Accounts Payable and Accrued Expenses

3 Months Ended

Jun. 30, 2018

Accounts payable and accrued expenses at June 30, 2018 and March 31, 2018 consisted of the following (in thousands):



	June 30, 2018		March 31, 2018
Accounts payable	$	3,863	$	3,096
Accrued inventories in-transit	144		1,207
Accrued other miscellaneous expenses	1,999		2,412
Advanced deposits	2,729		—
Accrued compensation	4,348		3,605
Income taxes payable	309		536
Accrued warranty	1,752		1,769
Total	$	15,144	$	12,625

The Company generally provides a one to two year warranty on its products, commencing upon delivery or installation where applicable. A provision is recorded upon revenue recognition to cost of revenues for estimated warranty expense based on historical experience.

Product warranty activity was as follows (in thousands):



	Three months ended June 30,
	2018			2017
Balance at beginning of period	$	1,769		$	2,344
Change in accruals for warranties during the period	104			41
Settlements during the period	(121		)	(359		)
Balance at end of period	$	1,752		$	2,026