during the period

 

 

(1,250

)

 

 

(1,378

)

 

 

(4,001

)

 

 

(3,019

)

Changes in estimates

 

 

(136

)

 

 

59

 

 

 

(136

)

 

 

59

 

Product warranty accrual balance, end of period

 

$

12,818

 

 

$

11,786

 

 

$

12,818

 

 

$

11,786