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Warranty Reserves
9 Months Ended
Jan. 28, 2023
Warranty Reserves  
Warranty Reserves

7. Warranty Reserves

The Company accrues an estimate of its exposure to warranty claims based upon both current and historical product sales data and warranty costs incurred. The warranty reserve is included in other current liabilities on the unaudited condensed consolidated balance sheet. The related expense is included in cost of sales. Warranty reserve activity is summarized as follows for the three and nine months ended January 28, 2023 and January 29, 2022, respectively (in thousands):

Three Months Ended

Nine Months Ended

    

January 28,

January 29,

January 28,

January 29,

2023

    

2022

    

2023

    

2022

Beginning balance

$

3,017

$

2,650

$

2,190

$

2,341

Balance acquired from acquisition

256

Warranty expense

 

(333)

 

(192)

 

1,110

 

704

Warranty costs settled

 

(387)

 

(352)

 

(1,003)

 

(1,195)

Ending balance

$

2,297

$

2,106

$

2,297

$

2,106