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Warranty Reserves
9 Months Ended
Jan. 25, 2025
Warranty Reserves  
Warranty Reserves

6. 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 25, 2025 and January 27, 2024, respectively (in thousands):

Three Months Ended

Nine Months Ended

    

January 25,

January 27,

January 25,

January 27,

2025

    

2024

    

2025

    

2024

Beginning balance

$

3,642

$

5,242

$

5,538

$

3,642

Balance acquired from acquisition

40

Warranty expense

 

(230)

 

507

 

(1,070)

 

3,294

Warranty costs settled

 

(625)

 

(383)

 

(1,681)

 

(1,610)

Ending balance

$

2,787

$

5,366

$

2,787

$

5,366