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Warranties
9 Months Ended
May 31, 2018
Product Warranties Disclosures [Abstract]  
Warranties

Note 11 – Warranties

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

 

 

 

Three months ended

 

 

Nine months ended

 

($ in thousands)

 

May 31,

2018

 

 

May 31,

2017

 

 

May 31,

2018

 

 

May 31,

2017

 

Product warranty accrual balance, beginning of period

 

$

7,548

 

 

$

6,938

 

 

$

8,411

 

 

$

7,443

 

Liabilities accrued for warranties during the period

 

 

1,483

 

 

 

2,364

 

 

 

3,586

 

 

 

4,225

 

Warranty claims paid during the period

 

 

(1,177

)

 

 

(1,893

)

 

 

(4,111

)

 

 

(4,514

)

Changes in estimates

 

 

153

 

 

 

186

 

 

 

121

 

 

 

441

 

Transfers to liabilities held-for-sale

 

 

(872

)

 

 

 

 

 

(872

)

 

 

 

Product warranty accrual balance, end of period

 

$

7,135

 

 

$

7,595

 

 

$

7,135

 

 

$

7,595