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Warranty Reserves
 9 Months Ended
Jan. 27, 2024
Warranty Reserves  
Warranty Reserves

6. Warranty Reserves

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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 27, 2024 and January 28, 2023, respectively (in thousands):

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Three Months Ended

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Nine Months Ended

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January 27,

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January 28,

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January 27,

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January 28,

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2024

    

2023

    

2024

    

2023

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Beginning balance

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$

5,242

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$

3,017

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$

3,642

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$

2,190

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Balance acquired from acquisition

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—

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—

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40

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—

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Warranty expense

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507

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(333)

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3,294

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1,110

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Warranty costs settled

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(383)

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(387)

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(1,610)

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(1,003)

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Ending balance

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$

5,366

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$

2,297

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$

5,366

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$

2,297

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