NOTE 6

Warranty

A reconciliation of accrued warranty and related expenses is as follows:


	Three-Months Ended
	August 31,
	2013			2012
	(Dollars in thousands)
Balance at the beginning of the period	$	5,882		$	5,870
Accruals for warranties		1,298			1,685
Settlements made during the period		(1,181	)		(1,357	)

Balance at the end of the period		5,999			6,198
Non-current balance included in other deferred liabilities		2,200			2,000

Accrued warranty and related expenses	$	3,799		$	4,198