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Warranties
9 Months Ended
May 31, 2016
Warranties [Abstract]  
Warranties

Note 10 – Warranties

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



 

 

 

 

 

 



 

 

 

 

 

 



 

Three months ended



 

May 31,

 

May 31,

($ in thousands)

 

2016

 

2015

Product warranty accrual balance, beginning of period

 

$

6,431 

 

$

8,467 

Liabilities accrued for warranties during the period

 

 

1,372 

 

 

1,374 

Warranty claims paid during the period

 

 

(1,267)

 

 

(1,258)

Changes in estimates

 

 

(78)

 

 

(1,279)

Product warranty accrual balance, end of period

 

$

6,458 

 

$

7,304 



 

 

 

 

 

 



 

Nine months ended



 

May 31,

 

May 31,

($ in thousands)

 

2016

 

2015

Product warranty accrual balance, beginning of period

 

$

7,271 

 

$

9,331 

Liabilities accrued for warranties during the period

 

 

3,676 

 

 

2,772 

Warranty claims paid during the period

 

 

(3,853)

 

 

(3,466)

Changes in estimates

 

 

(636)

 

 

(1,333)

Product warranty accrual balance, end of period

 

$

6,458 

 

$

7,304