NOTE 6 Warranty

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


	Six-Months Ended November 30,
	2014			2013
	(Dollars in thousands)
Balance at the beginning of the period	$	5,697		$	5,882
Accruals for warranties		3,543			2,786
Settlements made during the period		(3,502	)		(2,513	)

Balance at the end of the period		5,738			6,155
Non-current balance included in other deferred liabilities		2,000			2,200

Accrued warranty and related expenses	$	3,738		$	3,955

At November 30, 2014, the total obligation for warranty and related expenses associated with the recreational vehicle segment is estimated to be $1,300,000; consisting of an estimated current obligation of $800,000 and a non-current obligation of $500,000. At November 30, 2013, the total obligation for warranty and related expenses associated with the recreational vehicle segment is estimated to be $1,900,000; consisting of an estimated current obligation of $1,200,000 and non-current obligation of $700,000.